Today Gold Rate per Gram in Vijayawada

Before venturing out to sell your gold, it is important for you to know and understand today’s gold rate per gram in Vijayawada. Since the rate is dynamic, researching the rates on the day of the sale is imperative

Historical Price of Gold in Vijayawada

There has been a long-standing tradition of investing in Gold in Vijayawada. The market price has been affected by several domestic and international factors over the years.

Factors Affecting Gold Rate in Vijayawada

Gold rate in Vijayawada is affected by several domestic and international factors including crude oil prices and economic conditions. Here are some of them in detail:

  1. Inflation: Market fluctuations are an intrinsic factor in deciding the gold price in Vijayawada. As the demand increases, the price of gold in Vijayawada, like the rest of India, rises according to the rate of inflation.
  2. Gold Reserves: The Reserve Bank of India holds gold reserves in the country. An influx in gold reserves is an indicator of an increased inflow of cash in the domestic market. This affects the price of gold in Vijayawada significantly.
  3. Gold Market: Indians have a history and tradition of investing in gold jewellery, coins, etc. This causes heavy shifts in the demand and supply of gold, affecting its price. For example, during the wedding season, the demand for gold is high, so the price increases if the supply is short.

How to Sell Old Gold Jewelry for Cash in Vijayawada ?

Muthoot Gold Point offers a convenient and transparent platform for its customers to sell their gold for instant cash. Selling gold jewellery with Muthoot Gold Point involves the following steps:

Step 1: Customers visit their nearest Muthoot Gold Point branch and get their gold evaluated.

Step 2: The gold jewellery is cleaned thoroughly with ultrasonic machines to remove any dirt. This process is done in front of the customer.

Step 3: The value, weight and purity of gold is checked on XRF machines before the customer.

Step 4: Based on the value, weight and purity of the gold, it is evaluated as per the current market rate of gold in Vijayawada.

Step 5: If the customer is satisfied with the evaluation, they can hand over the gold to the representative. Muthoot Gold Point offers instant cash up to Rs 10000. If the amount is above Rs 10,000, the amount is transferred to the customer’s bank account.

Browse Gold Rate in Other Locations: Gold Rate in Trichy, Gold Rate in Madhya Pradesh, Gold Rate in Indore, Gold Rate in Bangalore, Gold Rate in Andhra Pradesh, Gold Rate in Coimbatore, Gold Rate in Vizag

Vidya Balan with Muthoot Gold Point
Muthoot Gold Point Logo

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.

More then 4,200 Branches across India

Over 4,200 Branches across India

132 + years of Legacy

133+ years of legacy

Over 24,000 Employees Serving Millions of Customer

Over 24,000 employees serving millions of customer

Walk in of over 1,00,000 Customers Per Day

Walk in of over 1,00,000 customers per day

Sachi Jonega Testimonials on Muthoot Gold Point

My mother and I have sold some very old gold over the past few months to three different organizations. One was a branch of an old established famous Jeweller in Mumbai while two were only buyers of gold. Of these, our experience with Muthoot Gold Point has been by far the best. We were impress.. আরও পড়ুন

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

আমি আমার বাড়ি নির্মাণের জন্য কিছু গহনা বিক্রি করতে চেয়েছিলাম - আমার ঠিকাদার আমাদের প্রতারণা করেছিল। আমি একটি সরকারী বাসে এমজিপি বিজ্ঞাপনটি দেখলাম এবং আমার খুব প্রয়োজন হওয়ায় তাদের সাথে দেখা করার সিদ্ধান্ত নিই। আমার এর আগে সোনা বিক্রি করার অভিজ্ঞতা ভাল ছিল না। তবে, এমজিপি-র বিক্রয়কর্মীরা বসে ত.. আরও পড়ুন

বাসবারাজু

Shri Narayan Testimonials on Muthoot Gold Point

আমি কখনই মুথুট গোল্ড পয়েন্টকে ভুলতে পারিনা। আমি যদি সঠিক সময়ে এমজিপি সম্পর্কে জানতে না পারতাম তবে আমাকে হয়ত সবকিছু হারাতে হতে পারত। পরিবার এবং ব্যবসার ক্ষেত্রে, যখন আপনার সবচেয়ে বেশি প্রয়োজন হয় তখনই আপনার কাছে অর্থ কম থাকে। এইসময়ে, যদি আপনার জমি, বাড়ি বা রুপো ও সোনা বিক্রি করার সুযোগ থাকে ত.. আরও পড়ুন

শ্রীনারায়ণ

আমি আমার বড় ছেলের ইঞ্জিনিয়ারিং কলেজের জন্য গত বছরের ফি দিতে চেয়েছিলাম, কিন্তু আমার কাছে পর্যাপ্ত টাকা ছিল না। আমার স্ত্রী আমাকে বছরের পর বছর ধরে যেসমস্ত রৌপ্যমুদ্রা এবং সোনার গহনা সংগ্রহ করেছিলেন তা বিক্রি করতে বলেছিলেন। আমরা স্থানীয় কয়েকটি দোকানে যাই আর অত্যন্ত হতবাক হয়ে যাই- ওরা সোনার মূল্যের.. আরও পড়ুন

বিজয় শর্মা

Amar Singh Testimonial on Muthoot Gold Point

আমার বাবার যখন জরুরি বাই-পাসের দরকার হয়েছিল তখন আমি আমার সমস্ত গহনাগুলি সরাসরি এমজিপিতে নিয়ে গিয়েছিলাম। আমি এর আগেও তাদের সাথে ডিল করেছি। চার বছর আগে আমার পার্লার স্থাপনের জন্য তাদের কাছ থেকে আমি প্রথমবার ঋণ নিয়েছিলাম। ভাগ্যক্রমে, আমি টাকাটি শোধ করতে এবং আমার সোনাও ফিরে পেয়েছিলাম। ডাক্তার আমাক.. আরও পড়ুন

অমর সিং

Frequently Asked Questions


1. What is the Price of KDM 916 Gold in Vijayawada Today?

916 Hallmarked gold jewellery means that the gold has a 91.6 percent purity. This is the highest level of purity available for gold since it is required to be mixed with alloy. You can check the rate of KDM 916 gold in Vijayawada above.

2. What is the Best Way to Sell Old Gold Jewelry for Best Price in Vijayawada?

The best way to sell old gold jewellery in Vijayawada is through Muthoot Gold Point. Muthoot Gold Point offers the best rate for gold in the market. They follow a scientifically tested methodology which involves cleaning, evaluating and weighing the gold with technologically advanced tools. The entire process is transparent and seamless for the convenience of customers. They can hand over the gold and take home cash instantly.

3. Why is Gold a Good Investment in Vijayawada?

Gold is a historically preferred investment option in Vijayawada. It is easy to invest and liquidate. Gold owners can easily walk up to a gold trader and exchange it for cash without any hassles. It has strong sustenance against inflation and is a great investment option for wealth creation.

4. How does QE Impact Gold Prices in Vijayawada Today?

Quantitative easing or QE is a monetary policy through which central banks buy long term securities. Quantitative Easing affects the value of currency significantly, which releases more money in the hands of the consumers. There is a spurt in the demand for gold in such a case, which leads to higher price of gold in Vijayawada due to shortage of supply.

5. Is Inflation a Big Determinant of Gold Rates in Vijayawada ?

Yes, inflation is a great determinant of gold price per gram in Vijayawada. As the demand increases, the price of gold in Vijayawada, like the rest of India, rises according to the rate of inflation.

6. Will the Gold Price in Vijayawada Keep Changing?

Yes, the gold price in Vijayawada is subject to changes according to fluctuations in market, tariffs and duties, crude oil prices, etc. Hence, it will keep changing.

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