If you are considering investing in gold, you must know about today's gold rates in Vijayawada. Whether buying jewellery, coins, or bars or trying to acquire a gold loan from IIFL Finance, check the gold price in Vijayawada beforehand. However, gold rate in Vijayawada are subject to daily fluctuations influenced by factors such as demand and supply of gold, inflation, and Rupee-Dollar valuation. Our platform provides real-time and accurate information on the gold price today in Vijayawada.

Gold Price in Vijayawada for 22K and 24K Gold Purities

22 Carat Gold Price Per Gram in Vijayawada - (Today & Yesterday)

If you're planning for gold investment, check and compare 22 carat gold rate in Vijayawada. Consider taking look at the following information given below:

Gram Today Yesterday Price Change
Gold rate for 1 gram ₹ 6,551 ₹ 6,557 ₹ -6
Gold rate for 10 gram ₹ 65,506 ₹ 65,567 ₹ -61
Gold rate for 12 gram ₹ 78,607 ₹ 78,680 ₹ -73

Today 24 Carat Gold Price Per Gram in Vijayawada - (Today & Yesterday)

Now you can compare the 24K gold rate per gram in Vijayawada. Check the following table as given below:

Gram Today Yesterday Price change
Gold rate for 1 gram ₹ 7,151 ₹ 7,158 ₹ -7
Gold rate for 10 gram ₹ 71,513 ₹ 71,580 ₹ -67
Gold rate for 12 gram ₹ 85,816 ₹ 85,896 ₹ -80

Disclaimer: IIFL Finance Limited (including its associates & affiliates) ("IIFL") makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are subject to change and are provided on an as-is basis with no guarantees of completeness, accuracy, usefulness or timeliness and is without any warranties of any kind, express or implied. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. IIFL accepts no liability or responsibility for any errors or omissions in the content stated herein and under no circumstances shall IIFL be liable for any damage, loss, injury or disappointment suffered by any reader.

Historical Gold Rate in Vijayawada For The Last 10 Days

The Gold Rate in Vijayawada for the last 10 days allows you to track the trend and fluctuations in gold prices over time. With this information, you can analyse the market and make informed decisions about buying or selling gold in Vijayawada.

Day 22K Pure Gold 24K Pure Gold
13 Jun, 2024 ₹ 6,550 ₹ 7,151
12 Jun, 2024 ₹ 6,556 ₹ 7,158
11 Jun, 2024 ₹ 6,544 ₹ 7,144
10 Jun, 2024 ₹ 6,519 ₹ 7,117
07 Jun, 2024 ₹ 6,587 ₹ 7,191
06 Jun, 2024 ₹ 6,664 ₹ 7,275
05 Jun, 2024 ₹ 6,593 ₹ 7,198
04 Jun, 2024 ₹ 6,592 ₹ 7,196
03 Jun, 2024 ₹ 6,574 ₹ 7,177
31 May, 2024 ₹ 6,627 ₹ 7,235

Monthly and Weekly Trends of Gold Rate in Vijayawada

When investing in gold in Vijayawada, it's essential to monitor the Monthly and Weekly Trends of the Gold Rate. We provide detailed information on how the gold rate in Vijayawada has changed over the past month and week. Analysing these trends can help you make informed decisions about buying or selling gold in Vijayawada.

Gold Price Calculator in Vijayawada

Gold should be minimum 0.1 grams

Gold value: ₹ 6,550.60

Gold Investment in Vijayawada

You can invest in gold in Vijayawada in the following ways.

  • Gold jewellery: Gold jewellery is a popular investment option in Vijayawada due to its cultural significance and aesthetic appeal. However, purchasing gold jewellery from reputable jewellers ensure its purity and authenticity.
  • Physical gold: Physical gold as coins or bars is also a popular investment option in Vijayawada. The Gold Rate in Vijayawada and the Gold Price in Vijayawada can fluctuate daily, which affects the value of physical gold investments.
  • Gold-based mutual funds: Investing in gold-based mutual funds is a more indirect way of investing in gold. This option can be beneficial for investors who are looking for a more diversified investment portfolio.
  • Exchange-traded funds (ETFs): Investing in gold-based ETFs is another indirect way of investing in gold. ETFs can be traded like stocks and provide greater flexibility and liquidity.

How is the Purity of Gold Evaluated in Vijayawada?

The purity of gold is determined using the Karat measurement, with higher purity levels resulting in a higher Gold Rate in Vijayawada. The hallmarking system is used to evaluate the purity of gold in Vijayawada.

The Bureau of Indian Standards (BIS) regulates the hallmarking system, ensuring that the gold jewellery sold in the city meets certain purity standards. The gold is tested for purity at a BIS-recognized assaying and hallmarking centre to get the hallmark. Once the gold meets the purity standards, a hallmark is stamped on the jewellery to indicate its purity level.

What affects today's gold rates in Vijayawada?

The gold rate in Vijayawada is affected by various factors, including global trends. Here are some factors that affect the gold rate in Vijayawada.

  1. Global Demand and Supply: The demand and supply of gold in the global market play a significant role in determining the gold rate in Vijayawada. If the demand for gold is higher than the supply, the gold rate in Vijayawada and across the country will rise.
  2. Inflation: The inflation rate in the country affects the gold rate in Vijayawada. As the inflation rate increases, the value of the Indian Rupee decreases, which leads to an increase in the gold rate.
  3. Economic Stability: The country's overall economic stability also impacts the gold rate in Vijayawada. If the economy is performing well, the gold rate will be lower; if it is not, the gold rate will be higher.
  4. Rupee-Dollar Exchange Rate: The gold rate in Vijayawada is also affected by the exchange rate between the Indian Rupee and the US Dollar. If the Indian Rupee weakens against the US Dollar, the gold rate will increase.
  5. Import Duty: The government's decision on import duties on gold also affects the gold rate in Vijayawada.

How Gold is used in Vijayawada?

Gold holds great cultural and traditional value in Vijayawada and it is used extensively for various purposes. The most common use of gold in Vijayawada is for jewellery-making, particularly for weddings and other auspicious occasions. It is also used as an investment option due to its ability to retain value over time. Individuals and institutions alike purchase gold coins and bars for investment purposes.

In addition, gold is used to produce idols, particularly during festivals such as Dussehra and Diwali. Gold also plays a role in manufacturing luxury items such as watches, pens, and cufflinks. Despite fluctuations in the gold rate in Vijayawada, the demand for gold remains high due to its cultural significance and investment potential.

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