Direct answer. On 24 July 2026 a 12 gram 22K plain gold necklace in Nagpur carried a gold value of Rs 1,62,120 at a metal rate of Rs 13,510 per gram. At Londe Jewellers Sitabuldi the making charge starts from 5 percent and depends on the design, and 3 percent GST applies on the total invoice value. A light 8 gram daily necklace carries Rs 1,08,080 in gold value and a 50 gram bridal necklace set Rs 6,75,500.
By Rajesh Londe, Managing Partner, Londe Jewellers Gold & Diamonds, Sitabuldi, since 1989. Published 24 July 2026. Gold rate moves daily, so verify the live figure on today's gold rate in Nagpur.
A gold necklace price in Nagpur is built from three 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 13,510 per gram for 22K on 24 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 total of metal value plus making charge, because a finished piece is a composite supply. There is no fourth hidden line on an honest necklace invoice.
Necklaces carry a wider making band than plain chains, because a thushi cluster, a rani haar or a temple set involves far more karigar hours per gram than a simple box chain. Two necklaces of the same weight can differ in price by 30 to 60 percent purely on the making charge and the design. 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.
The table below gives the gold value of a plain 22K daily necklace on 24 July 2026, at a metal rate of Rs 13,510 per gram. At Londe Jewellers Sitabuldi making charges start from 5 percent and depend on the design, confirmed in store, and 3 percent GST applies on the total invoice value. Thushi, rani haar, temple and bridal styles carry more karigar work, covered in the next section.
| Necklace weight | Metal value (Rs) | Making charge |
|---|---|---|
| 8 grams (light daily) | 1,08,080 | From 5%, by design |
| 12 grams (popular daily) | 1,62,120 | From 5%, by design |
| 18 grams (festive) | 2,43,180 | From 5%, by design |
| 25 grams (short bridal) | 3,37,750 | From 5%, by design |
| 40 grams (bridal set) | 5,40,400 | From 5%, by design |
| 50 grams (heavy bridal set) | 6,75,500 | From 5%, by design |
Read the ladder as a range, not a fixed tag. If the metal rate rises Rs 100 per gram tomorrow, a 12 gram necklace rises about Rs 1,236. If you choose a lighter design or a plain collar, 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.
The style of the necklace decides how much karigar work goes into it. At Londe Jewellers making charges on 22K necklaces start from 5 percent and depend on the design and the product, confirmed in store.
| Necklace style | Making charge | Best for |
|---|---|---|
| Plain collar / lightweight daily necklace | From 5%, by design | Daily wear, office, gifting |
| Mohanmala / long layered necklace | From 5%, by design | Festive, saree, statement |
| Rani haar (long bridal haar) | From 5%, by design | Wedding, heirloom |
| Thushi (beaded cluster) | From 5%, by design | Maharashtrian bride, festive |
| Kolhapuri saaj | From 5%, by design | Traditional Maharashtrian bride |
| Temple / nakshi / antique set | From 5%, by design | Bridal, temple jewellery lovers |
Thushi and temple necklaces carry a higher making band per gram because the beadwork and the nakshi carving are labour intensive. A bride who wants a heavy traditional look budgets for both the metal and the higher making. A buyer who wants an everyday necklace at a lower total budget picks a plain collar or a light mohanmala, where the making band is far lower.
Vidarbha and wider Maharashtra have a rich necklace vocabulary that goes far beyond a plain chain. The thushi is a snug choker of tightly clustered gold beads, worn high on the neck, a signature of the Maharashtrian bride. The kolhapuri saaj is a long traditional necklace of leaf shaped and jav bead motifs ending in a pendant, one of the most recognised bridal pieces in the region. The mohanmala is a long layered bead chain worn over a saree, and the chinchpeti and bormaal are shorter traditional forms. Each carries its own making band because of the beadwork and the karigari. Read the dedicated thushi necklace guide and the kolhapuri saaj guide for weight and style detail on each.
Almost every gold necklace sold in Nagpur is 22 karat, which is 91.6 percent pure and the workshop default. It holds colour, resells cleanly and suits both daily and bridal wear. 18 karat necklaces, at 75 percent purity, appear mainly in fashion collections and in necklaces that hold diamond or coloured stone stations, because the harder 18K alloy grips a setting without bending. An 18K necklace 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 traditional or bridal necklace, 22K is the value choice in Nagpur. To understand purity marks before you buy, read the gold purity guide and how to check the BIS hallmark in Nagpur.
Londe Jewellers does not deal in lab grown stones. Any diamond station on a necklace is a natural IGI or GIA certified stone.
A gold necklace price in Nagpur is only meaningful if the gold is certified. Every necklace sold from Londe Jewellers is BIS hallmarked and carries a 6 digit HUID number stamped on the clasp 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 necklace quoted at a suspiciously low price without a HUID stamp is a red flag, because the metal purity cannot be independently verified.
A necklace 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 necklace carry 0 percent deduction, at the same prevailing Nagpur rate used for buying. So a necklace bought here can be exchanged towards a heavier set, a bridal collection or a mangalsutra 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.
Gold prices are high in 2026, so many Nagpur families choose a lightweight design that gives a big look at a lower total weight. A hollow or lightweight collar necklace can look substantial at 8 to 12 grams, keeping the total under Rs 1,75,000 while still being 22K BIS hallmarked. Pairing a lightweight necklace with a 0 percent gold exchange of old pieces brings the out of pocket cost down further, since the old metal is valued at the same rate with no deduction. This is the practical route for a festive or gifting necklace that does not need the weight of a bridal set.
The honest way to price a necklace 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 the GST line before you decide. You can do this at the Londe Jewellers Sitabuldi, 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 carries necklaces across daily, thushi, kolhapuri saaj, rani haar, temple and bridal sets.
For diamond and natural certified stone necklaces, the Gokulpeth showroom on Gokulpeth Bazar Road carries diamond necklaces for west Nagpur. You can also visit the Manish Nagar or Nandanvan stores.
On 24 July 2026 a 12 gram 22K plain gold necklace in Nagpur carried a gold value of Rs 1,62,120 at a metal rate of Rs 13,510 per gram. At Londe Jewellers Sitabuldi the making charge starts from 5 percent and depends on the design, and 3 percent GST applies on the total invoice value. A light 8 gram daily necklace carries Rs 1,08,080 in gold value and a 50 gram bridal necklace set Rs 6,75,500.
The metal cost per gram of 22K gold in Nagpur was Rs 13,510 on 24 July 2026. On top of that sits the making charge, which at Londe Jewellers starts from 5 percent and depends on the design, plus 3 percent GST on the total invoice value. Thushi, rani haar, temple and bridal necklace sets carry more karigar work, so the per gram figure rises.
At Londe Jewellers making charges on 22K gold necklaces start from 5 percent and depend on the design and the product. A plain or lightweight daily necklace needs less karigar work than a rani haar or long layered necklace, and thushi beadwork, temple, nakshi and antique bridal sets are the most labour heavy. The making charge is printed as its own line on every invoice.
A bridal gold necklace set in Nagpur, meaning a necklace with matching earrings in the 40 to 60 gram range, carried a gold value of Rs 5,40,400 for a 40 gram set and Rs 6,75,500 for a 50 gram set on 24 July 2026, at a metal rate of Rs 13,510 per gram. At Londe Jewellers the making charge starts from 5 percent and depends on the design, and 3 percent GST applies on the total invoice value. Temple and antique designs with heavy nakshi work cost more. All four Londe Jewellers showrooms carry the bridal necklace range.
Yes. A hallmarked 22K gold necklace from Londe Jewellers carries a lifetime exchange at 0 percent deduction on the metal, at the same prevailing Nagpur rate, and buyback as published in our Exchange Policy. A necklace can be exchanged towards a heavier set or a bridal collection with no making loss on the metal.
Last reviewed by Rajesh Londe, Managing Partner Londe Jewellers Gold & Diamonds, 24 July 2026. The Sitabuldi store has been certifying Vidarbha gold purchases since 1989. 37 plus years, 5 lakh families served.
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