Gold Rate in Guntur

20th Nov 2018

31,450.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Guntur is 31450 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold

Rs. 29570

24 Carat Gold

Rs. 31450

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

22-Carat	24-Carat	Change(%)
Yesterday	2957.00	3145.00	0 %
Today	2975.00	3163.00	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 3145.00	Rs 3163.00
8 Gram	Rs 25160	Rs 25304
10 Gram	Rs 31450	Rs 31630
100 Gram	Rs 314500	Rs 316300

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 2957.00	Rs 2975.00
8 Gram	Rs 23656	Rs 23800
10 Gram	Rs 29570	Rs 29750
100 Gram	Rs 295700	Rs 297500

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

20 November 2018

Rs. 2957.00

Rs. 29570

Rs. 3145.00

Rs. 31450

19 November 2018

Rs. 2975.00

Rs. 29750

Rs. 3163.00

Rs. 31630

18 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

17 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

16 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

15 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

14 November 2018

Rs. 2968.00

Rs. 29680

Rs. 3156.00

Rs. 31560

13 November 2018

Rs. 2985.00

Rs. 29850

Rs. 3173.00

Rs. 31730

12 November 2018

Rs. 2985.00

Rs. 29850

Rs. 3173.00

Rs. 31730

11 November 2018

Rs. 3003.00

Rs. 30030

Rs. 3181.00

Rs. 31810

Comparison of 22 K & 24 K Gold Rates in Guntur

Historical Price of Gold Rate in Guntur

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 1st 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 %

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

Gold Rates	22 Carat	24 Carat
Jul 1st Rate	Rs. 2906.00/- per gram	Rs. 3094.00/- per gram
Jul 31st Rate	Rs. 2854.00/- per gram	Rs. 2942.00/- per gram
Highest Jul Rate	Rs. 2925.00/- per gram	Rs. 3094.00/- per gram
Lowest Jul Rate	Rs. 2846.00/- per gram	Rs. 2934.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	1.79 %	4.91 %

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

Gold Rates	22 Carat	24 Carat
Jun 1st Rate	Rs. 2962.00/- per gram	Rs. 3150.00/- per gram
Jun 30th Rate	Rs. 2906.00/- per gram	Rs. 3094.00/- per gram
Highest Jun Rate	Rs. 2970.00/- per gram	Rs. 3158.00/- per gram
Lowest Jun Rate	Rs. 2906.00/- per gram	Rs. 3094.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	1.89 %	1.78 %

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

Gold Rates	22 Carat	24 Carat
May 2nd Rate	Rs. 2966.00/- per gram	Rs. 3154.00/- per gram
May 31st Rate	Rs. 2962.00/- per gram	Rs. 3150.00/- per gram
Highest May Rate	Rs. 3015.00/- per gram	Rs. 3200.00/- per gram
Lowest May Rate	Rs. 2956.00/- per gram	Rs. 3141.00/- per gram
Overall Performance	Decline	Decline
Percentage Change	0.13 %	0.13 %

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).