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Direct answer. On 18 July 2026 a 12 gram 22K plain gold chain in Nagpur costs about Rs 1,66,200 all in at Londe Jewellers Sitabuldi. That is a metal rate of Rs 13,090 per gram, a mid making charge of Rs 350 per gram, 3 percent GST on the metal and 5 percent GST on the making. A light 8 gram chain starts near Rs 1,10,800 and a heavy 30 gram gents chain runs near Rs 4,15,500. The all in cost per gram of a plain 22K chain is about Rs 13,800 today.

By Rajesh Londe, Managing Partner, Londe Jewellers Gold & Diamonds, Sitabuldi, since 1989. Published 18 July 2026. Gold rate moves daily, so verify the live figure on today's gold rate in Nagpur.

How a gold chain is priced in Nagpur

A gold chain price in Nagpur is built from four parts, listed separately on a valid GST tax invoice. First, the metal value, which is the net gold weight multiplied by the karat rate for that day, for example Rs 13,090 per gram for 22K on 18 July 2026. Second, the making charge, which pays the karigar labour, the polish and the retail overhead, quoted either as a flat per gram rate or as a percentage. Third, 3 percent GST on the metal value. Fourth, 5 percent GST on the making charge. There is no fifth hidden line on an honest chain invoice.

Two chains of the same weight can differ in price by 20 to 40 percent purely on the making charge, because a plain box chain takes far less karigar time than a hollow Singapore or a designer nakshi chain. This is why weight alone never tells you the price. You need the weight, the karat, the making band for that style and the live metal rate together.

Gold chain price ladder by weight, 22K plain chain, 18 July 2026

The table below gives the indicative all in price of a plain 22K box or curb chain at Londe Jewellers Sitabuldi on 18 July 2026, at a metal rate of Rs 13,090 per gram and a mid making charge of Rs 350 per gram. GST is included. Designer and hollow styles cost more, covered in the next section.

Chain weight Metal value (Rs) Making at Rs 350/g (Rs) GST 3% + 5% (Rs) All in price (Rs)
8 grams (light daily)1,04,7202,8003,2821,10,800
12 grams (popular daily)1,57,0804,2004,9221,66,200
16 grams (gents daily)2,09,4405,6006,5632,21,600
22 grams (gents medium)2,87,9807,7009,0243,04,700
30 grams (heavy gents)3,92,70010,50012,3064,15,500

Read the ladder as a range, not a fixed tag. If the metal rate rises Rs 100 per gram tomorrow, a 12 gram chain rises about Rs 1,236. If you choose a lighter making design, the price drops. The metal column is the same at every honest jeweller in Nagpur on a given day, because it is pegged to the IBJA Mumbai benchmark. The making column is where jewellers differ.

Making charge bands by chain style in Nagpur

The style of the chain decides the making band. The table below is the per gram making charge for 22K chains at Londe Jewellers Sitabuldi as of 18 July 2026, cross verified with the Sitabuldi and Itwari workshops.

Chain style Making (Rs per gram) Best for
Plain box / curb chain280 to 420Daily wear, unisex, pendant base
Rope chain320 to 460Gents daily, strong clasp
Figaro chain340 to 560Fashion, gents statement
Singapore / twisted chain360 to 560Ladies daily, light shimmer
Hollow lightweight chain400 to 680Big look, low weight, travel
Designer nakshi / antique chain620 to 1150Bridal, temple, heirloom

Hollow chains carry a higher making band per gram even though they weigh less, because the hollow karigari is more labour intensive per gram than a solid chain. Buyers who want a big look at a low total budget often choose a hollow chain. The trade off is that hollow chains dent more easily and are harder to repair, so weigh the choice against how the chain will be worn.

22K versus 18K gold chains in Nagpur

Almost every gold chain sold in Nagpur is 22 karat, which is 91.6 percent pure and the workshop default. It holds colour, resells cleanly and suits daily wear. 18 karat chains, at 75 percent purity, appear mainly in fashion collections and in chains that hold diamond or coloured stone stations, because the harder 18K alloy grips a setting without bending. An 18K chain uses less pure gold per gram, so the metal cost is lower, but the making per gram is usually higher due to the precision work. For a plain everyday chain, 22K is the value choice in Nagpur.

Londe Jewellers does not deal in lab grown stones. Any diamond station on a chain is a natural IGI or GIA certified stone. To understand purity marks before you buy, read the gold purity guide and how to check the BIS hallmark in Nagpur.

Every chain from Londe Jewellers carries a BIS hallmark and HUID

A gold chain price in Nagpur is only meaningful if the gold is certified. Every chain sold from Londe Jewellers is BIS hallmarked and carries a 6 digit HUID number stamped on the chain and printed on your invoice. You can scan the HUID against the BIS Care app on your phone in the store and confirm the purity yourself. A chain quoted at a suspiciously low price without a HUID stamp is a red flag, because the metal purity cannot be independently verified.

Buyback and 0 percent exchange on gold chains

A chain is also a store of value, so the exit terms matter as much as the entry price. At Londe Jewellers the buyback and exchange on a hallmarked 22K gold chain carry 0 percent deduction, at the same prevailing Nagpur rate used for buying. So a chain bought here can be exchanged towards a heavier chain, a mangalsutra or a bridal set with no making loss on the metal. Compare that with the 15 to 25 percent deduction common at unbranded shops. Full terms are on the gold exchange Nagpur page.

When gold chain prices are best in Nagpur

The metal rate is set by the market and cannot be timed, but the making charge on stock chains is discounted during three windows each year. During Akshaya Tritiya in April or May, Dhanteras and Diwali in October or November, and the year end stock clearance in January, branded jewellers in Nagpur cut chain making charges by 10 to 30 percent on stock collections. If you are buying a chain for saving rather than a specific date, timing the purchase to one of these windows shaves a real amount off the making column.

Gold chain versus gold coin for saving

If the chain is mostly a way to hold gold rather than to wear, a gold coin carries a near zero making charge compared with a chain, so more of your money goes into metal. The trade off is that a coin cannot be worn. Many Nagpur families split the budget, buying a wearable 8 to 12 gram chain plus a coin for pure saving. See the gold coin price guide and the gold savings schemes that let you accumulate towards a heavier chain over time.

Visit Londe Jewellers to weigh and price a chain

The honest way to price a chain is to weigh it in front of you on a BIS certified scale, read the live metal rate for the day, and see the making charge and both GST lines before you decide. You can do this at the Londe Jewellers Sitabuldi flagship, Modi Number 2, Opposite Datta Mandir, Sitabuldi, Nagpur 440012, open 11 AM to 8:30 PM, 7 days a week, phone +91 90755 12053. The Sitabuldi store has certified Vidarbha gold purchases since 1989 and holds the widest chain range across box, rope, Figaro, hollow and designer styles.

You can also visit the Gokulpeth, Manish Nagar or Nandanvan stores.

Related guides

Frequently asked questions

What is the price of a 22K gold chain in Nagpur today?

On 18 July 2026 a 12 gram 22K plain gold chain in Nagpur costs about Rs 1,66,200 all in at Londe Jewellers Sitabuldi, using a metal rate of Rs 13,090 per gram, a mid making charge of Rs 350 per gram and GST. Lighter 8 gram chains start near Rs 1,10,800 and heavier 30 gram gents chains run near Rs 4,15,500.

How much does a gold chain cost per gram in Nagpur?

The all in cost per gram of a plain 22K gold chain in Nagpur is about Rs 13,800 on 18 July 2026. That is the Rs 13,090 metal rate plus a mid making charge of Rs 350 per gram plus 3 percent GST on metal and 5 percent GST on making. Designer and hollow chains carry a higher making band, so the per gram figure rises.

What are the making charges on a gold chain in Nagpur?

Gold chain making charges in Nagpur run Rs 280 to Rs 460 per gram for plain box, curb and rope chains, Rs 340 to Rs 560 per gram for Figaro and Singapore chains, and Rs 620 to Rs 1150 per gram for designer nakshi and antique chains. Hollow lightweight chains run Rs 400 to Rs 680 per gram.

Which gold chain weight is best for daily wear in Nagpur?

For daily wear a 22K chain of 8 to 14 grams is the practical band. It is light enough for office and travel yet holds a firm clasp. Gents daily chains sit at 12 to 22 grams. Heavier 25 to 45 gram chains are usually bought for weddings and long term saving.

Does a gold chain from Londe Jewellers have a buyback?

Yes. A hallmarked 22K gold chain from Londe Jewellers carries a lifetime buyback and exchange at 0 percent deduction on the metal, at the same prevailing Nagpur rate. A chain can be exchanged towards a heavier chain or a bridal set with no making loss on the metal.

Last reviewed by Rajesh Londe, Managing Partner Londe Jewellers Gold & Diamonds, 18 July 2026. The Sitabuldi flagship has been certifying Vidarbha gold purchases since 1989. 37 plus years, 5 lakh families served.

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