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Today Gold Rate per Gram in Vizag

Visakhapatnam, also popularly known as Vizag, is the largest city in Andhra Pradesh and one of the four cities of Andhra Pradesh selected under the Smart Cities Mission by the Government of India.

Gold Rate in Vizag in last 12 months

Last 12 Months Highest Gold price (24 karat) Lowest Gold price (24 karat)
September 2022 Rs.5,246 Rs.5,188
July 2022 Rs.5,395 Rs.5,174
June2022 Rs.5,344 Rs.5,210
May 2022 Rs.5,316 Rs.5,182
April 2022 Rs.5,533 Rs.5,317
March 2022 Rs.5,536 Rs.5,248
February 2022 Rs.5,382 Rs.4,952
January 2022 Rs.5,044 Rs.4,905
December 2021 Rs.5,023 Rs.4,903
November 2021 Rs.5,105 Rs.4,898
October 2021 Rs.4,967 Rs.4,784
September 2021 Rs.4,894 Rs.4,730

Lovingly called the ‘Jewel of the East Coast’, the city is the hub of economic activities in the state and is a major contributor to the country’s GDP. It boasts of the fifth-busiest cargo port in the country and premium educational institutions like the IIM. Visakhapatnam is also a popular tourist destination with beautiful beaches, ancient Buddha sites, and the stunning Eastern Ghats.

Visakhapatnam has several options where a person can buy and sell gold for cash.

Factors affecting gold price today in Visakhapatnam

Today gold rate in Vizag is affected by several domestic and international factors.

  1. Inflation: The demand for gold increases when there is an increase in inflation. When inflation is high, investors prefer to invest in gold over other financial instruments like stocks and currency. It results in high demand for gold in the retail market. The increased demand results in a higher price of gold for the customers.
  2. Government gold reserves: The Reserve Bank of India has a mandate for holding currency and gold reserves. When RBI starts holding more gold in its reserve, the supply of gold for retail customers decreases, and gold price increases in the market.
  3. Global movement: The change in the global price of gold affects the cost of importing gold to a country. When gold imports become costlier, the price of gold in the consumer market also increases.
  4. Seasonal demand: The demand for gold increases among retail consumers during festivals and the wedding season. Such an occasional rise in demand leads to a rise in gold prices in those periods.

How to sell gold for cash in Visakhapatnam

Muthoot Gold Point is the preferred name for gold sellers in Visakhapatnam and other cities across the country. Customers can sell their gold at Muthoot Gold Point using the following steps:

  • Visit the nearest Muthoot Gold Point branch and give the gold items for valuation.
  • The gold items are cleaned using ultrasonic machines.
  • Then the gold is weighed and valued using advanced XRF machines.
  • The customer can see the entire process of cleaning, weighing, and valuing the gold which ensures transparency.
  • Muthoot Gold Point values the gold as per the current gold price in Visakhapatnam.
  • The seller gets instant cash or fund transfer for his gold.

Visit the nearest branch of Muthoot Gold Point today to get the best value on your old gold.

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

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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.. 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

Shri Narayan Testimonials on Muthoot Gold Point

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

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    Muthoot Gold Point Branch Locations

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

    • Bengaluru
    • Chennai
    • Coimbatore
    • Delhi
    • Ernakulam
    • Gurgaon
    • Kolkata
    • Madurai
    • Mumbai
    • Noida
    • Vijayawada
    • Pune
    • Hyderabad
    • Indore
    • Vizag

    Bengaluru

    Sell Gold for Cash in Bengaluru at Muthoot Gold Point

    No. 14, Sri Ramula Arcade, Jewellers Street, Near Commercial Street Police Station,
    Bengaluru - 560001, Tel: 804-2351234 & 9072031234

    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

    Gurgaon

    Sell Gold for Cash in Gurgaon at Muthoot Gold Point

    1st Floor, Door No. - SCF-27, Sector-14, Near Haldiram Restaurant, Gurgaon, Haryana - 122001,
    Tel: 9072001693 & 0124 – 4386468 Email: gurgaon@muthootexim.com

    Pune

    Sell Gold in Pune at Muthoot Gold Point

    Muthoot Gold Point 351 Narayan Peth, Near Vijay Talkies, Laxmi Road Pune 411030
    Contact Number : Mobile 9072001375 / Landline : 020-24480688 Email: pune@muthootexim.com

    Hyderabad

    Sell Gold in Hyderabad at Muthoot Gold Point

    Muthoot Gold Point, Door No. 5-1-64/7, 1st Floor, Near Metro Pillar no. A 825, Opp Kukatpally
    Police Station, Kukatpally - Hyderabad 500072, Telangana
    Contact Number : Mobile 9072001374 / Landline : 040-23060504 Email: kukatpalli@muthootexim.com

    Indore

    Sell Gold in Indore at Muthoot Gold Point

    UG – 4/15, Bansi Trade Centre, Roshan Singh Bhandari Marg, MG Road, Indore – 452001.
    Contact Number : Mobile 9072002088 / Landline : 0731-3500113 Email: indore@muthootexim.com

    Vizag

    Sell Gold in Vizag at Muthoot Gold Point

    Muthoot Gold Point, Ground Floor, Door no. 47-15-4, Gurbang Complex, OPP: Gupta Bro’s (Books), Diamond Park Road,
    Dwarkanagar, Visakhapatnam-530016.
    Contact Number : Mobile 9072002093 / Landline : 0891 -2552093 Email: vizag@muthootexim.com