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Brinks Report > Blog > Today > Gold price > Nashik & Jalgaon Seeing historic gold price hikes before wedding season! What’s Next for Investors?
Gold price

Nashik & Jalgaon Seeing historic gold price hikes before wedding season! What’s Next for Investors?

Ankita Das
Last updated: March 16, 2025 10:38 am
Ankita Das
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Gold prices in nashik & jalgaon hit record ₹91,000 per 10g
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Gold prices in Nashik and Jalgaon have hit an all-time high, reaching ₹91,000 per 10 grams. With the wedding season approaching, this rise in prices is a hot topic among buyers and sellers. But why are gold prices going up, and how does it affect you?

Contents
Why Are Gold Prices Increasing?Gold Rush in Nashik and Jalgaon

Also read: Decoding Gold Loans: Interest Rates, Process & FAQs

Trulli

Why Are Gold Prices Increasing?

Gold prices have surged due to several reasons:

  • Global Market Changes: Uncertainty in the world economy, political issues, and a weaker US dollar have led investors to buy gold as a safe investment.

  • High Demand, Low Supply: With wedding season around the corner, more people want to buy gold, but there’s limited supply, pushing prices up.

  • Inflation: As prices of goods increase, people turn to gold as a safe way to store their money. Indians have always considered gold a good investment, and this trend continues.

Gold Rush in Nashik and Jalgaon

These two cities are famous for their high-quality gold and beautiful jewelry designs, attracting buyers from Maharashtra and nearby states like Gujarat and Madhya Pradesh. Here’s why:

  • Trusted Quality: The gold sold here is known for its purity and durability.

  • Beautiful Designs: Local artisans create stunning traditional and modern jewelry for all occasions.

  • Cultural Importance: Gold is a symbol of prosperity in Indian culture, especially during weddings. Despite the high prices, families are still buying gold for their special events.

Read more: Gold Rates in Delhi Jump Again! Don’t Miss These Latest Updates!

Gold as a Smart Investment

Gold is not just for weddings; it’s also a great long-term investment because:

  • It Holds Emotional & Cultural Value: Gold is essential in Indian traditions, from weddings to festivals.

  • Protects Against Inflation: Gold remains valuable even when the cost of other things rises.

  • Easy to Sell: You can quickly convert gold into cash when needed.

Despite high prices, gold remains a valuable investment and an important part of Indian culture. Whether for a wedding or savings, it continues to shine as a symbol of wealth and security.

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TAGGED:GoldInvestmentGoldJewelryGoldPricesJalgaonGoldNashikGoldWeddingSeason
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