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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

Gold Rate in Vijayawada in last 12 months

Last 12 Months Highest Gold price (24 karat) Lowest Gold price (24 karat)
March 2022 Rs. 5,360 Rs. 5,027
February 2022 Rs. 5,068 Rs.4,740
January 2022 Rs.4,869 Rs.4,696
December 2021 Rs.4,826 Rs.4,697
November 2021 Rs.4,888 Rs.4,669
October 2021 Rs.4,765 Rs.4,601
September 2021 Rs.4,721 Rs.4,557
August 2021 Rs.4,775 Rs.4,592
July 2021 Rs.4,794 Rs.4,665
June 2021 Rs.4,862 Rs.4,610
May  2021 Rs.4,841 Rs.4,599
April 2021 Rs.4,736 Rs.4,437
March 2021 Rs.4,573 Rs.4,383

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.. మరింత చదవండి

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

మాకాంట్రాక్టర్మోసంచేయడంతోమాఇంటినిర్మాణంకోసంనేనుకొన్నినగలుఅమ్మాలనిఅనుకున్నాను. నేను ఓ ప్రభుత్వబస్సుపైఎమ్ జీ పీప్రకటనచూశాను. చాలాఇబ్బందుల్లోఉన్నానుకాబట్టివారినికలవాలనుకున్నాను. గతంలోనేనుబంగారంఅమ్మినప్పుడునాకుచేదుఅనుభవాలుఎదురయ్యాయి. కాని, ఎమ్ జీ పీసిబ్బందినాకుప్రతీప్రక్రియనుచక్కగావివరించారు. బంగారంవి.. మరింత చదవండి

బసవరాజు

ముత్తూట్గోల్డ్పాయింట్నునేనుఎప్పటికీమరిచిపోలేను. సకాలంలోగనకనాకుఎమ్ జీ పీగురించితెలియకపోయిఉంటే, నేనునాసర్వస్వంపొగొట్టుకునేవాడిని. కుటుంబఅవసరాలు, వ్యాపారానికిడబ్బుఅవసరంచాలాఉంటుంది. అలాంటిసమయంలోస్థలం, ఇల్లులేదావెండి, బంగారువస్తువులుఅమ్మగలిగితేసమస్యలనుంచిగట్టెక్కవచ్చు. నాఅనుభవంప్రకారంవెండి, బంగారంఎవరైన.. మరింత చదవండి

శ్రీనారాయణ్

మాపెద్దఅబ్బాయిఇంజినీరింగ్చివరిసంవత్సరంఫీజునేనుకట్టాలి. నాదగ్గరఅంతడబ్బులేదు. మనదగ్గరున్నబంగారు, వెండినాణేలుఅమ్మేద్దామనిమాఆవిడచెప్పింది. సరేననినేనుకొంతమందిస్థానికవ్యాపారులనుకలిశాను. వారుఇవ్వజూపినమొత్తంచూసినేనుషాక్కుగురయ్యాను. వారుబంగారంవిలువలోసగంకంటేతక్కువఇస్తామనిచెప్పారు. మాఆవిడస్నేహితురాలుఒకరుముత్.. మరింత చదవండి

విజయ్శర్మ

Amar Singh Testimonial on Muthoot Gold Point

మానాన్నకుఅత్యవసరంగాబైపాస్సర్జీరీచేయాల్సివచ్చింది. నాదగ్గరున్నఆభరణాలన్నింటినీనేనుఎమ్ జీ పీకితీసుకెళ్లాను. వారితోనేనుగతంలోనూలావాదేవీలుజరిపాను. పార్లర్ఏర్పాటుచేసేందుకునాలుగేళ్లకిందటమొదటిసారినేనువారిదగ్గరరుణంతీసుకున్నాను. అదృష్టవశాత్తునేను ఆ రుణంతిరిగిచెల్లించినాబంగారాన్నితిరిగితెచ్చుకున్నాను. మానాన్న.. మరింత చదవండి

అమర్సింగ్

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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