Co-precipitation method is used to prepare Mn2Ba2GdxFe12-xO22 (0.00, 0.05, 0.10, 0.15, 0.20, and 0.25) Y-type hexaferrites. X-ray diffraction patterns reviled that prepared samples have single phase. The lattice parameters of ‘a’ and ‘c’ increases from 5.87 Å to 5.89 Å and 43.50 Å to 43.68 Å with the incorporation of Gd3+ (Gadolinium), respectively. Samples crystallite sizes were in the 88.8–201 nm range. The spectrum of FTIR explains Fe-O vibrational bands, which signifies the formation of Y-type hexaferrites. The maximum quality factor ‘Q’ value is obtained at 2 GHz. The maximum Q value at high frequency suggests the potential uses of prepared samples for multilayered chip inductors operating at high frequencies. A reduction in the values of saturation magnetization (Ms), coercivity (Hc) as well as in remanence (Mr) were observed in 32.0–10.2 emu/g, 19.30–5.41 emu/g, and 3084.60–1071.3 Oe range respectively. The decrement in the squareness ratio was also found in the range of 0.594–0.529. The values of squareness ratios greater than 0.5 specify that the prepared materials have a sole magnetic domain. Due to the high coercivity of the prepared materials, these could be used in devices that use high frequencies and perpendicular recording mediums.
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