Gold Rate in Vijayawada

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Today’s Gold Rate in India
22 Karat
46,210Per 10g of 22k Gold

Today 24 Carat Gold Price in Vijayawada – Updated

Gram 24 Carat Gold Yesterday 24 Carat Gold Today
Daily Price Change
1 GRAM Rs 4860.00 Rs 4881.00 0.43 %↑
8 GRAM Rs 38880 Rs 39048 0.43 %↑
10 GRAM Rs 48600 Rs 48810 0.43 %↑
100 GRAM Rs 486000 Rs 488100 0.43 %↑

Today 22 Carat Gold Price in Vijayawada – Updated

Gram 22 Carat Gold Yesterday 22 Carat Gold Today Daily Price Change
1 GRAM Rs 4455.00 Rs 4475.00 0.447%↑
8 GRAM Rs 35640 Rs 35800 0.447%↑
10 GRAM Rs 44550 Rs 44750 0.447%↑
100 GRAM Rs 445500 Rs 447500 0.447%↑

Today Gold Rate In Vijayawada : Gold Rate in Vijayawada

Today’s Gold Rate for the 22 karat Gold is 4442 rupees, and the Todays Gold Rates for the 24 karat Gold is 4640 rupees. The Gold Rate in Vijayawada may increase or decrease based on the Gold Rates. These Gold Rates are based on the Purity of the Gold. The Purity of the Gold may range from 22-24 karat Gold.

Compare 22k & 24k Gold Rate in Vijayawada. 

Gold Today Yesterday Rate Change
Standard Gold (22 K) ( 1 gram ) ₹ 4,610 ₹ 4,560 ₹ 50 ↑
Standard Gold (22 K) ( 8 grams ) ₹ 36,880 ₹ 36,480 ₹ 400 ↑
Pure Gold (24 K) ( 1 gram ) ₹ 5,030 ₹ 4,976 ₹ 54 ↑
Pure Gold (24 K) ( 8 grams ) ₹ 40,240 ₹ 39,808 ₹ 432 ↑

Last 10 Days Gold Rates

Date
STANDARD GOLD 22K PURE GOLD 24K
1 GRAM 10 GRAM 1 GRAM 10 GRAM
May 26, 2021 Rs. 4710.00 Rs. 47100 Rs. 5100.00 Rs. 51000
May 25, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 24, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 23, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 22, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 21, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 20, 2021 Rs. 4693.00 Rs. 46930 Rs. 5083.00 Rs. 50830
May 19, 2021 Rs. 4682.00 Rs. 46820 Rs. 5072.00 Rs. 50720
May 18, 2021 Rs. 4681.00 Rs. 46810 Rs. 5071.00 Rs. 50710
May 17, 2021 Rs. 4650.00 Rs. 46500 Rs. 5050.00 Rs. 50500

Gold Rate in Vijayawada 

Gold Rate in Vijayawada is fluctuating a lot these days. These Gold Rates are based on the Purity of the Gold. If the Purity of the Gold is high, then you can avail of the high Gold Rates. These Gold Rates are based on various factors like the Rupee Value too. Gold is in high demand, and then you can avail the best Gold Rates.

List of banks providing gold loan in Vijayawada 

Bank / NBFC Rate Per Gram Interest Rate Gold Loan Tenure Min – Max Loan Amount
₹ 3,506 to ₹ 4,621 0.099 3 to 24 months ₹ 10 thousand to 5 crore
ICICI Gold Loan ₹ 3,506 to ₹ 4,621 0.1 6 to 12 months ₹ 10 thousand to 5 crore
₹ 3,506 to ₹ 4,621 0.12 7 days to 36 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1225 12 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1025 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1 3 to 36 months ₹ 10 thousand to 5 crore
SBI Gold Loan ₹ 3,506 to ₹ 4,621 0.0975 12 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.075 3 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 10 thousand to 5 crore
IIFL Gold Loan ₹ 3,506 to ₹ 4,621 0.12 11 months ₹ 3 thousand to 50 lakh

How are Gold Rates Decided?

Gold Rate in Vijayawada is decided based on the factors like the Gold Purity, Rupee Value. The Purity of the Gold may range from 20-24 karat Gold. For the 22 karat Gold, the Purity is 92%, and for the 24 karat Gold, the Purity of the Gold is 99% Purity. These are some of the Purity related things. And apart from these, the rupee value also plays a significant role. If the rupee value is high, then you can avail of the high Gold Rates. In this way, you can decide the Gold Rates.

How do Gold Traders Determine Future Gold Prices in Vijayawada?

Gold Rate in Vijayawada

Rupee Foreign Trade and the Other metals Prices determine the future of the Gold Prices. You can compare the Gold with the other rates. The Silver rates can compare with the Gold Rates. If the Silver rates are high, then you can avail of the high Gold Prices. And if the Silver price is low, then you can help with the high Gold Rate in Vijayawada.

Apart from these, the Rupee Foreign Trade also plays a significant role in the Gold Prices. Based on the imports and exports you can avail the Gold Prices.

What Leads to the Increment of Gold Rates When the Stock Market Falls?

Gold is used as an investment when the Stock market falls. People are investing in Stock markets and Fixed deposits. But investing in the Stock market and Fixed deposit, you can invest in Gold. Gold is one of the significant investments you can make in the Gold Rate in Vijayawada. Gold Purity also plays a vital role in the Gold Rates. This Stock market falls, but investing in Gold is one of the most profitable things in the Gold Rates.

Impact of GST on Gold Rate in Vijayawada 

The impact of GST on Gold Rates is based on various factors. The GST for the Gold Rates is 2%, and there are many other things like the Processing fee and the Customs duty and the VAT Taxes. The Processing fee for the Gold rates is 5%, and the Customs duty is 10%. The GST depends on the Gold Rates. And there is an increase in the Gold Rates by the GST, and that is 1.6%.

Impact of Central Bank Policies on Vijayawada Gold Rate?

Buying and Selling of Gold are based on the Central Bank Policies. And many other factors affect the Gold Rates. Gold Purity is one of the essential things in the Gold Rate in Vijayawada. And the Gold Purity is in between 20-24 karat Golds. These Gold Rates are based on the Central Bank.

Gold as an Investment in Vijayawada 

Gold is used as an investment by many people. This Gold is used for various benefits. If the price of Gold is high, then the asset will increase, and you should sell Gold when the gold prices are high. There are other things like Gold Purity. The Purity of the Gold is between 20-24 karat Golds.

Gold Coins, Gold Bullions are the vast investments people can make. And Gold Ornaments and Gold Jewelry is some of the standard Gold Investments.

How Can You Make Gold Investments in Vijayawada 

You can make Gold Investments By, Gold Coins, Gold Bullions, Gold Ornaments and Gold Jewelry. Gold Coins and Gold Bullions are huge investments. In Gold Coins, the Purity of the Gold is high, and the Purity may range from 20-24 karat Golds. And in Gold Bullions is one of the huge investments.

In Gold Ornaments and Gold Jewelry, this is one of the standard Gold Investments. In this way, you can avail yourself the Gold Investments. These are some of the Gold Investments People can make.

Gold Schemes To Invest in Vijayawada 

The Gold Schemes to invest in is based on various factors. But before buying the Gold, you need to know the different things like the Gold Rates. If you can understand the Gold Rate in Vijayawada, you can avail yourself of the high Gold Rates with the best Gold. The Purity of the Gold is also one of the factors that you need to know.

Some Interesting Facts on Gold

Some of the interesting facts on Gold are:

  • It is Softer than Other metals.
  • It is ductile.
  • It becomes challenging to alloying.
  • It may break 1g of valuable metal.

Things to Consider Before Buying Gold Jewelry in Vijayawada 

There are many things you need to consider before buying Gold Jewelry. These include the Gold Purity, Gold weight, Gold Expenses and the Gold Certifications.

Gold Purity is also one of the essential things in Gold Jewelry. The Purity of the Gold may range from 20-24 karat Gold. If the Purity of the Gold is high, then you can avail of the high Gold Rates. The weight of the Gold also plays a role in the Gold Rate in Vijayawada. Apart from these, the Gold Expenses is also essential. There are many expenses in the Gold Jewelry. And apart from these, the Gold Certifications is also included.

Factors that Influence Gold Prices in Vijayawada 

Many factors influence Gold Prices. These include the Gold Purity. The Purity of the Gold Is also used in the Gold Prices. If the Purity of the Gold is high, then you can avail of the high Gold Rates. If the Rupee Value is high, then you can help with the high Gold Prices. In this way, these are some of the factors that influence Gold Prices.

KDM and Hallmarked Gold in Vijayawada 

In KDM Alloy, it has Gold, and the remaining other is of other things. This Gold is of 92% Purity, and the remaining items are of the remaining percentage. In this way, the KDM alloy is used.

In Hallmarked jewellery, you can use the Purity of the Gold. Apart from these, there are also other certifications. In this way, this Gold is used.

Understanding 916 Gold Price Today in Vijayawada 

916 Gold is known as the 22 karat Gold, and this 22 karat Gold is 92% Purity. These 916 Gold has various Gold Prices Today. And understanding the 916 Gold Price is very difficult, and many other factors affect the Gold Rate in Vijayawada. Gold Purity is also used for the Gold Prices. The Purity of the Gold is between 20-24 karat Gold. The 22 karat Gold is 92% purity, and the 24 karat Gold is 99% Purity.

These are some of the understanding of the 916 Gold Prices.

Best Place to Buy Gold in Vijayawada 

The best place to buy Gold is of Jewel Shops. But before availing of Gold, there are many other factors like the Gold Rates. By knowing the Gold Rates, you can avail yourself of the Gold Rate in Vijayawada. By using these Gold Rates, you can help the best Gold Rates with the Best Prices. You can know the Gold Prices by using the Newspapers and the online.

Buying a Gold Loan in Vijayawada 

Gold Loans are based on Gold. As the name suggests, Gold is used as security. In these Gold Loans, the Repayment systems are flexible. And the interest rates are low.

Apart from these, the Processing fee is also used in the Gold Loans.

What are the Advantages and Disadvantages of Sovereign Gold Bond Scheme

Advantages of Sovereign Gold Bond Scheme:

  • Demat and Paper form is used.
  • There are many benefits to the Bond Schemes.
  • There are also many securities in the Bond Scheme.
  • You can use it in Paper and Electric form.

Disadvantages of Sovereign Gold Bond Scheme:

  • no loss of investment
  • Investing in bonds might not work in these.

Gold Vs. Mutual Funds

MUTUAL FUNDS GOLD
Complicated
Less complicated
Greater market risk Involved
Based on global and few other factors it is easier to get a rough idea of the gold rates
Options to invest in Equity linked saving scheme (ELSS), Equity mutual funds, debt fund, liquid funds, etc.
Gold Funds and Gold ETFs
More opportunity cost
Less opportunity cost

Latest News on Gold Rate in Vijayawada 

2021-06-01:

Gold Price in Vijayawada Declines by 0.35%. The Gold Prices in Vijayawada is declining by 0.35%. And the Gold Prices are based on various factors like the Purity of the Gold. These Gold Purity also ranges from 20-24 karat Gold.

FAQs

 What is the Gold Rates for 1 Gram in Vijayawada?

The Gold Rate in Vijayawada for 1 Gram is 4935 rupees.

 What is the rate of 1 tola Gram Gold?

The rate of 1 tola Gram is 1567.

 What is the Gold Price for 24 Carat Golds?

For 24 carat Gold, the Gold Price is 4424.

 What is the Gold Rates for the 22 carat Golds?

The Gold Rate in Vijayawada for the 22 carat Gold is 3214.

About Vijayawada 

Vijayawada is located in Andhra Pradesh. Kanaka Durga Maha Lakshmi is famous in Vijayawada.

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