Present gold rate in visakhapatnam

Today gold rates in Visakhapatnam are the latest and most accurate prices of gold in the city for 22-carat and 24-carat gold per gram, per 8 gram, per 10 gram, and per tola. The gold rates in Visakhapatnam are updated regularly and can help consumers who are looking to buy or sell gold in the city. The gold rates in Visakhapatnam can also help investors who want to invest in gold. Today's Gold Rate in Visakhapatnam Are you looking for the latest and most accurate gold rate in Visakhapatnam? Do you want to know the best time and place to buy or sell gold in the city? Do you want to learn more about the different forms and benefits of gold investment in Visakhapatnam? If yes, then you have come to the right place. You can find today’s gold rate in Visakhapatnam, along with all the information and guidance you need to make smart and informed decisions regarding your gold transactions in the city. How is the Purity of Gold Determined? The purity of gold in Vizag is determined by the Indian Bullion Association (IBA), which is the apex body of the gold industry in India. The IBA sets the standards and guidelines for the purity and quality of gold and its products. The IBA also accredits the hallmarking centres that certify the purity and quality of gold jewellery and coins. Here are some ways a consumer can check the purity of Gold. • The consumer can check the purity and quality of gold by looking for the hallmark symbol on it. • The consumer can also verify the authenticity of...

Sustained high gold prices are likely to hike revenues of organised gold jewellery retailers by 16-18 percent this fiscal, a report said on Thursday. However, volume growth will remain modest due to elevated prices this fiscal. This comes after a stellar compound annual growth rate (CAGR) of 35 per cent logged during FY22 and FY23, mainly due to strong volume growth, driven by pent-up demand and increased consumer spending. Average realisations during the previous two fiscals increased at a CAGR of 5 per cent, Crisil Ratings said in a report. "We expect a low single-digit volume growth for the organised players during FY24, given elevated gold prices. That said, organised players will continue to see modest market share gain, compared with unorganised players. While revenue will grow by 16-18 per cent on sustained high gold prices," Crisil Ratings Senior Director Anuj Sethi said. The organised sector accounts for slightly more than a third of the market, with the unorganised sector making up the rest. The report said the operating margin is expected to moderate by up to 30 basis points to 7.8-8 per cent, led by increasing promotional and store-related expenses. Still, the margin will remain above the pre-pandemic level of 6.8-7 per cent, it added. Working capital debt requirement will continue to rise as jewellers keep expanding stores, though at a slower pace than in the past two fiscals. Credit profile for the players will remain stable, Crisil Ratings said. Domestic pri...

Gold investment is one of the traditional forms of investment. Even the availability of other investment options has not dulled the demand for gold. The demand for gold drives the gold rate today in Andhra Pradesh . Indians love the yellow metal and wear it at weddings, functions etc. Gold prices in recent months have risen. During July 2020, the prices had crossed the 50K mark. The pandemic and slow markets contributed to the increased demand for gold. Let us look at what factors affect gold prices to understand the gold markets, prices and terminology. What is Today's Gold Rate in Andhra Pradesh? Andhra Pradesh in South India is one of the largest gold consumers. Cities like Vijayawada, Visakhapatnam and Guntur have several super-sized jewellery stores that display gold articles that meet all budgets and occasions. Gold is available in Andhra Pradesh at the present gold rate as bars, coins, jewellery etc. Today’s gold rate in Andhra Pradesh 916is ₹5505 /gm of 22k gold as of 16th June 2023.Th e24-carat gold rate in Andhra Pradeshtoday is ₹5780 /gm. Gold Rates in Andhra Pradesh for Last 10 Days Date 10 Gram (22 K) 10 Gram (24 K) 16 June 2023 ₹ 55050 ₹ 57800 15 June 2023 ₹ 55500 ₹ 58280 14 June 2023 ₹ 55900 ₹ 58700 13 June 2023 ₹ 55800 ₹ 58590 12 June 2023 ₹ 55900 ₹ 58700 11 June 2023 ₹ 55900 ₹ 58700 10 June 2023 ₹ 56000 ₹ 58800 09 June 2023 ₹ 55650 ₹ 58430 08 June 2023 ₹ 56050 ₹ 58850 07 June 2023 ₹ 56000 ₹ 58800 06 June 2023 ₹ 55700 ₹ 58490 Historical Gold Rates in Andhra...

Gold is the most valued metal in India and people, especially women have a deep affinity for it. In any country, the price of gold keeps changing on a day-to-day basis across all the cities and India is no exception. The gold price in Visakhapatnam is affected by a number of factors which entails global trends as well. In Indian households, gold is considered precious and related to auspiciousness. Besides its cultural value, gold also contributes to a great investment portfolio. Owing to these reasons, it is purchased in a huge volume across the country, including Visakhapatnam. Not only physical gold, but investors have also started to trade in gold as a commodity and in gold-based derivatives through the exchanges. Irrespective of the condition of the economy, gold consumption always remains untouched and is consumed across India. You need to be properly informed about the gold rates in Visakhapatnam if planning to invest in it. Be it gold jewelry, coins, or bars, you should always check the gold price in Visakhapatnam today beforehand. However, as mentioned above, the gold rates in Visakhapatnam oscillate daily due to different factors such as demand and supply of gold, inflation, and rupee-dollar valuation. Gold rates in Visakhapatnam always differ from other cities in India. There are a number of reasons behind the same such as octroi charges, state taxes, and transportation costs. If you are looking to invest in gold in Visakhapatnam then it is in your best interest...

Date 22K 24K Jun 15, 2023 ₹54,700 ( -350 ) ₹59,670 ( -380 ) Jun 14, 2023 ₹55,050 ( -350 ) ₹60,050 ( -400 ) Jun 13, 2023 ₹55,400 ( 0 ) ₹60,450 ( 0 ) Jun 12, 2023 ₹55,400 ( -100 ) ₹60,450 ( -100 ) Jun 11, 2023 ₹55,500 ( 0 ) ₹60,550 ( 0 ) Jun 10, 2023 ₹55,500 ( -100 ) ₹60,550 ( -100 ) Jun 9, 2023 ₹55,600 ( 400 ) ₹60,650 ( 430 ) Jun 8, 2023 ₹55,200 ( -400 ) ₹60,220 ( -430 ) Jun 7, 2023 ₹55,600 ( 0 ) ₹60,650 ( 0 ) Jun 6, 2023 ₹55,600 ( 300 ) ₹60,650 ( 320 ) Term 22K 24K 10 Days ₹55,355 ₹60,389 20 Days ₹55,455 ₹60,498 30 Days ₹55,663 ₹60,725 60 Days ₹55,958 ₹61,047 90 Days ₹55,741 ₹60,809 180 Days ₹53,749 ₹58,636 1 Year ₹50,535 ₹55,129 2 Years ₹48,142 ₹52,519 3 Years ₹47,531 ₹51,855 4 Years ₹45,374 ₹49,477 5 Years ₹42,643 ₹46,386 6 Years ₹40,510 ₹44,052 Historical Price of Gold Rate in Vijayawada • Gold Price Movement in Vijayawada, May 2023 • Gold Rates 22K 24K 1 st May rate ₹55,700 ₹60,760 31 st May rate ₹55,850 ₹60,930 Highest rate in May ₹57,200 on May 5 ₹62,400 on May 5 Lowest rate in May ₹55,450 on May 30 ₹60,490 on May 30 Over all performance Rising Rising % Change +0.27% +0.28% • Gold Price Movement in Vijayawada, April 2023 • Gold Rates 22K 24K 1 st April rate ₹55,000 ₹60,000 30 th April rate ₹55,850 ₹60,930 Highest rate in April ₹56,650 on April 14 ₹61,800 on April 14 Lowest rate in April ₹54,700 on April 3 ₹59,670 on April 3 Over all performance Rising Rising % Change +1.55% +1.55% • Gold Price Movement in Vijayawada, March 2023 • Gold Rates 22K 24K 1 st March rate ₹5...

ગુજરાતી • • • • • • • New • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Live • • • • • • • • • • • • • • • • • • • • The variables affecting 1 gram gold rate in Visakhapatnam are as follows: • Inflation: The stability of gold makes it a protective barrier to hedge against inflation. During the time of inflation, investors will hold on to gold more than money. Therefore, the demand for gold increased during the time of inflation. Subsequently, the gold price is also pretty high during inflation in the domestic as well as international markets. • Supply and demand: Today's gold rate in Visakhapatnam 24 carat will also depend on its availability and demand. When the demand is high, the price of gold will strike up. But when the demand is low, the price will also be low. Therefore, several investors focus on purchasing gold after the wedding or festive season is over. • Interest rates: Investors usually sell gold when the interest rate trends are high. It increases the availability of gold and reduces its price. Alternatively, low interest rate trends mean more money in the pockets of investors. As a result, the demand for gold will increase along with its price. • Macroeconomic factors: Several macroeconomic factors are responsible for influencing the price of gold. For instance, the price of ...