Vijayawada, one of the most culturally vibrant cities in India, holds a special interest in gold. This ancient land is home to many skilled artisans who present before the world a myriad of intricate patterns and designs on gold ornaments, especially temple jewellery. Gold prices here depend on local taxes, transportation charges, domestic demand, government policies, etc. Today Gold rate in Vijayawada is ₹ 63,820 per 10 grams for 24 Carat and ₹ 58,500 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,382 | - ₹ 27 |
8 grams
|
₹ 51,056 | - ₹ 216 |
10 grams
|
₹ 63,820 | - ₹ 270 |
100 grams
|
₹ 6,38,200 | - ₹ 2,700 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 5,850 | - ₹ 25 |
8 grams
|
₹ 46,800 | - ₹ 200 |
10 grams
|
₹ 58,500 | - ₹ 250 |
100 grams
|
₹ 5,85,000 | - ₹ 2,500 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
03 January 2024
|
₹ 63,820 | ₹ 58,500 | -0.43% |
02 January 2024
|
₹ 64,090 | ₹ 58,750 | +0.34% |
01 January 2024
|
₹ 63,870 | ₹ 58,550 | 0% |
31 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
30 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
29 December 2023
|
₹ 63,870 | ₹ 58,550 | -0.59% |
28 December 2023
|
₹ 64,250 | ₹ 58,900 | +0.68% |
27 December 2023
|
₹ 63,820 | ₹ 58,500 | +0.17% |
26 December 2023
|
₹ 63,710 | ₹ 58,400 | +0.34% |
25 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
24 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
23 December 2023
|
₹ 63,490 | ₹ 58,200 | +0.34% |
22 December 2023
|
₹ 63,230 | ₹ 58,000 | +0.43% |
21 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
20 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ | ₹ 762 |
31st March rate | ₹ | ₹ 810 |
Highest rate in March | ₹ on 1st January 1970 | ₹ 816 on 22nd March 2024 |
Lowest rate in March | ₹ on 1st January 1970 | ₹ 757 on 1st March 2024 |
Over all performance | Rising | Rising |
% change | +6.30% | +6.30% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st February rate | ₹ | ₹ 778 |
29th February rate | ₹ | ₹ 757 |
Highest rate in February | ₹ on 1st January 1970 | ₹ 780 on 1st February 2024 |
Lowest rate in February | ₹ on 1st January 1970 | ₹ on 4th February 2024 |
Over all performance | Falling | Falling |
% change | -2.70% | -2.70% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st January rate | ₹ | ₹ 800 |
31st January rate | ₹ | ₹ 780 |
Highest rate in January | ₹ 58,750 on 2nd January 2024 | ₹ 64,090 on 2nd January 2024 |
Lowest rate in January | ₹ 58,500 on 3rd January 2024 | ₹ on 4th January 2024 |
Over all performance | Falling | Falling |
% change | -2.50% | -2.50% |
Besides festivities and religious ceremonies, people also invest heavily in gold during weddings, especially in the form of bridal jewellery. Some also prefer to gift gold coins, bars, and bullions during the same.
With an increase in population, this demand has only risen. As per the experts, the demand for gold almost never ceases to exist in Vijaywada, even during economic dips.
Being an important port town, local taxes and transportation charges play an important role in determining gold prices. Other generic factors include making charges, demand-supply, government policies, and interest rates trends.
Among the international factors are fluctuating currency valuation, global trade policies, and global gold prices.
This industrial hub has also grown a soft corner for investment tools such as digital gold, Exchange Trade Funds, gold sovereign bonds, gold futures, and gold mutual funds. These tools ensure invested gold of high purity levels and secured storage arrangements.
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