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

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.. ಮತ್ತಷ್ಟು ಓದಿ

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

ನನ್ನ ಮನೆಯ ನಿರ್ಮಾಣಕ್ಕಾಗಿ ಪಾವತಿಸಲು ನಾನು ಕೆಲವು ಆಭರಣಗಳನ್ನು ಮಾರಾಟ ಮಾಡಲು ಬಯಸಿದ್ದೆ - ನನ್ನ ಗುತ್ತಿಗೆದಾರ ನಮಗೆ ಮೋಸ ಮಾಡಿದ್ದ. ನಾನು ಸರ್ಕಾರಿ ಬಸ್‌ನಲ್ಲಿ ಎಂಜಿಪಿ ಜಾಹೀರಾತನ್ನು ನೋಡಿದೆ ಮತ್ತು ನನಗೆ ಹೆಚ್ಚಿನ ಅಗತ್ಯವಿರುವುದರಿಂದ ಅವರನ್ನು ಭೇಟಿ ಮಾಡಲು ನಿರ್ಧರಿಸಿದೆ. ಚಿನ್ನವನ್ನು ಮಾರಾಟ ಮಾಡಿದ ನನ್ನ ಹಿಂದಿನ ಅನುಭವ ಉತ್ತಮವಾಗಿರಲಿಲ್ಲ. ಆದರೆ, ಎ.. ಮತ್ತಷ್ಟು ಓದಿ

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Shri Narayan Testimonials on Muthoot Gold Point

ಮುತ್ತೂಟ್ ಗೋಲ್ಡ್ ಪಾಯಿಂಟ್ ಅನ್ನು ನಾನು ಎಂದಿಗೂ ಮರೆಯಲು ಸಾಧ್ಯವಿಲ್ಲ. ನಾನು ಸರಿಯಾದ ಸಮಯದಲ್ಲಿ ಎಂಜಿಪಿ ಬಗ್ಗೆ ತಿಳಿದುಕೊಂಡಿರಲಿಲ್ಲವೆಂದಿದ್ದರೆ, ನಾನು ಎಲ್ಲವನ್ನೂ ಕಳೆದುಕೊಳ್ಳುತ್ತಿದ್ದೆ. ಕುಟುಂಬ ಮತ್ತು ವ್ಯವಹಾರದಲ್ಲಿ, ನಿಮಗೆ ಹೆಚ್ಚು ಅಗತ್ಯವಿರುವಾಗ ಹಣವು ಬಿಗಿಯಾಗಿರುತ್ತದೆ. ಈ ಸಮಯದಲ್ಲಿ, ನಿಮ್ಮ ಜಮೀನು, ಮನೆ ಅಥವಾ ಬೆಳ್ಳಿ ಮತ್ತು ಚಿನ್ನವನ್ನು ಮಾ.. ಮತ್ತಷ್ಟು ಓದಿ

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Amar Singh Testimonial on Muthoot Gold Point

ನನ್ನ ತಂದೆಗೆ ತುರ್ತು ಬೈ-ಪಾಸ್ ಅಗತ್ಯವಿದ್ದಾಗ, ನನ್ನ ಬಳಿಯಿದ್ದ ಎಲ್ಲಾ ಆಭರಣಗಳನ್ನು ನಾನು ನೇರವಾಗಿ ಎಂಜಿಪಿಗೆ ತೆಗೆದುಕೊಂಡು ಹೋದೆ. ನಾನು ಮೊದಲೇ ಅವರೊಂದಿಗೆ ವ್ಯವಹರಿಸಿದ್ದೆ. ನಾಲ್ಕು ವರ್ಷಗಳ ಹಿಂದೆ ನನ್ನ ಪಾರ್ಲರ್ ಸ್ಥಾಪಿಸಲು ನಾನು ಮೊದಲ ಬಾರಿಗೆ ಸಾಲ ತೆಗೆದುಕೊಂಡೆ. ಅದೃಷ್ಟವಶಾತ್, ನಾನು ಹಣವನ್ನು ಮರುಪಾವತಿಸಲು ಮತ್ತು ನನ್ನ ಚಿನ್ನವನ್ನು ಮರಳಿ ಪಡೆಯಲ.. ಮತ್ತಷ್ಟು ಓದಿ

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