Gold Rate in Guntur

16th Feb 2019

33,140.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Guntur is 33140 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold

Rs. 31360

24 Carat Gold

Rs. 33140

22 Carat & 24 Carat Gold Rate in Guntur Per Gram (INR)

22-Carat	24-Carat	Change(%)
Yesterday	3136.00	3314.00	0 %
Today	3136.00	3314.00	0 %

Today 24 Carat Gold Price per gram in Guntur (INR)

Gram	24 Carat Gold Yesterday	24 Carat Gold Today	Daily Price Change
1 Gram	Rs 3314.00	Rs 3314.00
8 Gram	Rs 26512	Rs 26512
10 Gram	Rs 33140	Rs 33140
100 Gram	Rs 331400	Rs 331400

Today 22 Carat Gold Price per gram in Guntur (INR)

Gram	22 Carat Gold Yesterday	22 Carat Gold Today	Daily Price Change
1 Gram	Rs 3136.00	Rs 3136.00
8 Gram	Rs 25088	Rs 25088
10 Gram	Rs 31360	Rs 31360
100 Gram	Rs 313600	Rs 313600

Today Gold Rate in Guntur

Why is Gold Important in Guntur?

Located nearly 40 miles north of the Bay of Bengal, Guntur is one of the major commercial hubs of Andhra Pradesh. Gold is considered to be a scared metal in Guntur. It is used to make beautiful temple jewelry which is offered to the gods and goddesses of the local temples and is also worn by the people of Guntur during special events and festivities. Gold is purchased by all classes of citizens of Guntur regardless of the gold rates in Guntur especially during auspicious occasions such as weddings.

How is Gold Purchased in Guntur?

The gold may be physical in the form of jewelry, coins or bars as well as electronic in the form of Gold ETFs. While physical gold has a sentimental value attached to it also may be used to secure loans, by using it as security. Gold ETFs, on the other hand, are more liquid, do not pose a security risk and have lower costs involved that physical gold.

What Factors Determine Gold Prices in Guntur?

Today’s Gold rates in Guntur are decided by domestic and international factors such international gold price, exchange rates and the domestic duties and levies. Gold rates in Guntur are volatile and may fluctuate depending upon the change in domestic and international cues hence one must check the before price of gold in Guntur purchasing or selling.

22 & 24 Carat Gold Rate in Guntur for Last 10 Days

Year

STANDARD GOLD 22K
1 GRAM	10 GRAM

PURE GOLD 24K
1 GRAM	10 GRAM

16 February 2019

Rs. 3136.00

Rs. 31360

Rs. 3314.00

Rs. 33140

15 February 2019

Rs. 3136.00

Rs. 31360

Rs. 3314.00

Rs. 33140

14 February 2019

Rs. 3141.00

Rs. 31410

Rs. 3319.00

Rs. 33190

13 February 2019

Rs. 3153.00

Rs. 31530

Rs. 3341.00

Rs. 33410

12 February 2019

Rs. 3153.00

Rs. 31530

Rs. 3341.00

Rs. 33410

11 February 2019

Rs. 3173.00

Rs. 31730

Rs. 3361.00

Rs. 33610

10 February 2019

Rs. 3173.00

Rs. 31730

Rs. 3361.00

Rs. 33610

09 February 2019

Rs. 3156.00

Rs. 31560

Rs. 3336.00

Rs. 33360

08 February 2019

Rs. 3156.00

Rs. 31560

Rs. 3336.00

Rs. 33360

Comparison of 22 K & 24 K Gold Rates in Guntur

Historical Price of Gold Rate in Guntur

Trend of Gold Rate in Guntur for January 2019 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Jan 1st Rate	Rs. 3017.00/- per gram	Rs. 3205.00/- per gram
Jan 31st Rate	Rs. 3126.00/- per gram	Rs. 3306.00/- per gram
Highest Jan Rate	Rs. 3126.00/- per gram	Rs. 3306.00/- per gram
Lowest Jan Rate	Rs. 3017.00/- per gram	Rs. 3205.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-3.61 %	-3.15 %

Trend of Gold Rate in Guntur for December 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Dec 1st Rate	Rs. 2909.00/- per gram	Rs. 3097.00/- per gram
Dec 31st Rate	Rs. 3022.00/- per gram	Rs. 3210.00/- per gram
Highest Dec Rate	Rs. 3022.00/- per gram	Rs. 3210.00/- per gram
Lowest Dec Rate	Rs. 2905.00/- per gram	Rs. 3083.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-3.88 %	-3.65 %

Trend of Gold Rate in Guntur for November 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Nov 1st Rate	Rs. 3028.00/- per gram	Rs. 3216.00/- per gram
Nov 30th Rate	Rs. 2909.00/- per gram	Rs. 3097.00/- per gram
Highest Nov Rate	Rs. 3044.00/- per gram	Rs. 3232.00/- per gram
Lowest Nov Rate	Rs. 2909.00/- per gram	Rs. 3097.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	3.93 %	3.70 %

Trend of Gold Rate in Guntur for October 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Oct 1st Rate	Rs. 2924.00/- per gram	Rs. 3012.00/- per gram
Oct 31st Rate	Rs. 3038.00/- per gram	Rs. 3226.00/- per gram
Highest Oct Rate	Rs. 3058.00/- per gram	Rs. 3245.00/- per gram
Lowest Oct Rate	Rs. 2915.00/- per gram	Rs. 3003.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-3.90 %	-7.10 %

Trend of Gold Rate in Guntur for September 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Sep 1st Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Sep 30th Rate	Rs. 2936.00/- per gram	Rs. 3024.00/- per gram
Highest Sep Rate	Rs. 2936.00/- per gram	Rs. 3024.00/- per gram
Lowest Sep Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-1.87 %	-1.82 %

Trend of Gold Rate in Guntur for August 2018 (rates per gram for 22/24 carat gold)

Gold Rates	22 Carat	24 Carat
Aug 2nd Rate	Rs. 2854.00/- per gram	Rs. 2942.00/- per gram
Aug 31st Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Highest Aug Rate	Rs. 2882.00/- per gram	Rs. 2970.00/- per gram
Lowest Aug Rate	Rs. 2817.00/- per gram	Rs. 2905.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	-0.98 %	-0.95 %

Gold Price in Guntur

Situated down the eastern part of Bay of Bengal in Andhra Pradesh, the city of Guntur is one of the important commercial hubs of this state. It is a major hub for business and industry.

Storing and Importing of Gold in Guntur

Gold is purchased in huge quantities in Guntur. It is purchased in many different forms such as gold jewelry, gold idols, gold ornaments, etc. It is widely purchased for temple jewelry that is offered to the idols in temples. Besides this, it is bought for auspicious festivals and weddings.

Gold Price Movement in Guntur

The gold price in Guntur depends on the gold rate in India and across the globe. Today gold price in Guntur is affected by other factors such as inflation in the country, import duties, current account deficit, situation of the economy and the strength of the US dollar. The gold rate has increased in the global markets by 16% in 2016.

Gold as an Investment in Guntur

Gold is considered to be a very safe investment in Guntur. The most common way of investing in gold in this commercial city is through gold bars. The other ways are:

Physical Gold: Jewelry, gold coins, gold bars, etc. are a common way of investing in gold. Kalyan Jewelers, Malabar gold and Tanishq are a few of the most renowned gold jewelers in Guntur.

Market Avenue: Gold is purchased through MCX (Multi Commodity Exchange), NCDEX (National Commodity and Derivatives Exchange) and NSEL (National Spot Exchange).