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Gold Rate Today on 17 December 2025 in Udaipur, Rajasthan (Bapu Bazaar, Surajpole, Hiran Magri & Chetak Circle Areas)

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Gold Rate Today on 17 December 2025 in Udaipur, Rajasthan (Bapu Bazaar, Surajpole, Hiran Magri & Chetak Circle Areas)
By CA. Darshit Malhotraa   |   Published on: 17-12-2025 | 6 min read

Gold prices have drawn significant attention in Udaipur on 17 December 2025, especially among buyers and traders in Bapu Bazaar, Surajpole, Hiran Magri, and Chetak Circle. Many people are noticing higher-than-usual gold price figures while searching online, leading to confusion about the actual market rate in Udaipur’s jewellery markets.

This article clearly explains today’s gold rate in Udaipur, the reason behind higher reference prices, and the difference between international reference values and local jewellery market rates—in a simple and transparent manner.


Gold Rate Today in Udaipur – 17 December 2025 (Reference Values)

Gold Price (₹ per 10 grams)

Purity

Rate

24 Carat Gold

~₹133,900

22 Carat Gold

~₹122,740

These figures represent global reference values derived from international bullion markets and currency conversion methods.
They are not the final selling prices used by local jewellers in Udaipur.


Why Gold Rate Appears High on 17 December 2025

The higher gold rate seen today is due to the following factors:

  • Gold prices are first quoted in international bullion markets
  • Rates are calculated using price per troy ounce
  • Currency conversion to Indian Rupees increases the value
  • Import duties, global demand, and investment activity add to the price

Once these values are converted to a per-10-gram reference, the rate appears significantly higher than what is normally quoted in local jewellery markets.


Gold Buying Reality in Udaipur Jewellery Markets

Jewellery markets in Udaipur operate differently from international bullion references.

Bapu Bazaar

  • Traditional and trusted jewellery hub
  • Gold pricing follows local bullion opening rates
  • Making charges and purity checks applied separately

Surajpole

  • Known for bridal and heritage jewellery
  • Retail-focused pricing with hallmark assurance
  • Rates aligned with local bullion prices

Hiran Magri

  • Residential jewellery demand area
  • Lightweight and daily-wear gold preferred
  • Customer-centric pricing

Chetak Circle

  • Premium jewellery showrooms
  • Transparent billing and certified purity
  • Prices linked to local bullion market

Difference Between Reference Gold Rate and Local Udaipur Rate

Aspect

Reference Rate

Local Market Rate

Source

International bullion

Local bullion market

Purpose

Trend & investment

Jewellery buying

Used for billing

❌ No

✅ Yes

Used for GST

❌ No

✅ Yes

Used in accounting

❌ No

✅ Yes

Local jewellers in Udaipur do not sell gold at international reference prices.


Which Gold Rate Should Buyers Trust in Udaipur?

For anyone purchasing gold in:

  • Bapu Bazaar
  • Surajpole
  • Hiran Magri
  • Chetak Circle

The correct gold rate is:

  • The daily rate displayed by the jeweller
  • Based on local bullion market opening
  • Exclusive of making charges and GST

Impact of Today’s Gold Rate on Buyers

  • Jewellery prices remain market-driven, not reference-driven
  • Buyers should compare purity, weight, and making charges
  • Higher reference prices indicate strong global demand, not higher shop prices

Disclaimer

Gold prices mentioned above represent reference values for 17 December 2025 based on global bullion trends. Actual gold prices in Bapu Bazaar, Surajpole, Hiran Magri, and Chetak Circle, Udaipur may vary depending on purity, making charges, GST, and individual jeweller pricing policies.

 


Conclusion

On 17 December 2025, the gold rate appearing online reflects global market strength, not local jewellery selling prices. Buyers and traders in Udaipur should always rely on local jeweller rates for purchases, while using reference prices only to understand broader market trends.

This approach ensures clarity, transparency, and informed decision-making.

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Frequently Asked Questions

Is gold really selling at ₹1.3 lakh per 10 grams in Udaipur today?

No. This is a reference value. Actual jewellery prices in Udaipur are significantly lower.

Why do online gold rates differ from jeweller prices?

Online rates reflect international bullion values, while jewellers follow local bullion market pricing.

Which Udaipur market offers the best gold prices?

Prices are largely similar across Bapu Bazaar, Surajpole, Hiran Magri, and Chetak Circle. Differences mainly arise due to making charges.

Are these rates applicable for jewellery billing?

No. Jewellery billing is based on local bullion rates, not reference values.

Should buyers check multiple shops before purchasing?

Yes. Comparing purity, weight, making charges, and buy-back policies is always recommended.

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