As on Jul 01, 2024

Gold Rate in Maharashtra Today

  • 71,710-0.28%

Who controls the price of gold?

The prices of gold are mostly influenced by trading activity in the London Over-the-Counter (OTC) spot gold market and the COMEX gold futures market, rather than the availability and demand for physical gold. Other markets like the Shanghai Gold Exchange (SGE) and Multi Commodity Exchange (MCX) usually mirror the prices set by the London and New York paper gold markets. Additionally, global economic and political events, as well as central bank policies and currency fluctuations, can also play a significant role in shaping the price of gold.

Gold Rate Today Price Trends in Maharashtra

As on Jul 01, 20241 gram8 grams10 grams100 grams
24 Carat Gold₹7,171₹57,368₹71,710₹7,17,100
24 Carat Gold₹7,187₹57,496₹71,870₹7,18,700
22 Carat Gold₹6,650₹53,200₹66,500₹6,65,000
* These gold rates are indicative and excludes GST etc. For exact rates contact your local jeweller.

Gold Rate News

Gold prices edged higher on Monday as a lower dollar prompted some short covering from investors with focus turning to U.S. jobs data due later this week that could offer more cues around interest rate cuts by the Federal Reserve.

Gold rate for last 30 days

Date22 Carat Price24 Carat Price
Jul 01, 2024₹66,5000.42% ₹71,9930.77%
Jun 30, 2024₹66,2220.34% ₹71,9130.66%
Jun 30, 2024₹66,2220.34% ₹71,9930.77%
Jun 29, 2024₹66,2220.34% ₹71,9130.66%
Jun 29, 2024₹66,2220.34% ₹71,9130.66%
Jun 28, 2024₹66,2220.34% ₹71,9130.66%
Jun 28, 2024₹66,2220.34% ₹71,9930.77%
Jun 27, 2024₹65,9950.31% ₹71,9930.77%
Jun 27, 2024₹65,9950.31% ₹71,9130.66%
Jun 26, 2024₹65,792-1.05% ₹71,9930.77%
Jun 26, 2024₹65,792-1.05% ₹71,9130.66%
Jun 25, 2024₹66,4900.48% ₹71,9930.77%
Jun 25, 2024₹66,4900.48% ₹71,3400.02%
Jun 24, 2024₹66,170-1.09% ₹71,4400.16%
Jun 24, 2024₹66,170-1.09% ₹71,3400.02%
Jun 24, 2024₹66,8990.90% ₹71,4400.16%
Jun 24, 2024₹66,8990.90% ₹71,417-0.62%
Jun 23, 2024₹66,8990.90% ₹71,327-0.74%
Jun 23, 2024₹66,8990.90% ₹71,417-0.62%
Jun 21, 2024₹66,8990.90% ₹71,327-0.74%
Jun 21, 2024₹66,8990.90% ₹72,1200.50%
Jun 20, 2024₹66,300-1.24% ₹71,8600.14%
Jun 20, 2024₹66,300-1.24% ₹72,1200.50%
Jun 19, 2024₹67,1320.16% ₹71,8600.14%
Jun 19, 2024₹67,1320.16% ₹71,752-1.36%
Jun 18, 2024₹67,0230.25% ₹71,762-1.35%
Jun 16, 2024₹66,854-0.37% ₹71,752-1.36%
Jun 16, 2024₹66,854-0.37% ₹71,762-1.35%
Jun 15, 2024₹66,854-0.37% ₹72,7521.12%
Jun 14, 2024₹66,854-0.37% ₹72,7421.10%
Jun 13, 2024₹67,103-0.05% ₹72,7521.12%
Jun 12, 2024₹67,1340.01% ₹72,7421.10%
Jun 11, 2024₹67,1280.73% ₹72,7521.12%
Jun 10, 2024₹66,644-0.33% ₹72,7421.10%
Jun 09, 2024₹66,868-0.38% ₹72,7521.12%
Jun 08, 2024₹66,868-0.38% ₹72,7421.10%
Jun 07, 2024₹66,868-0.38% ₹72,7521.12%
Jun 06, 2024₹67,124-0.56% ₹72,7421.10%
Jun 05, 2024₹67,503-0.01% ₹72,7521.12%
Jun 04, 2024₹67,5081.14% ₹72,7421.10%
Jun 03, 2024₹66,744-1.38% ₹72,057-0.71%
Jun 02, 2024₹67,6810.43% ₹71,947-0.86%

Gold Rate in Different Cities / States in India

Standard Gold (22 Carat)Pure Gold (24 Carat)
City Name1 gram8 grams1 gram8 grams
Gold Rate in Ahmedabad₹6,737₹53,896₹7,166₹57,328
Gold Rate in Delhi₹6,812₹54,496₹7,254₹58,032
Gold Rate in Chandigarh₹6,804₹54,432₹7,252₹58,016
Gold Rate in Mumbai₹6,825₹54,600₹7,261₹58,088
Gold Rate in Pune₹6,776₹54,208₹7,210₹57,680
Gold Rate in Kolkata₹6,843₹54,744₹7,294₹58,352
Gold Rate in Ranchi₹6,867₹54,936₹7,319₹58,552
Gold Rate in Jaipur₹6,778₹54,224₹7,212₹57,696
View More

Gold Rate Calculator

Gold Rate in Maharashtra for 1g 24 Carat is: ₹7,171

Gold Rate Comparison 22 Carat vs 24 Carat

Gold rate for last 10 days

Date22 Carat Price24 Carat Price
Jul 01, 2024₹00.00% ₹7,1910.66%
Jul 01, 2024₹00.00% ₹7,1910.66%
Jul 01, 2024₹00.00% ₹7,1910.66%
Jun 30, 2024₹6,6220.34% ₹7,1910.66%
Jun 30, 2024₹6,6220.34% ₹7,1910.66%
Jun 30, 2024₹6,6220.34% ₹7,1910.66%
Jun 29, 2024₹6,6220.34% ₹7,1990.77%
Jun 29, 2024₹6,6220.34% ₹7,1990.77%
Jun 29, 2024₹6,6220.34% ₹7,1990.77%
Jun 28, 2024₹6,6220.34% ₹7,1990.77%
Jun 28, 2024₹6,6220.34% ₹7,1990.77%
Jun 28, 2024₹6,6220.34% ₹7,1990.77%
Jun 28, 2024₹6,6220.34% ₹7,1990.77%
Jun 28, 2024₹6,6220.34% ₹7,1990.77%
Jun 27, 2024₹00.00% ₹7,1440.16%

Top Commodities

GAINERS
LOSERS
CommodityPrice(Rs)%ChgExpiry
Copper850.455.01% 30-Sep-2024
Crude Oil6953.02.17% 19-Jul-2024
Crude Oil Mini6949.02.10% 19-Jul-2024

What makes gold prices go up/down?

Gold is often seen as a safe investment during market downturns. Factors that can cause market volatility, such as changes in the dollar index and interest rates, central bank policies, inflation concerns, trade tensions, and political uncertainty, can all affect the price of gold. Additionally, changes in the value of the rupee and changes in import tariffs can also impact the price of gold.

Month-wise gold rate trend for 22 Carat

MonthStart Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
June 24₹6,768₹6,622₹-146-2.15% ₹6,670
May 24₹6,677₹6,768₹911.36% ₹6,751
April 24₹6,364₹6,640₹2764.34% ₹6,645
March 24₹5,802₹6,199₹3976.84% ₹6,063
February 24₹5,790₹5,731₹-58-1.01% ₹5,755
January 24₹5,862₹5,809₹-52-0.89% ₹5,784
December 23₹5,796₹5,837₹410.70% ₹5,790
November 23₹5,677₹5,799₹1222.14% ₹5,663
October 23₹5,322₹5,677₹3556.66% ₹5,483
September 23₹5,493₹5,322₹-171-3.11% ₹5,462
August 23₹5,489₹5,524₹340.62% ₹5,459
July 23₹5,422₹5,505₹821.52% ₹5,474

Month-wise gold rate trend for 24 Carat

MonthStart Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
June 24₹7,277₹7,191₹-86-1.19% ₹7,234
May 24₹7,223₹7,320₹971.34% ₹7,315
April 24₹6,906₹7,210₹3044.41% ₹7,208
March 24₹6,279₹6,739₹4607.33% ₹6,568
February 24₹6,277₹6,194₹-83-1.33% ₹6,235
January 24₹6,370₹6,288₹-82-1.29% ₹6,267
December 23₹6,286₹6,330₹440.70% ₹6,269
November 23₹6,121₹6,291₹1702.78% ₹6,126
October 23₹5,776₹6,121₹3455.98% ₹5,934
September 23₹5,973₹5,776₹-197-3.30% ₹5,919
August 23₹5,965₹5,985₹200.33% ₹5,909
July 23₹5,845₹5,975₹1302.23% ₹5,931

Weekly performance of Gold rate for 22 carat in Maharashtra

Week
(Mon-Sun)
Start Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
24 Jun - 30 Jun₹6,689₹6,622₹-68-1.01% ₹6,625
17 Jun - 23 Jun₹6,702₹6,689₹-12-0.18% ₹6,681
10 Jun - 16 Jun₹6,664₹6,685₹210.32% ₹6,695
03 Jun - 09 Jun₹6,674₹6,686₹120.19% ₹6,710
27 May - 02 Jun₹6,757₹6,768₹110.16% ₹6,774
20 May - 26 May₹7,041₹6,738₹-303-4.30% ₹6,863
13 May - 19 May₹6,808₹6,952₹1442.12% ₹6,874
06 May - 12 May₹6,564₹6,695₹1312.00% ₹6,642

Weekly performance of Gold rate for 24 carat in Maharashtra

Week
(Mon-Sun)
Start Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
24 Jun - 30 Jun₹7,275₹7,199₹-76-1.04% ₹7,187
17 Jun - 23 Jun₹7,252₹7,274₹210.30% ₹7,243
10 Jun - 16 Jun₹7,202₹7,265₹630.87% ₹7,245
03 Jun - 09 Jun₹7,236₹7,261₹240.34% ₹7,273
27 May - 02 Jun₹7,317₹7,320₹30.04% ₹7,309
20 May - 26 May₹7,628₹7,324₹-304-3.99% ₹7,443
13 May - 19 May₹7,359₹7,519₹1602.17% ₹7,439
06 May - 12 May₹7,144₹7,233₹901.25% ₹7,209

Do gold rates vary with discounts?

Grey market operators often provide discounts on gold as they sell it aggressively, taking advantage of the increased margin that comes with rising bullion prices. However, these discounts can sometimes be substantial and may negatively impact dealers' margins, making it a less profitable business. Additionally, these discounts may not be directly passed on to customers and can vary between dealers.
The Economic Times