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  • Gold Rate In Kurnool

    Daily Gold Rates
    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    07 Dec 2016 ₹ 2,738 ₹ 21,904 ₹ 2,894 ₹ 23,152
    06 Dec 2016 ₹ 2,735 ₹ 21,880 ₹ 2,893 ₹ 23,144
    05 Dec 2016 ₹ 2,735 ₹ 21,880 ₹ 2,893 ₹ 23,144
    04 Dec 2016 ₹ 2,762 ₹ 22,096 ₹ 2,890 ₹ 23,120
    02 Dec 2016 ₹ 2,767 ₹ 22,136 ₹ 2,895 ₹ 23,160
    01 Dec 2016 ₹ 2,765 ₹ 22,120 ₹ 2,893 ₹ 23,144
    30 Nov 2016 ₹ 2,811 ₹ 22,488 ₹ 2,942 ₹ 23,536
    29 Nov 2016 ₹ 2,815 ₹ 22,520 ₹ 2,946 ₹ 23,568
    28 Nov 2016 ₹ 2,820 ₹ 22,560 ₹ 2,951 ₹ 23,608
    27 Nov 2016 ₹ 2,805 ₹ 22,440 ₹ 2,936 ₹ 23,488

    *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.

    Kurnool is situated in Andhra Pradesh and is also known as the ‘Gateway to Rayalaseema’. It was the capital of Andhra Pradesh from 1953 to 1956. It is the fifth most populated city according to a census conducted in 2011. The place is home to many beautiful temples and caves which serve as a tourist attraction. The place is also well known for its mineral sources including iron ore, limestone, quartz, dolomite and silica. Another metal that is quite popular in Kurnool is gold. Just like people in every other part of India, people in Kurnool are obsessed with gold and consider it as an investment as well as a commodity. Gold jewelry and other investments in gold are equally popular in Kurnool.

    Gold rate in Kurnool

    The price of gold is usually measured in grams. The price of gold is decided based on many factors amongst which the quality of gold plays a deciding factor. The price for 22karat gold differs from the price offered on 24 karat gold which is considered to be the purest form of gold for jewelry making. Given below is the price for 22 karat as well as 24 karat gold in Kurnool.

    =Gold Rate Trend in Kurnool for July 2016 to September 2016 (per gram of 24 karat gold)

    Factor July August September
    1st day Rs.3,127 per gram Rs.3,215 per gram Rs.3,132 per gram
    Last day Rs.3,214 per gram Rs.3,148 per gram Rs.3,169 per gram
    Highest price Rs.3,214 per gram on 30th and 31st July Rs.3,215 per gram on 1st August Rs.3,195 per gram on 8th September
    Lowest price Rs.3,115 per gram on 21st July Rs.3,148 per gram on 31st August Rs.3,132 per gram on 1st September
    Trend Increase in price Decrease in price Increase in price
    Change +2.78% -2.08% +1.81%

    Gold Rate Trend in Kurnool for July 2016

    • The price of gold was Rs.3,127 per gram at the start of the month and fell slightly as the week progressed due to muted demand.
    • Prices rose in the second week as demand rose marginally, with gold reaching Rs.3,179 per gram on 7th July.
    • The price fell due to demand dropping as currency markets stabilised and domestic demand dropped.
    • Gold traded at Rs.3,133 per gram on 15th July as prices continued to fall due to a drop in demand.
    • Prices rose slightly to Rs.3,136 per gram on 22nd July before prices dipped as international markets strengthened and domestic demand fell.
    • Prices rose in the last week as stocks fell, with gold trading at Rs.3,214 per gram.

    Gold Rate Trend in Kurnool for August 2016

    • Gold traded at Rs.3,215 per gram in the first week, with prices fluctuating to close at Rs.3,171 per gram at the end of the week.
    • Prices fell marginally in the second week to Rs.3,160 per gram on 9th August due to a drop in demand both domestically as well as internationally.
    • There was a slight rise in price, with gold trading at Rs.3,181 per gram on 15th August due to a spike in demand and prices rising throughout the week.
    • Gold traded at Rs.3,182 per gram in the last week, but a strong market led to the price falling to Rs.3,148 per gram at the end of the month.

    Gold Rate Trend in Kurnool for September 2016

    • Gold traded at Rs.3,132 per gram at the start of the week, with prices rising to Rs,3,150 per gram on 4th September on strong domestic demand.
    • Prices rose to Rs.3,193 per gram on 8th September as demand from jewellers for the festive season pushed up prices.
    • The third week saw gold trade at Rs.3,160 per gram on 14th September as demand was muted due to a resurgent stock market.
    • Prices continued to slide, with gold trading at Rs.3,157 per gram on 22nd September, but recovered as the week progressed.
    • The last week saw gold trade at Rs.3,169 per gram.

    Gold Rate Trend in Kurnool 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
    Last day Rs. 3,069 per gram Rs. 2,916 per gram Rs.3,013 per gram
    Highest price Rs. 3,069 per gram on April 30. Rs. 3,073 per gram on May 7. Rs.3,180 per gram on 27th June
    Lowest price Rs. 2,894 per gram on April 1. Rs. 2,900 per gram on May 30. Rs.2,911 per gram on 3rd June
    Trend Rise Decline Rise
    Change +6.04% -4.98% +3.25%

    Gold Rate Trend in Kurnool in April 2016

    • Gold rates were quite high during the month of April and traded at Rs. 3,069 at the end of the month which was also the highest for April.
    • A rise in gold price of 6.04% was witnessed as the month progressed.

    Gold Rate Trend in Kurnool in May 2016

    • Gold traded at Rs. 3,069 per gram on the first day of the month which was also one of the highest.
    • Although the price of gold increased for a few days, it began to decline over the course of the month.
    • A decline of 4.98% was noted in the price of the gold by the end of the month.

    Gold Rate Trend of Kurnool in June 2016

    • Gold rate was quite stable throughout the month with minor variations in certain weeks.
    • The exit of Britain from the European Union resulted in investors rushing to buy gold amidst fear of global economic uncertainty, resulting in an increase in gold rates.
    • There was a rise of 3.25% noted in the price of gold as the month ended.
    • The lowest at which gold traded at was on the 3rd of June at Rs.2,911 per gram.

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

    Factors 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 28. Rs. 2,987 per gram on February 26. Rs. 2,994 per gram on March 1
    Lowest price Rs. 2,541 per gram on January 1, Rs. 2,714 per gram on February 1. Rs. 2,871 per gram on March 28.
    Trend Rising Rising Decline
    Change +6.65% +9.21% -3.70%

    Gold Rate Trend in Kurnool in January 2016

    • In the month of January, a rise in gold prices was observed as the month of January progressed.
    • A rise of 6.65 % was seen.
    • The highest price of gold was noted on 28th January at Rs, 2,727 per gram.

    Gold Rate Trend in Kurnool in February 2016

    • Gold traded at Rs. 2,714 per gram at the beginning of the month.
    • Due to high demand, prices were quite high throughout the month.
    • There was a rise of 9.21% witnessed towards the end of the month as compared to the beginning.

    Gold Rate Trend in Kurnool in March 2016

    • Gold trade opened at Rs. 2,994 per gram at the beginning of the month.
    • However, as the month progressed, the prices declined, although there were a few fluctuations.
    • A decline of 3.70% was observed at the end of March. This may be attributed to continued strikes.

    Gold rate for 22 karat gold in Kurnool

    Given below is the rate for 22 karat gold in Kurnool

    Weight of 22 karat gold

    Price for 22 karat gold

    1 gram

    Rs.2,797

    10 gram

    Rs. 27,970

    100 gram

    Rs. 2,79,700

    1 kg

    Rs. 27,97,000

    Gold rate for 24 karat gold in Kurnool

    Given below is the price for 24 karat gold in Kurnool

    Weight of 24 karat gold

    Price for 24 karat gold

    1 gram

    Rs. 2,993

    10 gram

    Rs. 29,930

    100 gram

    Rs. 2,99,300

    1 kg

    Rs. 29,93,000

    Gold investments in Kurnool

    There are several ways in which one can invest in gold. Listed below are some of the popular type of gold investments in Kurnool.

    • Physical gold- Physical gold is one of the most popular way of investing in gold. Physical gold can be purchased in the form of coins, bullion and jewelry. Bullion gold is the most sought after in terms of investment as a result of lower cost and higher liquidity.
    • Market trade- One can invest in gold ETFs, E-gold and gold futures. It offers a very convenient and easy way to get exposure to gold in India. Though this type of investment is not as popular yet, a lot of people have started investing in it owing to the advantages offered by the investment.

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