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  • Gold Rate In Kakinada

    Daily Gold Rates
    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    21 Oct 2016 ₹ 2,840 ₹ 22,720 ₹ 3,037 ₹ 24,296
    20 Oct 2016 ₹ 2,855 ₹ 22,840 ₹ 3,053 ₹ 24,424
    19 Oct 2016 ₹ 2,833 ₹ 22,664 ₹ 3,030 ₹ 24,240
    18 Oct 2016 ₹ 2,829 ₹ 22,632 ₹ 3,026 ₹ 24,208
    17 Oct 2016 ₹ 2,827 ₹ 22,616 ₹ 3,023 ₹ 24,184
    16 Oct 2016 ₹ 2,825 ₹ 22,600 ₹ 3,021 ₹ 24,168
    15 Oct 2016 ₹ 2,825 ₹ 22,600 ₹ 3,021 ₹ 24,168
    14 Oct 2016 ₹ 2,833 ₹ 22,664 ₹ 3,030 ₹ 24,240
    13 Oct 2016 ₹ 2,840 ₹ 22,720 ₹ 3,037 ₹ 24,296
    12 Oct 2016 ₹ 2,838 ₹ 22,704 ₹ 3,035 ₹ 24,280

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Gold Rate In Kakinada

    Kakinada is a city located in the state of Andhra Pradesh, India. It is also the 4th most populous city of Andhra Pradesh. Kakinada is very close to the second largest mangrove forest in India and also the Coringa Wildlife Sanctuary. The economy in Kakinada revolves mainly around the textile industry, fishing, agricultural and steel related supplementary units. It also houses the second largest port in the country. Seafood products, processed food, iron ore, bauxite powder and biofuel are some of the important export products in Kakinada. The yellow metal has quite a following in Kakinada even though it is seen as more of a commodity rather than an investment in Kakinada.

    Gold Rate Trend in Kakinada for April 2016 to June 2016 (per gram of 24 karat gold)

    Factor April May June
    1st day Rs. 2,894 per gram Rs. 3,069 per gram Rs.2,918 per gram on June 1st
    Last day Rs. 3,069 per gram Rs. 2,916 per gram Rs.3,103 per gram on 30th of June
    Highest price Rs. 3,069 per gram on April 30th Rs. 3,069 on May 1st Rs.3,165 per gram on 25th and 26th of June
    Lowest price Rs. 2,876 per gram on April 4th Rs. 2,900 on May 30th Rs.2,911 per gram on June 3rd
    Trend Increase Decrease Rising
    Change +6.04% -4.98% +6.33%

    Gold Rate Trend in Kakinada in April 2016

    • As the jewellers’ strike continued, gold traded at a low Rs. 2,894 per gram.
    • The strike was finally called off in April, leading to the markets gaining its strength back.
    • April closed with the highest rate of the month at Rs. 3,069 per gram.
    • The overall increase for the month was 6.04%.

    Gold Rate Trend in Kakinada in May 2016

    • May started well at Rs. 3,069 per gram. This was the highest price gold traded at for May.
    • The month witnessed a declining trend in gold rates as the expectations of a Fed rate hike grew.
    • The prices hit the lowest for the month on May 30th at Rs. 2,900.
    • The prices dropped by 4.98% ending the month at Rs. 2,916 per gram.

    Gold Rate Trend of Kakinada in June 2016

    • Gold opened the month at Rs.2,918 per gram on the 1st of June.
    • Gold hit the lowest for the month at Rs.2,911 per gram on the 3rd of June.
    • Gold scored the highest for the month on 25th and 26th of June at Rs.3,165 per gram.
    • Gold closed the month at Rs.3,103 per gram on the 30th of June.

    Gold Rate Trend in Kakinada for January 2016 to March 2016 (per gram of 24 karat gold)

    Factor January February March
    1st day Rs. 2,541 per gram Rs. 2,714 per gram Rs. 2,994 per gram
    Last day Rs. 2,710 per gram Rs. 2,964 per gram Rs. 2,883 per gram
    Highest price Rs. 2,727 per gram on January 28th Rs. 2,987 per gram on February 28th. Rs. 2,991 per gram on March 6th to 13th
    Lowest price Rs. 2,538 per gram on January 2nd. Rs. 2,714 per gram on February 1st Rs. 2,871 per gram on March 28th
    Trend Increase Increase Decrease
    Change +6.65% +9.21% -3.07%

    Gold Rate Trend in Kakinada in January 2016

    • The month of January started off well with an inclining trend.
    • Fluctuations took place through the month but the highest rise was Rs. 2,727 per gram.
    • Gold traded at Rs. 2,710 per gram towards the end of the month.
    • There was an increase of 6.65% in the rates for January.

    Gold Rate Trend in Kakinada in February 2016

    • Entering February, the prices rose marginally from the end of January.
    • The month began at Rs. 2,714 per gram.
    • Gold rose moderately through the month marking an overall progress of 9.21%.

    Gold Rate Trend in Kakinada in March 2016

    • Stable demand allowed gold rates to return to a stable place in March, opening at Rs. 2,994
    • Rates were forced to stay constant due to a nationwide jewellers’ strike.
    • The highest rate recorded was Rs. 2,991 per gram on March 6th to 13th.
    • However, rates declined as the month progressed, closing at Rs. 2,883 per gram.

    Gold rate in Kakinada

    The rate of gold depends on various factors such as demand and supply, inflation, value of the dollar and much more. The price of gold mainly depends on the quality of gold and the weight of gold. For example, the price for 22 karat gold will not be as same as the price for 24 karat gold as the 24 karat gold is much more purer. Given below is the price of gold for 22 karat and 24 karat in Kakinada.

    Gold rate for 22 karat

    Weight of 22 karat gold

    Price for 22 karat gold

    1 gram


    10 gram

    Rs. 27,750

    100 gram

    Rs. 2,77,500

    1 kg

    Rs. 27,75,000

    Gold rate for 24 karat

    Weight of 24 karat gold

    Price for 24 karat gold

    1 gram

    Rs. 2,969

    10 gram

    Rs. 29,690

    100 gram

    Rs. 2,96,900

    1 kg

    Rs. 29,69,000

    Gold investments in Kakinada

    There are different ways in which one can invest in gold. Listed below are some of the popular types of gold investments in Kakinada.

    • Gold jewelry-Gold jewelry and ornaments is one of the most popular form of gold investments in Kakinada. The price of a piece of gold jewelry includes many other charges such as making charge, wastage charge, weight of gold, and the price of gold. There are numerous shops in Kakinada that deal in gold jewelry.
    • Gold bullion- Gold bullion is one of the best ways to invest in gold owing to the low cost and high liquidity.
    • Gold trade-Though investing in gold market trade is not the most popular form of gold investments in Kakinada, it is gaining its own set of customers. One can invest in Gold ETFs, gold futures and much more through this investment.

    Also Check Gold Price in NearBy Cities of Kakinada

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