Today's Gold Rate in Ujjain

Gold holds significant importance in Ujjain, whether for investment, jewellery, or cultural purposes. Knowing the gold rate in Ujjain today is crucial for those planning to buy or sell gold. Gold prices are influenced by several factors such as global market trends, currency fluctuations, and demand within India.

 

In Ujjain, gold is available in various purities, including 24 karat (purest form) and 22 karat (commonly used in jewellery). The rates for these purities are updated daily based on market conditions. For instance, today’s gold rate in Ujjain may differ slightly compared to yesterday due to changes in international markets or import duties.

 

Whether you’re purchasing gold as a savings tool or for special occasions, staying updated on the gold price in Ujjain helps in making informed decisions. Always check the latest rates before investing or buying.

Check out the gold price today in Ujjain for different weights below.

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,310	₹9,315	₹-5
10 Gram	₹93,100	₹93,150	₹-50
100 Gram	₹931,000	₹931,500	₹-500

Gold price in Ujjain with fluctuations in the last few days, is shown below:

Gold price in Ujjain with fluctuations in the last few days, is shown below:

Gold prices in Ujjain 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.

 

Gold Prices on 1st April 2025

• 22-Karat Gold: ₹9,030 per gram
• 24-Karat Gold: ₹9,820 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹9,480 per gram
• 24-Karat Gold: ₹10,310 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 24th April 2025:

• 22-Karat Gold: ₹9,570 per gram
• 24-Karat Gold: ₹10,400 per gram

 

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 7th April 2025:

• 22-Karat Gold: ₹8,970 per gram
• 24-Karat Gold: ₹9,770 per gram

 

Overall Performance

Gold prices in Ujjain showed a +4.99% increase in April 2025.

Gold prices in Ujjain 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.

 

Gold Prices on 1st March 2025

• 22-Karat Gold: ₹8,810 per gram
• 24-Karat Gold: ₹9,600 per gram

 

Gold Prices on 31st March 2025

• 22-Karat Gold: ₹9,030 per gram
• 24-Karat Gold: ₹9,820 per gram

 

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 22nd March 2025:

• 22-Karat Gold: ₹9,090 per gram
• 24-Karat Gold: ₹9,880 per gram

 

Lowest Gold Price in March 2025

The lowest recorded price of gold during the month was on 5th March 2025:

• 22-Karat Gold: ₹8,770 per gram
• 24-Karat Gold: ₹9,550 per gram

 

Overall Performance

Gold prices in Ujjain showed a +2.50% increase in March 2025.

Gold prices in Ujjain 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.

 

Gold Prices on 1st February 2025

• 22-Karat Gold: ₹8,580 per gram
• 24-Karat Gold: ₹9,350 per gram

 

Gold Prices on 28 th February 2025

• 22-Karat Gold: ₹8,810 per gram
• 24-Karat Gold: ₹9,600 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 15th February 2025:

• 22-Karat Gold: ₹8,850 per gram
• 24-Karat Gold: ₹9,640 per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 4th February 2025:

• 22-Karat Gold: ₹8,530 per gram
• 24-Karat Gold: ₹9,310 per gram

 

Overall Performance

Gold prices in Ujjain showed a +2.68% increase in February 2025.

The price of gold in Ujjain, like other cities, changes daily due to a variety of global and local factors. Understanding these factors can help you make informed decisions while buying gold. Here’s a look at the key factors influencing gold prices:

International Gold Rates

Gold prices in Ujjain are directly linked to international gold rates. Changes in global demand, supply, and geopolitical tensions impact these rates, which then affect local prices.

Currency Exchange Rates

Gold in India is imported, and its price is influenced by the strength of the Indian Rupee against the US Dollar. A weaker Rupee leads to higher gold prices in Ujjain.

Inflation Rates

Gold is considered a hedge against inflation. When inflation rises, people prefer gold as a safer option, increasing its demand and price.

Import Duties

India imports most of its gold, and import duties set by the government affect gold prices. Higher duties can increase the cost of gold in Ujjain.

Festive and Wedding Demand

In Ujjain, festivals like Akshaya Tritiya and Diwali, along with the wedding season, see a spike in gold demand, which may increase prices temporarily.

Central Bank Policies

Policies by the Reserve Bank of India (RBI) regarding gold reserves and interest rates can indirectly influence gold rates.

The introduction of the Goods and Services Tax (GST) in India has affected the overall cost of gold in Ujjain. While the GST simplifies the tax structure, it has added an extra layer of charges to gold purchases. Here’s how GST impacts gold rates in Ujjain:

GST Rate on Gold

A GST of 3% is levied on the value of gold, whether it is in the form of jewellery, coins, or bars. This tax is calculated based on the prevailing gold rate in Ujjain today.

GST on Making Charges

In addition to the 3% GST on gold value, a 5% GST is charged on the making charges for gold jewellery. This increases the overall cost of purchasing gold items.

Higher Overall Cost

Before GST, taxes such as VAT and service tax were lower, but with GST, the total tax burden has slightly increased. This makes gold slightly more expensive for buyers in Ujjain.

Standardisation of Pricing

GST has standardised the taxation system across India, reducing price discrepancies between states. This ensures that the gold price in Ujjain aligns with other cities, apart from variations due to local jewellers’ charges.

Impact on Gold Investments

For investment in physical gold, GST adds to the purchase cost, reducing short-term returns. However, digital gold, Sovereign Gold Bonds, or Gold ETFs do not attract GST on purchase, making them cost-effective alternatives.

Gold loans are a popular borrowing option in Ujjain, where people pledge their gold as collateral to meet urgent financial needs. The gold rate in Ujjain today plays a critical role in determining how much loan you can receive. Here’s how gold rates influence gold loans

Loan Amount Depends on Gold Value

The loan amount you can borrow is based on the value of the gold pledged. When gold rates are high, the value of your gold increases, allowing you to borrow a higher amount. Conversely, a drop in gold prices may reduce the loan amount.

Loan-to-Value (LTV) Ratio

The Reserve Bank of India (RBI) allows lenders to offer a maximum of 75% of the gold’s current market value as a loan. This means that today’s gold price in Ujjain directly affects the amount you’re eligible to borrow.

Interest Rates and Repayment

Gold loans typically have lower interest rates compared to unsecured loans. However, lenders may revise interest rates based on fluctuations in gold prices to manage risks. Borrowers in Ujjain should check how interest rates align with current gold prices.

Risk of Falling Gold Prices

If gold rates drop significantly during the gold loan tenure, it could increase the risk for lenders. To safeguard their interests, lenders may ask borrowers to provide additional gold as collateral or repay a portion of the loan.

Favourable During High Gold Prices

Taking a gold loan when gold prices are high ensures you can maximise the loan amount. However, it’s important to monitor gold rates to avoid repayment challenges if prices fluctuate.