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 ₹ 77,780 per 10 grams for 24 Carat and ₹ 71,300 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 7,778 | - ₹ 21 |
8 grams
|
₹ 62,224 | - ₹ 168 |
10 grams
|
₹ 77,780 | - ₹ 210 |
100 grams
|
₹ 7,77,800 | - ₹ 2,100 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 7,130 | - ₹ 19 |
8 grams
|
₹ 57,040 | - ₹ 152 |
10 grams
|
₹ 71,300 | - ₹ 190 |
100 grams
|
₹ 7,13,000 | - ₹ 1,900 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
02 December 2024
|
₹ 77,990 | ₹ 71,490 | 0% |
29 November 2024
|
₹ 78,110 | ₹ 71,600 | +0.99% |
28 November 2024
|
₹ 77,350 | ₹ 70,900 | +0.16% |
27 November 2024
|
₹ 77,230 | ₹ 70,790 | -0.01% |
26 November 2024
|
₹ 77,240 | ₹ 70,800 | -1.67% |
25 November 2024
|
₹ 78,550 | ₹ 72,000 | 0% |
22 November 2024
|
₹ 78,820 | ₹ 72,250 | +1.53% |
21 November 2024
|
₹ 77,630 | ₹ 71,160 | +0.71% |
20 November 2024
|
₹ 77,080 | ₹ 70,660 | +0.01% |
19 November 2024
|
₹ 77,070 | ₹ 70,650 | +1.89% |
18 November 2024
|
₹ 75,640 | ₹ 69,340 | 0% |
15 November 2024
|
₹ 75,760 | ₹ 69,450 | +0.14% |
14 November 2024
|
₹ 75,650 | ₹ 69,350 | -1.56% |
13 November 2024
|
₹ 76,850 | ₹ 70,450 | -0.56% |
12 November 2024
|
₹ 77,290 | ₹ 70,850 | 0% |
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.