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Maharashtra's Gold Craze: Will Jalgaon's Purity & Craftsmanship Justify the Price?

As the wedding season nears, gold prices have reached a record high of over Rs 91,000 per 10 grams, with traders in Nashik and Jalgaon, Maharashtra, forecasting further price increases in the coming days.

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By Himanshu Nag
New Update
Gold Price Rush

As the wedding season approaches, the price of gold has hit an all-time high, surpassing Rs 91,000 per 10 grams, according to reports by Abhilash Botekar. Traders in Nashik and Jalgaon, Maharashtra, predict that prices will continue to rise in the coming days. Jalgaon remains a popular destination for gold buyers from Maharashtra, Gujarat, and Madhya Pradesh, owing to its renowned reputation for high-quality gold and skilled craftsmanship.

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Sushil Bafana, a Jalgaon-based jeweller, said: “The market rate for 10 gm gold on Saturday was Rs 91,052, in cluding tax. On Friday, it was Rs 91,600. The market price is responding to international developments, including the US action on trade. Even today, many people consider gold the best investment option.”

The fierce competition amongst Jalgaon jewellers benefits customers, ensuring high-quality products at competitive prices.Rajesh Bendale, who was buying jewellery for his daughter’s wedding, said price increases minimally affect buying decisions. People know the value of the metal is only going to increase further.

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As the wedding season draws near, gold prices have reached record levels, surpassing Rs 91,000 per 10 grams, according to reports by Abhilash Botekar. Traders in Nashik and Jalgaon, Maharashtra, anticipate that prices will continue to rise in the coming days. Jalgaon remains a preferred destination for gold buyers from Maharashtra, Gujarat, and Madhya Pradesh, thanks to its reputation for high-quality gold and expert craftsmanship.

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