BusinessIndia

Gold and Silver Rates Surge in Maharashtra After Recent Dip

Mumbai: After a period of decline, gold prices in the Indian bullion market witnessed a sharp rebound on Monday, March 30, 2026, delivering a fresh shock to buyers planning jewellery purchases. Silver rates also registered changes during the session, adding to the volatility in precious metals.

According to data from the Bullion Market website, the national rate for 24-carat gold stood at ₹1,46,260 per 10 grams, while 22-carat gold was priced at ₹1,34,072 for the same quantity. Silver was quoted at ₹2,27,340 per kilogram, or ₹2,273 per 10 grams.

In major cities across Maharashtra, prices aligned closely with the broader trend. In Mumbai, Pune, Nagpur, and Nashik, 22-carat gold was trading at ₹1,33,687 per 10 grams, and 24-carat gold at ₹1,45,840 per 10 grams.

These figures represent indicative rates and do not include GST, TCS, or other applicable taxes and making charges, which vary across locations. Buyers are advised to confirm exact prices with local jewellers before making purchases.

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The article noted that gold prices have remained elevated in recent days, putting significant pressure on consumers’ budgets. On Monday, a notable upward movement was observed in gold rates following the earlier dip, while silver also saw adjustments.

When purchasing gold, customers are often asked whether they prefer 22-carat or 24-carat purity. 24-carat gold is considered 99.9% pure and is rarely used for jewellery due to its softness. In contrast, 22-carat gold, which is approximately 91% pure, contains about 9% of other metals such as copper, silver, or zinc to enhance durability, making it the preferred choice for ornaments.

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