Vijayawada, one of the most culturally vibrant cities in India, holds a special interest in gold. This ancient land is home to many skilled artisans who present before the world a myriad of intricate patterns and designs on gold ornaments, especially temple jewellery. Gold prices here depend on local taxes, transportation charges, domestic demand, government policies, etc. Today Gold rate in Vijayawada is ₹ 60,650 per 10 grams for 24 Carat and ₹ 55,600 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,065 | + ₹ 32 |
8 grams
|
₹ 48,520 | + ₹ 256 |
10 grams
|
₹ 60,650 | + ₹ 320 |
100 grams
|
₹ 6,06,500 | + ₹ 3,200 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 5,560 | + ₹ 30 |
8 grams
|
₹ 44,480 | + ₹ 240 |
10 grams
|
₹ 55,600 | + ₹ 300 |
100 grams
|
₹ 5,56,000 | + ₹ 3,000 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
05 June 2023
|
₹ 60,330 | ₹ 55,300 | 0% |
04 June 2023
|
₹ 60,330 | ₹ 55,300 | 0% |
03 June 2023
|
₹ 60,330 | ₹ 55,300 | -1.25% |
02 June 2023
|
₹ 61,100 | ₹ 56,000 | +0.54% |
01 June 2023
|
₹ 60,760 | ₹ 55,700 | -0.27% |
31 May 2023
|
₹ 60,930 | ₹ 55,850 | +0.72% |
30 May 2023
|
₹ 60,490 | ₹ 55,450 | -0.18% |
29 May 2023
|
₹ 60,600 | ₹ 55,550 | 0% |
28 May 2023
|
₹ 60,600 | ₹ 55,550 | 0% |
27 May 2023
|
₹ 60,600 | ₹ 55,550 | -0.18% |
26 May 2023
|
₹ 60,710 | ₹ 55,650 | -0.27% |
25 May 2023
|
₹ 60,870 | ₹ 55,800 | -0.80% |
24 May 2023
|
₹ 61,360 | ₹ 56,250 | +0.45% |
23 May 2023
|
₹ 61,100 | ₹ 56,000 | -0.52% |
22 May 2023
|
₹ 61,410 | ₹ 56,290 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ | ₹ 802 |
31st May rate | ₹ | ₹ |
Highest rate in May | ₹ 57,210 on 6th May 2023 | ₹ 62,410 on 6th May 2023 |
Lowest rate in May | ₹ 55,450 on 30th May 2023 | ₹ on 5th May 2023 |
Over all performance | Falling | Falling |
% change | -100.00% | -100.00% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ | ₹ 777 |
30th April rate | ₹ | ₹ 804 |
Highest rate in April | ₹ 56,660 on 15th April 2023 | ₹ 61,830 on 15th April 2023 |
Lowest rate in April | ₹ 54,700 on 3rd April 2023 | ₹ on 3rd April 2023 |
Over all performance | Rising | Rising |
% change | +3.47% | +3.47% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ | ₹ 702 |
31st March rate | ₹ | ₹ 775 |
Highest rate in March | ₹ 55,300 on 18th March 2023 | ₹ 60,320 on 18th March 2023 |
Lowest rate in March | ₹ 50,900 on 9th March 2023 | ₹ on 2nd March 2023 |
Over all performance | Rising | Rising |
% change | +10.40% | +10.40% |
Besides festivities and religious ceremonies, people also invest heavily in gold during weddings, especially in the form of bridal jewellery. Some also prefer to gift gold coins, bars, and bullions during the same.
With an increase in population, this demand has only risen. As per the experts, the demand for gold almost never ceases to exist in Vijaywada, even during economic dips.
Being an important port town, local taxes and transportation charges play an important role in determining gold prices. Other generic factors include making charges, demand-supply, government policies, and interest rates trends.
Among the international factors are fluctuating currency valuation, global trade policies, and global gold prices.
This industrial hub has also grown a soft corner for investment tools such as digital gold, Exchange Trade Funds, gold sovereign bonds, gold futures, and gold mutual funds. These tools ensure invested gold of high purity levels and secured storage arrangements.
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