Gold Prices in Gujarat Today (2 December 2025) – Manek Chowk, C.G. Road, Surat, Rajkot, Vadodara & Major Markets

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Gold Prices in Gujarat Today (2 December 2025) – Manek Chowk, C.G. Road, Surat, Rajkot, Vadodara & Major Markets
By CA. Darshit Malhotraa   |   Published on: 02-12-2025 | 8 min read

Gold buying is a daily habit in many parts of Gujarat, especially in Ahmedabad, Surat, Rajkot, Vadodara and Jamnagar. On 2 December 2025, gold prices across the state stayed stable, with slight variations based on location, purity, and market demand. Below is a complete city-wise and market-wise update for the most trusted gold hubs such as Manek Chowk, C.G. Road, Law Garden, Varachha Road, Ghod Dod Road, Soni Bazar, M.G. Road, Mandvi, Dhan Mandi, and Chandi Bazaar.


Today’s Gold Price in Gujarat (2 December 2025)

Overall State Trend

Gold rates across Gujarat remain influenced by international spot prices and domestic bullion market movements. Retail jewellery prices may vary due to making charges, hallmarking, and design costs.


Market-Wise Gold Prices (22K & 24K) – 2 Dec 2025

Below values are approximate bullion market rates. Jewellery showrooms may apply extra charges.

Ahmedabad – Manek Chowk (Wholesale Market)

  • 22K Gold: ₹11,960 per gram
  • 24K Gold: ₹13,048 per gram

Ahmedabad – C.G. Road / Law Garden

  • 22K Gold: ₹11,780 per gram
  • 24K Gold: ₹12,851 per gram

Surat – Varachha Road / Ghod Dod Road

  • 22K Gold: ₹11,780 per gram
  • 24K Gold: ₹12,851 per gram

Rajkot – Soni Bazar

  • 22K Gold: ₹11,573 per gram
  • 24K Gold: ₹12,625 per gram

Vadodara – M.G. Road / Mandvi

  • 22K Gold: ₹11,829 per gram
  • 24K Gold: ₹12,420 per gram

Jamnagar – Dhan Mandi / Chandi Bazaar

  • 22K Gold: ₹11,750 – ₹11,900 per gram (average)
  • 24K Gold: ₹12,820 – ₹13,000 per gram (average)

Why Gold Rates Vary Across Gujarat Markets?

Even within Gujarat, gold prices differ slightly because of:

  • Local bullion supply and wholesale demand
  • Making charges applied by jewellers
  • Type of jewellery (handmade or machine-made)
  • Hallmarking, wastage, and design complexity
  • Premium charges in branded showrooms

Wholesale markets like Manek Chowk and Soni Bazar often offer lower base rates compared to premium retail streets such as C.G. Road or Ghod Dod Road.


How to Implement Today’s Gold Rates in Tally Prime

To help jewellers, bullion traders, and accounting professionals, here is a simple way to record and use daily gold rates inside Tally Prime.


Step 1: Create a Gold Rate Ledger (Master Setup)

  1. Go to Accounts Info → Ledgers → Create
  2. Create a ledger like: Gold Rate – Gujarat (Daily)
  3. Under Inventory Values, enable:
    • “Allow Advanced GST”
    • “Use Multiple Price Levels”
  4. Add fields like:
    • City/Market
    • Purity (22K/24K)
    • Rate per gram / Rate per 10g
    • Date

This becomes your Gold Rate Master.


Step 2: Enable Multiple Price Levels

  1. Go to F11 → Inventory Features
  2. Enable: “Use Multiple Price Levels”
  3. Create levels such as:
    • Ahmedabad
    • Surat
    • Rajkot
    • Vadodara
    • Jamnagar

Now you can store different gold rates for each market.


Step 3: Create Gold as a Stock Item

  1. Go to Inventory Info → Stock Items → Create
  2. Stock Item Name: Gold 22K (repeat for 24K)
  3. Under Units, select Grams
  4. Activate GST if required
  5. In Price Levels, enter today’s rates:

Example:

  • Ahmedabad: 22K – 11,780
  • Surat: 22K – 11,780
  • Rajkot: 22K – 11,573

Step 4: Use Rates in Sales/Purchase Vouchers

When creating a sale:

  1. Go to Accounting Vouchers → Sales
  2. Select price level (e.g., Rajkot / Ahmedabad)
  3. The gold rate will automatically appear based on today's entry
  4. Add:
    • Making Charges (ledger)
    • Stone Charges (if any)
    • GST (3% on gold jewellery)

This gives you an accurate gold jewellery invoice.


Step 5: Maintain Daily Gold Rate History

Every day you can:

  1. Update the new gold rate in Price Levels
  2. Tally will maintain a date-wise history
  3. You can generate gold valuation reports anytime

This helps jewellers track:

  • Profit margins
  • Daily fluctuations
  • Purchase vs Sales analysis
  • Inventory valuation

FAQs

1. Do all jewellers in Gujarat follow the same gold rate?

No. Base bullion rates are similar, but final prices vary due to making charges and showroom premiums.

2. Are Manek Chowk and Soni Bazar cheaper than other markets?

Yes. These are wholesale jewellery clusters where rates can be slightly lower than premium urban showrooms.

3. How often should I update gold rates in Tally Prime?

Daily. Gold rates can change every few hours based on market fluctuations.

4. Can I maintain separate rates for 22K and 24K in Tally?

Yes. Create separate stock items and assign price levels for each purity.

5. How do I add making charges in invoices?

Create a Making Charges ledger under Indirect Incomes/Expenses, and add it during sales.


Final Summary

  • Gujarat’s major gold-buying markets — Manek Chowk, C.G. Road, Varachha Road, Ghod Dod Road, Soni Bazar, M.G. Road, Mandvi, Dhan Mandi, and Chandi Bazaar — show stable rates on 2 December 2025.
  • 22K gold ranges around ₹11,573 – ₹11,960 per gram, and 24K around ₹12,625 – ₹13,048 per gram.
  • Tally Prime makes it easy to store and apply daily gold rates using Price Levels, Stock Items, and a Gold Rate Master.


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