Gold Rate in Rajahmundry

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

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 3020.00Rs 3019.00
8 Gram Rs 24160Rs 24152
10 Gram Rs 30200Rs 30190
100 Gram Rs 302000Rs 301900

Last Update on 24th Sep 2017

 

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

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2832.00Rs 2831.00
8 Gram Rs 22656Rs 22648
10 Gram Rs 28320Rs 28310
100 Gram Rs 283200Rs 283100

Gold Rate in Rajahmundry

What Is The Importance Of Gold In Rajahmundry?

The cultural capital of Andhra Pradesh, Rajahmundry is located on the banks of the river Godavari. The city is known for its rich economic background as well and boasts of a flourishing cloth and bullion market. Rajahmundry’s bullion market is one of the most prominent ones in the country, consisting of hundreds of shops trading in gold, silver and platinum.

How Is Gold Purchased In Rajahmundry?

Gold is considered to be a sacred metal in Andhra Pradesh. It is purchased during festivities and weddings. It is worn and exchanged as a depiction of wealth and status.

What Are The Factors Affecting Gold Prices In Rajahmundry?

The gold rate in Rajahmundry depends on the quality and weight of the precious metal. The price of gold in Rajamundry for 22 carat and 24 carat gold varies due to the differences in the purity of gold. Other factors affecting the gold price in Rajahmundry are the macro cues such as international gold price, rupee-dollar exchange rate and domestic policy decisions regarding the import duties, taxes and so on. Today’s gold rate in Rajahmundry must be consulted before taking any buying or selling decisions as the gold prices in Rajahmundry keep on fluctuating.

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

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
24 September 2017 Rs. 2831.00 Rs. 28310 Rs. 3019.00 Rs. 30190
23 September 2017 Rs. 2832.00 Rs. 28320 Rs. 3020.00 Rs. 30200
22 September 2017 Rs. 2829.00 Rs. 28290 Rs. 3017.00 Rs. 30170
21 September 2017 Rs. 2847.00 Rs. 28470 Rs. 3035.00 Rs. 30350
20 September 2017 Rs. 2833.00 Rs. 28330 Rs. 3021.00 Rs. 30210
19 September 2017 Rs. 2838.00 Rs. 28380 Rs. 3026.00 Rs. 30260
18 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
17 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
16 September 2017 Rs. 2862.00 Rs. 28620 Rs. 3050.00 Rs. 30500
15 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420

Rajahmundry Gold Rate Trend in Last 3 Month

Gold Rate in Rajahmundry

Situated on the banks of river Godavari, Rajahmundry is one of the biggest cities of Andhra Pradesh.

Historical Significance of Gold in Rajahmundry

Earlier famous as Rajamahendravaram, this city is popular for it's rich economic, cultural and historical background. Being the cultural capital of Andhra Pradesh, this city has the hugest cloth market in the entire country and hosts several handloom markets all over the city. Its main tourist attractions include the Godavari River and this city’s museums.

Storing and Importing of Gold

Rajahmundry has one of the biggest gold markets in the entire country. It has several jewelers and jewelry stores dealing not only in gold but also in platinum and silver. It has a very strong bullion market.

Gold Price Movement in Rajahmundry

The price of gold differed from one state to another. The gold price in Rajahmundry depends on several factors. The most important ones are the weight of gold and the quality of gold. This precious yellow metal is weighed in grams, and the rate of gold is determined as per the weight. There is a difference in the price of 22 carats and 24 carats gold because there is a difference in their quality and purity.

Gold as an Investment

People in Rajahmundry invest in gold mainly though gold jewelry and gold ornaments. The demand for gold in Rajahmundry is mainly during the festive season and weddings. Today the gold price in Rajahmundry is changing according to the changes in the gold price in the international market.