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  • Gold Rate In Rajahmundry

    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.

    Rajahmundry is one of the biggest cities in Andhra Pradesh located on the banks of river Godavari river. The city was earlier known as Rajamahendravaram and is well known for its rich historic, economic and cultural backgrounds. It has earned the name ‘Cultural Capital of Andhra Pradesh’ over the years. The city’s museums and the river Godavari acts as the main tourist attraction in the city. The city is well known for its cloth and bullion markets. It houses one of the largest cloth markets in India and has many co-operative handloom houses located all over the city. The city is one of the bullion markets in the country and consists hundreds of shops that trade in not only gold but silver and platinum too.

    Gold rate in Rajahmundry

    The rate of gold varies from state to state in India. The price of gold in Rajahmundry depends on the quality of gold and weight of gold. Gold is weighed in grams and the price is decided according to the weight. The gold rate for 22 karat and 24 karat gold varies vastly as the purity of gold differs. Listed below is the gold rate for 22 karat and 24 karat gold in Rajahmundry as of 9th March 2016.

    Gold Rate Trend in Rajahmundry 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.3,200 per gram from 19th-21st August Rs.3,190 per gram on 22nd September
    Lowest price Rs.3,124 per gram on 2nd and 3rd 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 Rajahmundry for July 2016

    • Gold traded at Rs.3,127 per gram on 1st July with the price fluctuating during the week due to market instability and weak demand.
    • The price rose to Rs.3,136 per gram on 4th July as demand from overseas rose, resulting in the price reaching Rs.3,162 on 10th July.
    • Continued demand led to the price rising to Rs.3,171 per gram on 11th July before falling to Rs.3,146 per gram on 17th July as demand stabilised.
    • The price fell marginally as overseas trends led to prices dropping in spite of domestic demand being brisk, with gold trading at Rs.3,147 per gram on 18th July.
    • The markets rallied in the last week, leading to gold demand falling before recovering to close at Rs.3,214 per gram on 31st July.

    Gold Rate Trend in Rajahmundry for August 2016

    • The start of the month saw gold sell at Rs.3,215 per gram before prices fell due to poor demand.
    • Gold sold at Rs.3,168 per gram on 8th August and appreciated as demand rose due to market instability.
    • Gold traded at Rs.3,181 per gram on 15th August on sustained demand from the domestic market.
    • Prices remained stable at Rs.3,182 per gram on 22nd August but fell mid-week.
    • The strengthening markets led to gold prices to fall to Rs.3,148 per gram on 31st August.

    Gold Rate Trend in Rajahmundry for September 2016

    • Gold traded at Rs.3,132 per gram on 1st September, with prices staying stable during the week.
    • Prices rose marginally to Rs.3,150 per gram on 5th September and reached Rs.3,195 per gram on 8th September as domestic demand rose.
    • The price stabilised at Rs.3,171 per gram on 12th September as the dollar rate fluctuated.
    • Gold traded at Rs.3,160 per gram on 19th September and dropped as currency and stock markets recovered.
    • Prices reached Rs.3,186 per gram on 26th September but fell to Rs.3,169 per gram on 30th September.

    Gold Rate Trend in Rajahmundry 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 Incline Decline Rising
    Change +6.04% -4.98% +6.33%

    Gold Rate Trend in Rajahmundry in April 2016

    • 1st April saw gold trading low at Rs. 2,894 per gram.
    • With the end of the jeweller’s strike, prices were released from its stagnant state and started to regain its strength.
    • Gold rates climbed to the top, closing the month at Rs. 3,069 per gram on 30th April.
    • Prices rose by 6.04%.

    Gold Rate Trend in Rajahmundry in May 2016

    • On the 1st of May, gold rates traded at Rs. 3,069 per gram.
    • May 1st was the highest rate for gold as prices began to steadily decline due to the release of the Fed minutes which led to an expectation of a rate hike from the U.S. Federal Reserve.
    • Prices continued to decline and ended at Rs. 2,900 on May 30th.

    Gold Rate Trend of Rajahmundry 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 Rajahmundry 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 28th January Rs. 2,987 per gram on 28th February Rs. 2,991 per gram on 6th - 13th March
    Lowest price Rs. 2,538 per gram on 2nd January Rs. 2,714 per gram on 1st February Rs. 2,871 per gram on 28th March
    Trend Incline Incline Decline
    Change +6.65% +9.21% -3.07%

    Gold Rate Trend in Rajahmundry in January 2016

    • On 1st January, gold traded at Rs. 2,541 per gram.
    • The trend for January indicated a rise through the month.
    • 28th January had the highest gold rate at Rs. 2,727 per gram due to an increase in demand.
    • Gold dipped slightly again trading at Rs. 2,710 per gram towards the end of the month.
    • A substantial increase of 6.65% in the rates was recorded for January.

    Gold Rate Trend in Rajahmundry in February 2016

    • On 1st February, gold traded at Rs. 2,714 per gram.
    • The trend for the month was a substantial increase.
    • The highest price was a marginal increase on 28th February at Rs. 2,987 per gram.
    • By the end of the month, prices had increased by 9.21%.

    Gold Rate Trend in Rajahmundry in March 2016

    • As demand stabilized, the prices of gold became steady with gold trading at Rs. 2,994 per gram at the beginning of March.
    • Jeweller’s called for a nationwide strike which led to gold rates stagnating.
    • The highest gold rate for march was between 6th and 13th when gold stayed constant at Rs. 2,991 per gram.
    • Towards the end of the month, rates dropped to Rs. 2,883 per gram, ending the month with a 3.07%decline.

    Gold rate for 22 karat gold

    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

    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

    The above mentioned rates is as of 9th March 2016 and is bound to change.

    Gold investments in Rajahmundry

    Gold investment is not only limited to bullions and there are several other ways in which one can make an investment in gold. Listed below are some of the popular types of investment in gold in Rajahmundry.

    • Gold bullion- Rajahmundry has one of the biggest bullion markets in the country. Gold bullion is one of the most popular types of gold investment as the purity of gold in bullion bars is above 99.5%. The best way of acquiring gold at low price is through bullion bars.

    • Gold jewelry- Another popular type of investment in gold is gold jewelry. The price of gold jewelry depends on the design and the quality of gold too. There will be a lot of additional charges such as wastage charge, making charge added along with the rate of gold in case of gold jewelry.

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