Check the gold rate in Sangli daily to make informed buying or borrowing decisions, as prices fluctuate based on demand, supply, inflation, and other factors.
Like other cities, Sangli experiences high demand for gold, especially during festivals and wedding season. The gold rate in Sangli depends on factors like market trends, purity, and changes in government politics, among others.
Consider these factors when purchasing gold or getting a gold loan against your asset, as they can impact the final price. Comparing rates from different sources can help you get the best deal. To start with, check out the gold rate today in Sangli.
Gold prices in Sangli continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.
The highest recorded price of gold during the month was on 23rd April 2025:
The lowest recorded price of gold during the month was on 5th April 2025:
Gold prices in Sangli showed a +4.84% increase in April 2025.
Gold prices in Sangli continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.
The highest recorded price of gold during the month was on 28th March 2025:
The lowest recorded price of gold during the month was on 5th March 2025:
Gold prices in Sangli showed a +4.60% increase in March 2025.
Gold prices in Sangli continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.
The highest recorded price of gold during the month was on 25th February 2025:
The lowest recorded price of gold during the month was on 7th February 2025:
Gold prices in Sangli showed a +3.41% increase in February 2025.
Several factors will help you determine the perfect time for your purchase. Check today’s gold rate in Sangli to track any fluctuations in its price. These may occur due to various local or international factors. Some of them include:
Inflation Rate
When inflation rises, gold prices tend to increase as well. This happens because investors view gold as a safe-haven asset during periods of high inflation. As a result, the demand for gold increases, driving up its price.
Gold Reserve
The RBI holding on to its gold for future needs will result in a rise in the price of gold. This decision will lead to a shortage in the supply of gold in the local markets of Sangli, causing prices to increase.
Festive Season
During weddings, celebrations, and festivals, the demand for gold rises, which leads to an increase in gold prices. While some sellers may offer discounts on additional charges, others may raise them to maximise profits during peak season.
US Dollar Rate
Gold prices are typically quoted in US Dollars on global markets. When the US Dollar weakens, gold becomes more affordable for buyers using other currencies, including the Indian Rupee. This often leads to an increase in demand for gold in India, causing its price to rise.
In India, the GST on gold coins is 3%, split into 1.5% for CGST and 1.5% for SGST. The making charges for gold jewellery are also taxed at 5%.
For example, if you purchase gold earrings worth ₹60,000, the GST will be ₹1,800 (3% of ₹60,000). If the jeweller charges ₹3,000 for making the coins, the GST on the making charges will be ₹150 (5% of ₹3,000).
Gold loans are ideal for emergencies because they come with low eligibility criteria and competitive interest rates. The amount you can borrow against your gold asset depends on the current value of gold. If the gold rate is high, you can borrow more. If it decreases, the amount you can borrow also reduces.
This makes gold loans a flexible and reliable option during financial crises. You can compare and apply for different lenders offering gold loans at Bajaj Markets. Just provide a few basic documents and secure a loan within minutes.
Sangli’s gold price may vary from other cities in Maharashtra due to several local factors. Some of them include:
Market demand
Buying patterns of local consumers
Festivals and cultural preferences
The ideal form of gold depends on your personal preferences and budget. If you are looking to invest, buying gold coins or bullion can be a smart choice, as they offer better value over time. On the other hand, for personal use, you can select gold jewellery based on your style and preferences.
It is recommended to check today’s gold rate in Sangli and compare the prices over the past week or ten days before making a purchase.
The most common way to check the purity of a gold item is by looking for the hallmark stamp. For a more accurate assessment, it is best to consult a certified jeweller.
On Bajaj Markets, you can easily compare and apply for gold loans from different lenders online. The application process is digital, allowing you to apply from home with minimal paperwork.