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24K Gold ₹15,115 — 0.00% |
22K Gold ₹13,845 — 0.00% |
18K Gold ₹11,348 — 0.00% |
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Platinum ₹6,228 — 0.00% |
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Gold Rate in Morshi Today

Morshi, Amravati, Maharashtra

Updated Today

Morshi Gold Rates

Today's prices · 08 May 2026

22K Gold (916) ↓ ₹0
₹13,638.44
per gram
10 grams ₹136,384
100 grams ₹1,363,844
Yesterday ₹13,780.04
24K Gold (999)
₹14,889.14
per gram
10 grams ₹148,891
100 grams ₹1,488,914
Yesterday ₹15,043.64
18K Gold (750)
₹11,178.05
per gram
10 grams ₹111,781
Silver (999)
₹236.54
per gram
100 grams ₹23,654

Gold Rate by Weight in Morshi

Today · 08 May 2026

Weight 24K (999) 22K ★ (916) 18K (750)
1 gram ₹14,889 ₹13,638 ₹11,178
2 grams ₹29,778 ₹27,277 ₹22,356
4 grams ₹59,557 ₹54,554 ₹44,712
5 grams ₹74,446 ₹68,192 ₹55,890
8 grams ₹119,113 ₹109,108 ₹89,424
10 grams ₹148,891 ₹136,384 ₹111,781
1 Tola (11.664 g) ₹173,664 ₹159,076 ₹130,379
20 grams ₹297,783 ₹272,769 ₹223,561
50 grams ₹744,457 ₹681,922 ₹558,903
1 Troy oz (31.1 g) ₹463,104 ₹424,203 ₹347,676
100 grams ₹1,488,914 ₹1,363,844 ₹1,117,805
1 kg ₹14,889,140 ₹13,638,440 ₹11,178,050
★ 22K (916 Hallmark) is the standard for jewellery in India. Prices are metal value only — making charges, GST (3%), and hallmarking fee are additional.

Gold Price Calculator — Morshi

Calculate gold value by weight at today's local rate

₹
Estimated Gold Value

* Metal value only. Add making charges (₹200–₹800/g), 3% GST, and hallmarking fee for total purchase cost.

10-Day Gold Rate History — Morshi

22K & 24K daily rates

Date 24K / gram 22K / gram 22K / 10g
29 Apr 2026 Today ₹14,889.14 ₹13,638.44 ₹136,384
11 Apr 2026 ₹15,043.64 ₹13,780.04 ₹137,800
06 Apr 2026 ₹14,669.55 ₹13,437.33 ₹134,373
08 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
07 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
06 Mar 2026 ₹15,875.10 ₹14,541.60 ₹145,416
05 Mar 2026 ₹16,058.60 ₹14,709.70 ₹147,097
04 Mar 2026 ₹16,254.80 ₹14,889.40 ₹148,894
03 Mar 2026 ₹16,747.10 ₹15,340.30 ₹153,403
02 Mar 2026 ₹16,747.10 ₹15,340.30 ₹153,403

Monthly Gold Rate Summary — Morshi

22K highest and lowest price each month

Apr 2026
High
₹13,780
Low
₹13,437
Mar 2026
High
₹15,340
Low
₹14,542
Feb 2026
High
₹14,587
Low
₹13,621

30-Day Gold Price Trend

22K gold rate movement in Morshi

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About Gold Rate in Morshi

Gold rate in Morshi, Amravati, Maharashtra today is ₹13,638.44 per gram for 22K (916 Hallmark) gold and ₹14,889.14 per gram for 24K (999) gold. These rates are updated daily based on the official IBJA (India Bullion and Jewellers Association) rate, adjusted for local market conditions in Morshi.

The price of gold in Morshi may vary slightly from the national IBJA rate due to transportation costs from the nearest wholesale gold hub, local taxes, and jeweller margins. The actual price you pay at a jewellery store will be higher — jewellers add making charges (typically ₹200–₹800 per gram), 3% GST on the total, and a hallmarking fee of ₹45 per piece.

22K gold (916 hallmark) is the most popular choice for jewellery purchases in India including Morshi because it is durable and affordable. 24K gold (999 purity) is preferred for investment in coins and bars as it has no alloy content. 18K gold is used for lightweight, modern jewellery designs.

JewellersInCity is building the most complete directory of jewellers in Amravati district. If you own or know a jewellery store in Morshi, list it free to reach thousands of local buyers.

Frequently Asked Questions

Gold rate in Morshi — common queries answered

Today's gold rate in Morshi, Amravati is ₹13,638.44/gram for 22K (916 Hallmark) and ₹14,889.14/gram for 24K (999 purity). These rates are as of 08 May 2026.
10 grams of 22K gold in Morshi costs ₹136,384 today. 10 grams of 24K gold costs ₹148,891. Note: actual purchase price will include making charges and 3% GST.
1 Tola equals 11.664 grams. At today's rate, 1 Tola of 22K gold in Morshi costs ₹159,076 and 1 Tola of 24K gold costs ₹173,664.
1 Sovereign equals 8 grams. Today's price for 1 sovereign of 22K gold in Morshi is ₹109,108.
The IBJA (India Bullion and Jewellers Association) publishes a national benchmark rate. Local rates in Morshi vary by ₹1–₹15 per gram due to transportation costs from the nearest wholesale gold market, local demand, and supply chain logistics. Cities near wholesale hubs like Mumbai, Delhi, or Ahmedabad tend to have rates closer to the national benchmark.
22K gold (916 hallmark) is ideal for jewellery as it is more durable due to alloy content, and is the most common purity in Indian jewellery stores. 24K gold (999) is best for investment — coins and bars — because it has no alloy and retains value better. For daily-wear jewellery, 22K is the practical choice.
100 grams of 22K gold in Morshi costs ₹1,363,844 today. 100 grams of 24K gold costs ₹1,488,914. These are metal values only; buying cost will be higher.
The gold rate across Amravati district follows the same base IBJA rate with minor tehsil-level adjustments. For the exact Amravati district rate, visit the Amravati gold rate page. Morshi is one of the tehsils within Amravati district.

Morshi Stats

0
Total Jewellers

Today vs Yesterday

22K Today ₹13,638.44
22K Yesterday ₹13,780.04
Change ₹-141.60

Nearby Tehsils

Achalpur
Amravati
Anjangaon Surji
Bhatkuli
Chandurbazar

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National Rate
India IBJA Rate
Disclaimer

Rates shown are indicative. Actual prices include making charges, GST and vary by jeweller.

Morshi vs National Gold Rate Today

How the local rate is built up from the IBJA benchmark

Morshi
₹13,638
per gram · 22K
Adjusted
Amravati Dist.
—
per gram · 22K
Maharashtra
—
per gram · 22K
India (IBJA)
₹13,845
per gram · 22K
Morshi: ₹207
Nearest gold hub: Hyderabad (443 km)
Location premium: +₹10.04/g vs IBJA

Gold Rate FAQ — Morshi

Common questions about gold pricing in Morshi

What is today's gold rate in Morshi?
Today's 22K (916 hallmark) gold rate in Morshi is ₹13,638 per gram. The 24K (999 purity) rate is ₹14,889/gram and 18K (750) is ₹11,178/gram. This rate is computed from the IBJA national benchmark adjusted for Morshi's distance from Hyderabad (443 km).
Why does gold cost less in Morshi than the national rate?
Gold is physically transported from major bullion hubs (Mumbai, Delhi, Chennai, Kolkata, Ahmedabad, Hyderabad, Jaipur, Surat) to retail outlets across India. Morshi is 443 km from the nearest hub (Hyderabad), so jewellers add a small location premium to cover transport, insurance, and local handling. The current location premium for Morshi is +₹10.04 per gram over the IBJA benchmark. State-level taxes and association-set retail prices also create small variations between cities.
When is the best time to buy gold in Morshi?
Two strategies — astrological and economic — guide gold buying in India. Astrologically, the next auspicious muhurat for Morshi is Akshaya Tritiya on Sunday, 9 May 2027 (365 days away), with the local window between 05:56 – 13:17. Economically, IBJA publishes rates twice daily (AM and PM) — afternoon rates often differ from morning by ₹20–₹100/g. Avoid buying during festival peaks (Akshaya Tritiya, Dhanteras) when rates spike from demand. Gold tends to soften in March-April after wedding season ends and again in September before Navratri starts.
What are the GST and other taxes on gold in Morshi?
Two GST components apply to every gold jewellery purchase across India, including Morshi: 3% GST on the gold value (weight × today's rate) and 5% GST on the making charges. A typical 10-gram 22K piece at today's rate of ₹13,638/g works out to: gold ₹136,384 + making charges (typically 8–14% in Maharashtra) + 3% GST on gold + 5% GST on making. Since June 2021, hallmarking adds no extra cost — every BIS-certified piece must include the HUID stamp at no charge. Always insist on a GST-compliant tax invoice; without one, the purchase isn't legally protected and resale value drops.
How often do gold rates change in Morshi?
The India Bullion and Jewellers Association (IBJA) publishes official benchmark rates twice every working day — once in the morning and once in the afternoon. Most jewellers in Morshi update their counter rates with the AM IBJA rate and hold it through the day. International gold prices in London or Comex can shift the IBJA AM-vs-PM by ₹50–₹200 per gram on volatile days. On weekends and bank holidays no fresh rate is published, so Friday's evening rate carries through to Monday morning. For Morshi, the local rate also includes the location premium of +₹10.04/g — this stays stable for weeks unless the nearest hub's transport costs change.

Rate Tools — Morshi

Calculate, verify and convert gold values

Today's All-In Price (per 10g)

Final out-of-pocket price for 10 grams in Morshi including local making charges and GST:

Gold (22K, 10g) ₹136,384
Making @ 12% ₹16,366
GST (3% gold + 5% making) ₹4,910
Final price ₹157,660

Estimate only — your jeweller's actual making rate may differ. Always ask for an itemised bill.

Old Gold Exchange Rate

Today's likely buy-back rate per gram at Morshi jewellers (before wastage and assay deductions):

22K (916) hallmarked ~₹13,093/g
18K (750) hallmarked ~₹10,723/g
14K (585) hallmarked ~₹8,366/g

Formula: today's 22K × purity factor × (1 − wastage). Most Morshi jewellers deduct 2–8% as wastage. Non-hallmarked gold gets assayed first, often reducing the rate further.

HUID Verification

Every gold piece sold in Morshi after June 2021 must carry a six-digit HUID. To verify any bill or piece:

  1. Download BIS Care app (Play Store / App Store, free)
  2. Tap "Verify HUID" inside the app
  3. Enter the six-digit code stamped on your jewellery
  4. Match jeweller name + purity + hallmarking date with your bill

If the BIS Care result differs from the jeweller you bought from, refuse the piece and report to BIS at 1800-11-4000.

About Morshi

Amravati, Maharashtra

Morshi is a tehsil in Amravati district, Maharashtra. The nearest major gold trading hub is Hyderabad, approximately 443 km away, which results in local gold rates running about ₹10.04/g above the IBJA national benchmark. Morshi uses STD code 04006.

STD Code
04006
Nearest Gold Hub
Hyderabad · 443 km
Coordinates
21.3397°N, 78.0101°E
Gold Price Adjustment
+₹10.04/gram vs national

Upcoming Gold-Buying Muhurats — Morshi

Auspicious dates with local timing (-18 min vs IST)

Akshaya Tritiya

365 days away

Sunday, 9 May 2027

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Morshi window
05:56 – 13:17
IST: 06:14 – 13:35 IST

Akshaya Tritiya

719 days away

Thursday, 27 April 2028

The single most auspicious day of the Hindu calendar to buy gold. Wealth purchased today is believed to grow continuously.

Morshi window
05:36 – 12:06
IST: 05:54 – 12:24 IST

Dhanteras

183 days away

Saturday, 7 November 2026

The first day of Diwali — when buying gold, silver and utensils invokes Goddess Lakshmi's blessings. Largest single-day gold buying event in India.

Morshi window
17:11 – 19:06
IST: 17:29 – 19:24 IST
Why timings differ from IST: Vedic muhurats are computed from local sunrise — so Morshi's longitude shifts the auspicious window by roughly 18 minutes from the standard IST muhurat. Morshi jewellers traditionally honour these local windows during festival sales.

Maharashtra Jewellery Market

State-level buying context for Morshi shoppers

Tradition & Style

Famous for Kolhapuri saaj, Thushi necklaces, and Puranpoli jewellery styles. Mumbai's Zaveri Bazaar sets the national benchmark for diamond jewellery pricing.

Typical Making Charges

8–14%

of gold value in Maharashtra

Preferred Purity

22K BIS-hallmarked

Peak Buying Seasons

Akshaya Tritiya (Apr–May), Diwali (Oct–Nov), wedding season (Nov–Feb)

Major Gold Markets in Maharashtra

Mumbai Pune Nashik Nagpur

BIS adoption: High — Maharashtra has one of India's highest BIS hallmark compliance rates among urban jewellers.