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 ₹ 51,870 per 10 grams for 24 Carat and ₹ 47,550 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 5,187 | ₹ 0 |
8 grams | ₹ 41,496 | ₹ 0 |
10 grams | ₹ 51,870 | ₹ 0 |
100 grams | ₹ 5,18,700 | ₹ 0 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 4,755 | ₹ 0 |
8 grams | ₹ 38,040 | ₹ 0 |
10 grams | ₹ 47,550 | ₹ 0 |
100 grams | ₹ 4,75,500 | ₹ 0 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
26 June 2022 | ₹ 51,870 | ₹ 47,550 | 0% |
25 June 2022 | ₹ 51,870 | ₹ 47,550 | +0.21% |
24 June 2022 | ₹ 51,760 | ₹ 47,450 | -0.42% |
23 June 2022 | ₹ 51,990 | ₹ 47,650 | +0.42% |
22 June 2022 | ₹ 51,760 | ₹ 47,450 | -0.42% |
21 June 2022 | ₹ 51,980 | ₹ 47,650 | -0.21% |
20 June 2022 | ₹ 52,080 | ₹ 47,750 | +0.21% |
19 June 2022 | ₹ 51,980 | ₹ 47,650 | 0% |
18 June 2022 | ₹ 51,980 | ₹ 47,650 | -0.21% |
17 June 2022 | ₹ 52,100 | ₹ 47,750 | +0.42% |
16 June 2022 | ₹ 51,870 | ₹ 47,550 | +0.85% |
15 June 2022 | ₹ 51,440 | ₹ 47,150 | -0.53% |
14 June 2022 | ₹ 51,710 | ₹ 47,400 | -1.99% |
13 June 2022 | ₹ 52,760 | ₹ 48,360 | 0% |
12 June 2022 | ₹ 52,760 | ₹ 48,360 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ 48,390 | ₹ 52,790 |
31st May rate | ₹ 47,750 | ₹ 52,100 |
Highest rate in May | ₹ 48,400 on 1st May 2022 | ₹ 52,800 on 1st May 2022 |
Lowest rate in May | ₹ 46,100 on 18th May 2022 | ₹ 50,290 on 18th May 2022 |
Over all performance | Falling | Falling |
% change | -1.31% | -1.31% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ 48,100 | ₹ 52,470 |
30th April rate | ₹ 48,400 | ₹ 52,800 |
Highest rate in April | ₹ 49,860 on 19th April 2022 | ₹ 54,390 on 19th April 2022 |
Lowest rate in April | ₹ 47,650 on 1st April 2022 | ₹ 51,980 on 1st April 2022 |
Over all performance | Rising | Rising |
% change | +0.63% | +0.63% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ 46,700 | ₹ 50,950 |
31st March rate | ₹ 47,650 | ₹ 51,980 |
Highest rate in March | ₹ 50,700 on 9th March 2022 | ₹ 55,310 on 9th March 2022 |
Lowest rate in March | ₹ 46,700 on 1st March 2022 | ₹ 50,950 on 1st March 2022 |
Over all performance | Rising | Rising |
% change | +2.02% | +2.02% |
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.
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