Visakhapatnam or Vizag, one of the largest cities in Andhra Pradesh, has a massive coastline throbbing with trades of several commodities, including gold. This port city offers plenty of options for gold investment, with jewellery being the traditional and most preferred manner. Gold prices keep fluctuating daily depending upon local taxes, transportation charges, domestic demand, government policies, etc. Today Gold rate in Visakhapatnam is ₹ 69,820 per 10 grams for 24 Carat and ₹ 64,000 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,982 | ₹ 0 |
8 grams
|
₹ 55,856 | ₹ 0 |
10 grams
|
₹ 69,820 | ₹ 0 |
100 grams
|
₹ 6,98,200 | ₹ 0 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,400 | ₹ 0 |
8 grams
|
₹ 51,200 | ₹ 0 |
10 grams
|
₹ 64,000 | ₹ 0 |
100 grams
|
₹ 6,40,000 | ₹ 0 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
26 July 2024
|
₹ 69,820 | ₹ 64,000 | 0% |
25 July 2024
|
₹ 69,820 | ₹ 64,000 | -1.46% |
24 July 2024
|
₹ 70,860 | ₹ 64,950 | -3.71% |
23 July 2024
|
₹ 73,580 | ₹ 67,450 | -0.37% |
22 July 2024
|
₹ 73,850 | ₹ 67,700 | -0.15% |
21 July 2024
|
₹ 73,970 | ₹ 67,800 | 0% |
19 July 2024
|
₹ 74,350 | ₹ 68,150 | -0.66% |
18 July 2024
|
₹ 74,840 | ₹ 68,600 | -0.22% |
17 July 2024
|
₹ 75,000 | ₹ 68,750 | +1.33% |
16 July 2024
|
₹ 74,020 | ₹ 67,850 | +0.52% |
15 July 2024
|
₹ 73,640 | ₹ 67,500 | 0% |
13 July 2024
|
₹ 73,750 | ₹ 67,600 | 0% |
12 July 2024
|
₹ 73,750 | ₹ 67,600 | +0.45% |
11 July 2024
|
₹ 73,420 | ₹ 67,300 | +0.30% |
10 July 2024
|
₹ 73,200 | ₹ 67,100 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st June rate | ₹ | ₹ |
30th June rate | ₹ 66,250 | ₹ 72,280 |
Highest rate in June | ₹ 67,150 on 21st June 2024 | ₹ 73,250 on 21st June 2024 |
Lowest rate in June | ₹ 65,750 on 27th June 2024 | ₹ on 1st June 2024 |
Over all performance | Falling | Falling |
% change | % | % |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ | ₹ 865 |
31st May rate | ₹ | ₹ |
Highest rate in May | ₹ on 1st January 1970 | ₹ ₹ 965 on 18th May 2024 |
Lowest rate in May | ₹ on 1st January 1970 | ₹ on 10th May 2024 |
Over all performance | Falling | Falling |
% change | -100.00% | -100.00% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ | ₹ 816 |
30th April rate | ₹ | ₹ 870 |
Highest rate in April | ₹ on 1st January 1970 | ₹ 906 on 17th April 2024 |
Lowest rate in April | ₹ on 1st January 1970 | ₹ on 7th April 2024 |
Over all performance | Rising | Rising |
% change | +6.62% | +6.62% |
Further, gold investments in Vishakhapatnam are quite easy. The city is dotted with small shops as well as lavish showrooms dealing in this precious metal.
It remains a popular investment in this South Indian city primarily because of the financial security it brings to the table. Further, it dramatically diversifies the portfolio and ensures risk-adjusted returns.
However, Vishakhapatnam hasn’t restricted its gold investments to just commodities. The city is growing a strong inclination to digital gold as well. Many here are resorting to investing in gold in the form of exchange funds, futures, or bonds.
Nevertheless, the prices keep fluctuating daily depending upon local taxes, transportation charges, domestic demand, government policies, rupee-dollar correlation, festive calendar, investment trends, and Central Bank policies.