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.. மேலும் படிக்க

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

நான் எனது வீட்டின் கட்டுமானத்துக்குத் தேவையான பணத்துக்காக -எனது காண்ட்ராக்டர் எங்களை ஏமாற்றி இருந்தார் - சில நகைகளை விற்க விரும்பினேன். ஒரு அரசுப் பேருந்தில் எம். பி.ஜி -யின் விளம்பரத்தைப் பார்த்த நான், அதிகமான தேவையுடன் இருந்ததால் அவர்களைச் சந்திக்க முடிவு செய்தேன். இதற்கு முன்னர் தங்கத்தை விற்பன.. மேலும் படிக்க

பசவராஜு

Shri Narayan Testimonials on Muthoot Gold Point

முத்தூட் கோல்டு பாயிண்ட்டை என்னால் எப்போதும் மறக்க முடியாது. சரியான நேரத்தில் எம்.பி.ஜி -யைப் பற்றி எனக்குத் தெரியாமல் போயிருந்தால், நான் எல்லாவற்றையும் இழந்திருப்பேன். குடும்பம் மற்றும் வியாபாரத்தில், உங்களுக்குப் பணம் மிகவும் தேவையாக இருக்கும் பொழுது, அது தட்டுப்பாடாக இருக்கிறது. அது போன்ற நேரங்.. மேலும் படிக்க

ஸ்ரீநிவாசன்

நான் என்னுடைய மூத்த மகனின் கடைசி வருட பொறியியல் கல்லூரி கட்டணத்தைக் கட்ட வேண்டி இருந்தது, என்னிடம் போதுமான அளவு பணம் இல்லை. நாங்கள் பல வருடங்களாக சேர்த்து வைத்திருந்த வெள்ளி நாணயங்கள், மற்றும் தங்க நகைகளை விற்பனை செய்யுமாறு என்னுடைய மனைவி என்னிடம் கூறினார். நான் சில உள்ளூர் கடைகளுக்கு சென்ற பின்னர.. மேலும் படிக்க

விஜய் ஷர்மா

Amar Singh Testimonial on Muthoot Gold Point

என்னுடைய அப்பாவுக்கு அவசரமாக பை-பாஸ் சிகிச்சை செய்ய வேண்டியிருந்த போது, நான் உடனே அனைத்து நகைகளையும் எடுத்துக் கொண்டு எம்.பி.ஜி -க்கு சென்றேன். நான் ஏற்கனவே அவர்களிடம் பரிவர்த்தனை செய்துள்ளேன். நான் அவர்களிடம் முதன் முறையாகக் கடன் பெற்றது, நான்கு வருடங்களுக்கு முன்னர் என்னுடைய அழகு நிலையத்தைத் தொட.. மேலும் படிக்க

அமர் சிங்

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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