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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.

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

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.. read more

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

I wanted to sell some gold jewellery to pay for the construction of my house – my contractor had cheated us. I saw the MGP advertisement on a government bus and decided to meet them as I was in great need. My earlier experience of selling the gold had not been good. But, the salesperson at MGP sat.. read more

Basvaraju

I can never forget Muthoot Gold Point. If I had not come to know about MGP at the right time, I could have lost everything. In family and business, money is tight, when you need it the most. At these times, if there is a provision to sell your gold, plot of land, house and silver, then you can mee.. read more

Srinarayan

I was looking to pay the last year’s fee for my eldest son’s engineering college, I did not have enough money. My wife asked me to sell all our gold jewellery and coins we had collected over the years. I went to some local jewellers and was shocked – they offered less than half of the value of the.. read more

Vijay Sharma

Amar Singh Testimonial on Muthoot Gold Point

When my father needed an emergency by-pass, I took all the jewellery and sold gold for cash, I had to MGP, straight away. I had dealt with them earlier also. The first time I took a loan was from them to set up my parlor four years ago. Luckily, i w.. read more

AMAR SINGH

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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    Muthoot Gold Point Branch Locations

    Visit Any of Our Branches to Sell Your Gold for Instant Cash

    • Ahmedabad
    • Bangalore
    • Berhampur
    • Chennai
    • Coimbatore
    • Delhi
    • Ernakulam
    • Kolkata
    • Madurai
    • Mumbai
    • Noida
    • Trichy
    • Vijayawada

    Ahmedabad

    Sell Gold in Ahmedabad at Muthoot Gold Point

    4701 Vishal Commercial Centre Beside Jyoti Sangh Building, Opp. Axis Bank,
    Patharkuva, Relief Road, Ahmedabad Gujarat 380001 India Phone: 079-26442112

    Bangalore

    Sell Gold for Cash in Bangalore at Muthoot Gold Point

    No. 14, Sri Ramula Arcade, Jewellers Street, Near Commercial Street Police Station,
    Bengaluru - 560001, Tel: 804-2351234

    Chennai

    Cash for Gold in Chennai at Muthoot Gold Point

    First Floor,Door No:214/9,Madley Road, Opp.T Nagar Bus Stand,
    T Nagar, Chennai, Tamil Nadu- 600017, Tel: +9144- 24366336

    Coimbatore

    Cash for Gold in Coimbatore at Muthoot Gold Point

    Ground Floor, Door No 323, NTR Complex, Raja Street,
    Coimbatore, Tamil Nadu 641001. Tel: +91422 2381234

    Madurai

    Sell Gold for Cash in Madurai at Muthoot Gold Point

    Ground Floor, Door No.27 A, Thottian Kinatru Street,
    Opposite Maravar Chavadi Pillaiyar Kovil Madurai Tamil Nadu 625001 India Phone: 0452-2350500

    Mumbai

    Sell Gold for Cash in Mumbai at Muthoot Gold Point

    To schedule a visit at your doorstep, please call us on given phone numbers -

    Phone: 7356534111/7034431122
    Email: mumbaimobilemgp@muthootexim.com

    Noida

    Sell Gold for Cash in Noida at Muthoot Gold Point

    Ground Floor, Plot No. 21, Block F, Sector 18 Gautam Budh Nagar Noida, Uttar Pradesh 201303

    Phone: 0120 429 6661

    Trichy

    Sell Gold in Trichy at Muthoot Gold Point

    1st Floor, Old No.25, New No.5 Opposite Axis bank Rock Fort Branch,
    Chinnakadai Street Trichy Tamil Nadu 620002 India Phone: 0431-2702200

    Delhi

    Cash for Gold in Delhi at Muthoot Gold Point

    Ground Floor, Shop No.5, Plot No – 2652/53,Stuti Building, Bank Street,
    Karol Bagh, Delhi 110005 Tel: +91 11 45539686

    Kolkata

    Sell Gold for Cash in Kolkata at Muthoot Gold Point

    Ground floor, 43 Ashutosh Mukherjee Road, Bhowanipur, Kolkata-700025,
    Near Netaji Bhavan Metro Station. Tel: +91-33-24868222, E-mail: bhowanipur@muthootexim.com

    Vijayawada

    Sell Gold in Vijayawada at Muthoot Gold Point

    Ground floor, Door No–27-14-59, Rajagopalachari Street ( East), Governorpet,
    Vijayawada – 520002, Andhra Pradesh. Tel: 0866-2973535

    Ernakulam

    Sell Gold in Ernakulam at Muthoot Gold Point

    Door No. 66/5410, First Floor, AVS , Building, M.G.Road, Near metro pillar no. 662
    Ernakulam Kerala 682035 India Phone: 0484 4862677 Email: ernakulam@muthootexim.com

    Berhampur

    Cash for Gold in Berhampur at Muthoot Gold Point

    Anand Bazar Complex , Near Punjab National Bank,Sano Bazar Berhampur,
    Ganjam Odisha 760002 India Phone: 0680-2251771