Vizag or Visakhapatnam is one of the largest cities in the State of Andhra Pradesh, India. It has huge coastline trades of many commodities including Gold. MoneyTells provides today gold rate in Visakhapatnam to our readers. Gold is a big investment in Vizag. People are buying Gold in Visakhapatnam for traditional and future investment as well. Gold price in Visakhapatnam is fluctuating everyday based on some important factors like transportation charges, domestic demand, taxes and government policies. You will find accurate gold price today in Vizag below.
Today Gold Rate in Visakhapatnam 10 May 2022
Today Gold Price in Visakhapatnam
Find below gold price of 22 Carat and 24 Carat in Visakhapatnam.
Compare 22K & 24K Gold Rate In Visakhapatnam (Today & Yesterday)
|Standard Gold (22 K) ( 1 gram )||₹ 4,873||₹ 4,877||₹ -4 ↓|
|Standard Gold (22 K) ( 8 grams )||₹ 38,984||₹ 39,016||₹ -32 ↓|
|Pure Gold (24 K) ( 1 gram )||₹ 5,117||₹ 5,121||₹ -4 ↓|
|Pure Gold (24 K) ( 8 grams )||₹ 40,936||₹ 40,968||₹ -32 ↓|
Gold Price Today in Vizag
Daily Gold Rates in Vizag
|Date||Standard Gold (22 K)||Pure Gold (24 K)|
|1 gram||8 grams||1 gram||8 grams|
|09 May 2022||₹ 4,873||₹ 38,984||₹ 5,117||₹ 40,936|
|08 May 2022||₹ 4,877||₹ 39,016||₹ 5,121||₹ 40,968|
|07 May 2022||₹ 4,877||₹ 39,016||₹ 5,121||₹ 40,968|
|06 May 2022||₹ 4,841||₹ 38,728||₹ 5,083||₹ 40,664|
|05 May 2022||₹ 4,864||₹ 38,912||₹ 5,107||₹ 40,856|
|04 May 2022||₹ 4,810||₹ 38,480||₹ 5,051||₹ 40,408|
|03 May 2022||₹ 4,841||₹ 38,728||₹ 5,083||₹ 40,664|
|02 May 2022||₹ 4,855||₹ 38,840||₹ 5,098||₹ 40,784|
|01 May 2022||₹ 4,903||₹ 39,224||₹ 5,148||₹ 41,184|
|30 Apr 2022||₹ 4,903||₹ 39,224||₹ 5,148||₹ 41,184|
Today Gold Rate in Visakhapatnam 22K
If you are looking for Today’s gold rate in Visakhapatnam for 22K then you can find the same here.
Today’s Gold Rate in Visakhapatnam 24K
If you are looking for Today’s gold rate in Visakhapatnam for 24K then you can find the same here.
Today Gold Price in Vizak 18K
If you are looking for Today’s gold rate in Visakhapatnam for 18K then you can find the same here.
Today Gold Rate in Visakhapatnam 916 KDM
You will find Today gold rate in Visakhapatnam for 916 KDM here.
Today Gold Rate in Visakhapatnam GRT Jewellery
Here is grt gold rate today in Visakhapatnam. GRT jewellery is one of the popular jewellery shop in Visakhapatnam city.
Today Gold Rate in Visakhapatnam Lalitha Jewellery
Are you looking for today’s gold rate in Visakhapatnam lalitha jewellery? Here is the details:
Today Gold Rate in Khazana Jewellery Visakhapatnam
Khazana Jewellery is one of the famous jewellery in Visakhapatnam. Here you will find the Gold rate in Visakhapatnam Khazana jewellers.
Things to follow before buying Gold in Visakhapatnam.
In India, Visakhapatnam is one the most sought-after places to purchase gold. If you would like to know gold rate today in Visakhapatnam then you would need to know some important information on buying gold in Visakhapatnam.
22K Gold Rate in Visakhapatnam Bazaar
Be aware of Gold Price Charges at Visakhapatnam.
Leading jewellers and local gold jewellers in Visakhapatnam always quote a higher price by the karat.
For instance, the prevailing rate of gold was Rs 3000 per gram for 24K gold. So, if you are buying a 22K gold ring the price per gm you must pay is 22K/24K*3000 = 2750.
However, they always charge you higher about 5-8 percent as most customers do not question. Most of the customers don’t exactly know how it must be calculated. So this is the secret and they end up making a good profit on the prevailing gold rate.
Paying for everything by the price of gold:
People used to buy Gold designs with pearls, colored stones, artificial diamonds and more. So people pay money by the price of gold for all these non-gold things. Customers failed to ask the jewellers to deduct their weight form the gold items.
Why buy Hallmarked Jewellery in Visakhapatnam?
Previously, all jewellers in Visakhapatnam and all around the world charged you for 22K. However, it used to be around 18K. As the Government put more efforts to reduce this. We strongly suggest buying only Hallmark Jewellery.
Gold Making Charges in Visakhapatnam
It’s very common that the Jewelers charge you around Rs 400 – 500 per gram as gold making charge generally. This is somewhat 15-20 percent of the gold price charged. However, these charges for them are as low as Rs.200 per gram in reality.
White, Rose and Yellow Golds are priced the same
All jewellers demand a huge price for rose gold and white gold making in India. However, this should not happen as it turns out they just have to mix a few materials or alloys to get a specific gold colour. Hence, you never pay more whatever the colour of your gold.
Also Read: Mizoram Lottery Result Today
FAQs on Gold rate in Visakhapatnam
Does the price of gold in Visakhapatnam be the same as the price of gold in other Indian or Andhra Pradesh cities?
The rate of gold in Visakhapatnam city should be the same when compared to the price in other cities in Andhra Pradesh state.
However, if you compare the price of gold in Visakhapatnam to the price in other cities in India then the price is likely to be different. There are many factors on the difference in the gold rate such as the demand for gold in the city.
Will FD (fixed deposit) interest rates play an important role in affecting the prices of gold in Visakhapatnam?
Yes, FD or fixed deposit interest rates will play a major role in impacting the prices of gold in Visakhapatnam city.
How to check whether the gold that I have purchased is real?
The easiest way to check and verify the authenticity of your purchased gold is to conduct the float test. Take a bowl and put the gold ornament in the cold water.
If your gold sinks to the bottom of the bowl then it is real gold. Because, the precious metal’s density is high, otherwise it is fake or a plated gold ornament.
The other easiest way to check the gold is, by taking your gold ornament and bringing it close to a magnet. If the gold sticks to the magnet then it is 100% fake gold.
Real gold will not stick to the magnet.
Why does the gold price vary from place to place?
There are several factors that are impacting the gold rate. Those are, high demand for the yellow metal and comparatively low supply, policies and tariffs imposed by local governments, transportation expenses, etc.
These are the primary reasons that gold price varies from place to place
What factors should you think about before investing in gold?
Before investing in gold,k there are some things to be noted. Those are rate of interest, performance of both domestic and global market performance, government policy with regards to purchasing of gold, cost of 10 grams of 24-karat and 22-karat and more.
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We hope this page will help you to find the Gold rate today in Visakhapatnam and find the best jewellery shops in Visakhapatnam Andra Pradesh.
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Disclaimer: MoneyTells provides to its readers the exact price of today’s gold rate in Visakhapatnam. However, we have not added the GST and made charges with the given price. You would need to always check with your nearest gold jewellery shop to know the current selling price of Gold. Remember, the selling price of the gold is always changing based on the making-charges, GST and demand.