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 ₹ 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% |
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.
Advertisement
Advertisement