Gold Rate in Kakinada Today (Feb 17, 2023): Live Gold Price in KakinadaLast Updated Date: Feb 17, 2023
Kakinada is one of the biggest cities of Andhra Pradesh that has a rich heritage. This article will throw light upon the Live Gold Rate in Kakinada Today (Feb 17, 2023) for a considerable amount of time.
They will also be given a detailed idea about the factors that affect Gold Rate in Kakinada Live along with the rates for the past 6 months.
This city is not only known for the Dutch rule but also the enthusiasm among people with gold trading. A large number of traders and investors reside in this south Indian state who trade in this precious yellow metal.
Thus, people here are extremely interested to learn about the Gold Rate in Kakinada Today. Readers will be made familiar with the gold trend in this city for 2020 and 2019, via this article.
Compare Live Gold Rate in Kakinada with other Cities in India
22 Carat Gold Rate in Kakinada – Gold Price in Kakinada Today (Feb 17, 2023)
Gold is a valuable metal that is mostly used for making jewelry and the residents of Kakinada are extremely fond of gold ornaments.
For making jewelry, pure gold is converted into 22 Ct by adding certain fillers. These fillers add strength and durability to the finished products and make them ready for use.
The 22 Carat Gold Rate in Kakinada is a huge matter of interest for traders and investors here. They check out the prices thoroughly before investing as that will prevent them from making non-profitable deals.
The Gold Price in Kakinada Today for 22 Ct Gold can be checked easily from this website. These rates change every day and an investor must check out the latest rate before investing in this valuable commodity.
Gold Rate Forecast for Tomorrow
24 Carat Gold Rate in Kakinada Today (Feb 17, 2023) – Gold Price in Kakinada
24 Carat Gold is identified as pure gold as this metal is extracted from its ore in this form. Pure gold is not suitable for making jewelry but is mostly bought by investors and traders as an investment product. Thus, Pure Gold Price in Kakinada is referred to as the price of 24 carat gold in this beautiful city.
Traders should not get confused between the rates of 22 Carat and 24 Carat Gold Rate in Kakinada. People often mistake the rate of 24 Ct Gold as the rate for jewelry-making gold. Ornaments are made up of 22 Ct Gold and its price is a bit less than that of pure gold, i.e. 24 Ct Gold.
Tomorrow Gold Rate Prediction or Forecast in Kakinada
Check out Kakinada Gold Prediction for Tomorrow here –
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Gold Price in Kakinada for Last 15 Days
Gold rates are variable and they keep changing every hour of a day. A large number of factors are responsible for these changes that shall be discussed below in this article.
Investors should check out the current Gold Price in Kakinada mandatorily before investing a good amount of money in buying this precious metal.
However, experts’ advice to keep a track of the gold rates for the past 15 days as this can help a trader in Kakinada a lot.
At present, the gold rates in this city for the past half a month look quite stable with minor fluctuations. Traders can consider this time favorable for investment but, it is important to keep the monitoring process on.
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Graph of Gold Rate Today in Kakinada – Also Past Gold Price in Kakinada
The prices of all types of financial products are projected in a graphical form to help traders understand the trend of the rates. . Graphs make the whole picture clear in a glance and help in understanding the figures without any difficulty.
Gold is no exception and the Gold Rate in Kakinada is represented using graphs that should be viewed by traders and investors in this city
The 22 Ct and 24 Ct Gold Rate in Kakinada is represented on graph and the pointers of these graphs highlight the performances.
Investors in Kakinada should try to invest in this precious metal if the price pointers are low, as they can make a higher amount of profit.
Gold Price in Kakinada – Past 12 Months Price
This article has earlier explained the importance of going through the price of gold for the past 15 days before investing in it.
Now, it will emphasize learning about its performance for the previous 12 months in Kakinada as that is extremely helpful.
It will make the picture of the whole scenario clear for the investors and traders residing here and they can make better decisions.
Below, readers will be introduced to the Gold Rate in Kakinada and its performance for the last 12 months.
They will learn about the exact highest and lowest prices recorded in this city for these months along with the performance percentages.
January 2023, Gold Price Movement in Kakinada
|Gold Rates in January 2023||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st January 2023||5130||5387|
|8th January 2023||5221||5482|
|15th January 2023||5296||5561|
|22nd January 2023||5320||5586|
|31st January 2023||5350||5618|
|Highest Rate in January 2023||5380||5649|
|Lowest Rate in January 2023||5130||5387|
All the important details about the Gold Price in Kakinada for the first calendar month of 2023 shall be discussed below:
- 22 Carat Gold Price in Kakinada fluctuated between the marks of Rs.5380 and Rs.5130
- 24 Ct Gold saw the lowest price of Rs.5387 in January 2023
- The highest recorded price for 24 Ct Gold in Kakinada was Rs.5649
- Both 22 Ct and 24 Ct Gold showed average performances with the former marking 4.29% and the latter marking 4.29%
- The gold rates have shown a positive response in the month of January
Gold Rate Movement in Kakinada for December 2022
|Gold Rates in December 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st December 2022||4955||5203|
|8th December 2022||5023||5274|
|15th December 2022||5060||5313|
|22nd December 2022||5124||5380|
|31st December 2022||5130||5387|
|Highest Rate in December 2022||5130||5387|
|Lowest Rate in December 2022||4955||5040|
Specifically the price trends take a lot of time to develop, and there are a lot of trigger points specially moved on account of events. The ongoing events and the demand and supply for the metal lead to the rather shift in the price of the metal.
- Taking notes of the trends which the market experienced, we have curated this section for your concern. Check the table and the pointers which follow to know the precise shift in the price of the metal.
- We wish to show you the percentage change in the price of the metal, which was recorded as 3.53% and 3.54%.
- 22-carat gold rate was decent, while there was a tiny shift in the price level of the metal for the month, precisely for 24-carat gold.
- To check how the prices varied, you can see the opening and closing price of the metal.
- The highest price you need to take into concern was Rs.5130 and Rs.5387.
- Rs.4955 and Rs.5040 were the lowest price points.
Gold Rate Movement in Kakinada for November 2022
|Gold Rates in November 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st November 2022||4692||4928|
|8th November 2022||4692||4692|
|15th November 2022||4940||5187|
|22nd November 2022||4905||5150|
|30th November 2022||4916||5162|
|Highest Rate in November 2022||4960||5208|
|Lowest Rate in November 2022||4692||4692|
We understand that our customers require the rates of both 22 carat and 24 carat gold for the basic requirements of making a decision regarding their investment.
Alongside this data, we provide you with a proper table with all the important numerical and data for you to quench your queries regarding Kakinada in the month of November.
- You can check the rates for all the significant time slots and dates for the month of November for information about both 22-carat and 24-carat prices.
- To remind you of price changes over November in detail, we have stated all the numerical and fluctuations for you.
- All the important factors listed are given and verified thoroughly in relation to gold prices.
- For 22 carats and 24 carats, the highest price points reach upto Rs.4960 and Rs.5208
- Rs.4692 and Rs.4692 were the lowest price points.
Gold Rate Movement in Kakinada for October 2022
|Gold Rates in October 2022||22 Carat||24 Carat|
|1st October 2022||4700||4698|
|8th October 2022||4692||4692|
|15th October 2022||4692||4692|
|22nd October 2022||4692||4692|
|31st October 2022||4692||4928|
|Highest Rate in October 2022||4700||4928|
|Lowest Rate in October 2022||4692||4692|
Gold Rate in Kakinada data is one of the necessary items that you need to consider if you are looking forward for fruitful investment. All such information must be put together in order to determine the particular strategy that you believe in and would rather stick to.
- You can refer to the table and check what the first and the last recorded price levels were, what the peek points were and also other price points from the month.
- Keeping up with the highest price level, it was -0.17% and 4.90% in context with the 22 and 24 carat gold category.
- Keep notes of the highest price for the month which was recorded to be Rs.4700 and Rs.4928 for both categories.
- We also have the lowest price categories for both the gold categories and they were Rs.4692 and Rs.4692
- Checking the percentage change, it was not a massive shift in the price levels, and rather a tiny change.
September 2022, Gold rate movement in Kakinada
|Gold Rates in September 2022||22 Carat||24 Carat|
|1st September 2022||4757||4757|
|8th September 2022||4697||4697|
|15th September 2022||4703||4703|
|22nd September 2022||4625||4625|
|30th September 2022||4686||4687|
|Highest Rate in September 2022||4757||4757|
|Lowest Rate in September 2022||4617||4617|
We got your back in context with the Gold Rate in Kakinada for September. We have ensured to cover up all the trends which took place throughout the entire month. This makes it easy for you to come back to it when you see a certain happening take place, and how the price level react to it.
- For your benefit and ease, we have individually and specifically catered for the price level of 22 as well as 24 carat gold.
- Since, we have already done the commutation of the change in price level of the metal; it goes out as -1.49% and -1.47%.
- As per the commutation undertaken, it would be safe to say that the price of the metal fell down for this month, on the contrary to rising.
- Among the fluctuations which happened, the highest recorded price for the month was Rs.4757 and Rs.4757
- Again, taking all the fluctuation records into concern, we have the insights of the lowest price level, which was Rs.4617 and Rs.4617
August 2022, Gold rate movement in Kakinada
|Gold Rates in August 2022||22 Carat||24 Carat|
|1st August 2022||4797||5040|
|8th August 2022||4853||5100|
|15th August 2022||4896||5138|
|22nd August 2022||4834||4834|
|31st August 2022||4792||4792|
|Highest Rate in August 2022||4915||5166|
|Lowest Rate in August 2022||4773||4773|
The month of August has great impact in gold prices as compared to the other months when gold index started reviving. For both 22 carat and 24 carat gold, the gold prices showed changing numbers this month. Take a better insight by reading the below points.
- The price changes on 5 different days are given in the table.
- The price of gold on the first day of the month of August is Rs. 4797 per gram for 22 carat gold and Rs. 5040 per gram for 24 carat gold in Kakinada.
- The highest price touched by gold this month is Rs. 4915 per gram for 22 carat and Rs. 5166 per gram for 24 carat gold.
- And the lowest price that gold set at is Rs. 4773 per gram and Rs. 4773 per gram for both the categories.
- The performance analysis -0.10% and -4.92% precisely for both the categories.
July 2022, Gold rate movement in Kakinada
|Gold Rates in July 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st July 2022||4791||5030|
|8th July 2022||4676||4908|
|15th July 2022||4664||4897|
|22nd July 2022||4673||4906|
|31st July 2022||4809||5051|
|Highest Rate in July 2022||4812||5051|
|Lowest Rate in July 2022||4628||4862|
Looking at monthly gold rates are very necessary to understand gold rate movements. Therefore, to gain a clearer picture all information related to gold rates in Kakinada, the necessary details are mentioned here. We hope this information helps you to make a steady portfolio based decision.
- The prices on the first day of the month was Rs. 4791 per gram for 22 carat gold and Rs. 5030 per gram for 24 carat gold.
- The prices on the last day of the month was Rs. 4809 per gram for 22 carat gold and Rs. 5051 per gram for 24 carat gold.
- The peak price for the month was Rs. 4812 per gram and Rs. 5051 per gram for 22 carat and 24 carat gold respectively.
- The lowest dip for the month was Rs. 4628 per gram and Rs. 4862 per gram for 22 carat and 24 carat gold respectively.
- Gold’s performance for this month is seen to be 0.38% and 0.42% in Kakinada for July 2022.
June 2022, Gold Rate Movement in Kakinada
|Gold Rates in June 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st June 2022||4743||4978|
|8th June 2022||4776||5016|
|15th June 2022||4743||4981|
|22nd June 2022||4768||5007|
|30th June 2022||4738||4974|
|Highest Rate in June 2022||4838||5080|
|Lowest Rate in June 2022||478||4955|
It is always important to look at all the parameters while planning to make an investment. For the city of Kakinada we have laid down important numbers on gold rates for the month of June below. Points to be noted are also mentioned likewise.
- Weekly change in gold rates are mentioned in the table.
- The opening price was at Rs.4743 per gram for 22 carat gold and Rs.4978 for 24 carat gold. And closing rates were Rs.4738 per gram for 22 carat gold and Rs.4974 per gram for 24 carat gold.
- The highest rate for the month of June is Rs.4838 per gram for 22 carat gold and Rs.5080 per gram for 24 carat gold.
- And the lowest rate was Rs.478 per gram and Rs.4955 per gram for 22 and 24 carat gold respectively.
- We have also calculated the overall performance for the month for each categories to make comparison better. However, the numbers are -0.11% and -0.08% for each of the categories.
May 2022, Gold Rate Movement in Kakinada
|Gold Rates in May 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st May 2022||4887||5130|
|8th May 2022||4883||5124|
|15th May 2022||4767||5006|
|22nd May 2022||4787||5031|
|31st May 2022||4778||5017|
|Highest Rate in May 2022||4905||5151|
|Lowest Rate in May 2022||4743||4978|
In the previous month, May 2022, the Gold Rate in Kakinada has been affected by some severe factors and it recorded the following rates:
- In this month, one gram of 22 Ct Gold touched the highest value of Rs.4905 which can be considered quite big a price
- The lowest value of Rs.4743 was marked for 22 Ct Gold which is quite higher in comparison to many other cities
- The 24 Ct Gold Rate in Kakinada per Gram has been equally high ranging between Rs.5151 and Rs.4978
- Mediocre performance percentages were marked which was -2.23% for 22 Ct Gold and -2.20% for 24 Ct Gold
- Gold prices decreased at a constant rate throughout the month as you can see in the table.
April 2022, Gold Rate Movement in Kakinada
|Gold Rates in April 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st April 2022||4797||5040|
|8th April 2022||4888||5129|
|15th April 2022||5011||5011|
|22nd April 2022||4974||5220|
|30th April 2022||4889||4889|
|Highest Rate in April 2022||5049||5306|
|Lowest Rate in April 2022||4797||4889|
Investors should never miss out on the gold rates for April as it is the beginning of the financial year in India. This month brings along a host of changes in the market statistics for the Gold Rate Movement in Kakinada.
- The highest recorded price for one gram of 22 Ct Gold in Kakinada was Rs.5049 and the lowest rate was Rs.4797
- 24 Ct Gold Rate in Kakinada per Gram was fluctuating between the highest value of Rs.5306 and the lowest of Rs.4889
- Gold marked outstanding performance this month in Kakinada for both the forms
- 22 Ct Gold showed a growth of 1.92% while -3.00% growth was calculated for 24 Ct Gold
- The rates for both the forms jumped in the mid week but then slightly start declining towards the month end.
March 2022, Gold Rate Movement in Kakinada
|Gold Rates in March 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st March 2022||4790||5031|
|8th March 2022||5062||5315|
|15th March 2022||4823||5062|
|22nd March 2022||4799||5042|
|31st March 2022||4799||5040|
|Highest Rate in March 2022||5106||5364|
|Lowest Rate in March 2022||4790||4852|
March also bought in some excitement for traders and investors in Kakinada as gold rates showed some amazing changes in this month. Readers should check out the Gold Price Movement in Kakinada for March this year below:
- The financial year-ending month recorded Rs.5106 as the highest and Rs.4790 as the lowest rates for one gram of 22 Ct Gold in this city
- The top-most Gold Price in Kakinada per Gram for 24 Ct Gold was Rs.5364
- Rs.4852 was the lowest recorded price for one gram of 24 Ct Gold here
- This precious yellow metal performed well with 0.19% and 0.18% for 22 Ct and 24 Ct respectively
- The gold rate was at its peak in the 2nd week of March 2022 and the least in the fourth week
February 2022, Gold Price Movement in Kakinada
|Gold Rates in February 2022||22 Ct Gold Rate (Rs)||24 Ct Gold Rate (Rs)|
|1st February 2022||4531||4758|
|8th February 2022||4540||4774|
|15th February 2022||4740||4981|
|22nd February 2022||4767||5007|
|28th February 2022||4820||5056|
|Highest Rate in February 2022||4829||5074|
|Lowest Rate in February 2022||4516||4746|
The 22 Ct and 24 Ct Gold Rate in Kakinada along with the performance percentage is explained in detail in the following points:
- One gram of 22 Ct gold touched the highest value of Rs.4829 while the least value was recorded to be Rs.4516.
- 24 Ct Gold Rate in Kakinada per Gram touched the peak with Rs.5074 and the bottom point was Rs.4746.
- 22 Ct gold showed an above-average performance with 6.38%.
- The growth in the rate of 24 Ct Gold was calculated to be 6.26% in Kakinada for February 2022.
- 22 Ct and 24 Ct Gold rate was noticeably increasing throughout the month, i.e. from the beginning of the month till the end.
Gold Rate in Kakinada – Trend in 2020
The above performance reports for the first five months of this year shall help traders in understanding the Gold Rate Trend in Kakinada for 2020.
Traders and investors in this city should identify the gold rate trend as that will help them immensely while making investment-related decisions.
They can locate the most favorable time for investment easily if they are aware of the on-going market trends. A lot of factors have affected the gold rate trend in the world market and the native market of Kakinada.
The tension between the superpowers, the US and China, is the reason behind some major changes in gold rates. However, Today Gold Rate in Kakinada is highly affected by the outbreak of the pandemic that has also touched the city.
Check out Gold Rates of more cities & states
Gold Rate in Kakinada – Trend in 2019
The previous year, 2019, has marked a Historical Gold Rate in Kakinada due to some major changes in the world trade equations. This year, the gold rate had seen some steep growth and downfalls in Kakinada that can be considered normal.
Thus, the Gold Rate Trend 2019 in Kakinada can be regarded as completely different from the current trend. Investors should compare these trends to understand the differences and identify the favorable points.
What makes Gold Rates in Kakinada to increase?
Learn about the reasons behind the growth in the Gold Rate in Kakinada as on Today in the points below:
- More investors in the local gold market of Kakinada, which will in turn give rise to demand, and this demand, will push the prices high.
- The Gold Rate in Kakinada today per gram is more due to the increasing inflation in the world market
- The amount of gold lying in the reserves of the Indian Government
- Increase in the value of the US Dollar concerning the Indian National Currency
What makes Gold Price in Kakinada to decrease?
The contrasting reasons to the above ones are mentioned below and these are responsible for the decrease in the Gold Price in Kakinada:
- A decrease in the demand for gold in the native market of Kakinada
- The Gold Price in Kakinada per gram will be less if the valuation of INR increases in the world trade market
- Gold rates in the international market get reduced by a good percentage
- The Reserve bank of India reduced the rates of interest in various types of gold loans
Why Central Bank Policies impacts Gold Rates in Kakinada?
The Gold Rate in Kakinada is highly impacted by a large number of reasons that include the valuation of INR, inflation in the international market, etc. But, there is another important element that is often forgotten and it is the policies of the Central Bank.
This bank makes some changes in its existing policies at short intervals that aid in the rise or reduction in the Gold Price in Kakinada Today. The rates tend to decrease if the policies are framed keeping the investors’ interests under consideration.
Why Gold Price in Kakinada is different from other Cities?
India is a vast country with a large number of cities and each of them has a unique administering body. The local governing body of Kakinada is responsible for deciding the Gold Price in Kakinada.
It levies transportation charges, Stamp Duty, taxes, etc. that make the gold price in this city different from the others. The local jeweler’s association also contributes towards finalizing the Gold Price in Kakinada 916.
What is Gold Rate in Kakinada 916 Hallmark gold?
Jewelers in Kakinada sell Hallmark gold, that is the standard for purity maintained across the country. 916 is the symbolization of Hallmark gold and the finished products hold this digit on their bodies.
The price of hallmark gold is equal to 22 Ct Gold and it is referred to as Gold Rate in Kakinada 916.
Find out Gold Rates of more Indian Cities & States
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|Gold Rate in Mangalore||Gold Rate in Ranchi||Gold Rate in Amritsar||Gold Rate in India|
|Gold Rate in Meerut||Gold Rate in Vijayawada||Gold Rate in Nellore||Gold Rate in Lucknow|
How much is the Tax Levied on Gold Rate in Kakinada?
The local government levies a reasonable amount of Tax on Gold Rate in Kakinada that has to be paid while buying this precious yellow metal.
A GST of 5% is levied on the metal’s value and another 5% is imposed on the making charge of the finished gold ornament.
Gold Rate in Kakinada – Conclusion
This article has brought forth all the useful details about the Gold Rate in Kakinada for the present year. It has discussed the gold rate trends for 2019 and 2020 to help investors get an overview.
Today Gold Rate in Kakinada looks favorable for investment and traders can take the plunge.
Gold Rate in Kakinada FAQs
Ques – How to check today’s gold rate in Kakinada?
Answer – All the details regarding the gold rates are displayed in the tabular format or charts right in the article present in the website. The present day’s gold rates are kept right at the beginning of our article in comparison with 3 separate measurements. All you have to do is search through the details thoroughly and you will be able to find all the required information.
Ques – Where to find gold rate in Kakinada?
Answer – We provide the gold rate via various timelines and a number of measurements such as that of 1gram, 10 grams and 100 grams. Therefore, you will find all the latest as well as historical data regarding the gold rates of Kakinada right in the article that is present in our website. We constantly check with the market prices and bring you the latest facts and figures.
Ques – Is this live gold price in Kakinada?
Answer – Yes, the gold rate in Kakinada is live. We understand for the current rate at the current time and hence work for the absolute convenience of our customers. Our team keeps a regular track and updates the information time to time efficiently.
Ques – Can I find last month’s gold price here?
Answer – Yes, you can find the previous month’s gold rate right in the article present in our website. Our team makes sure to constantly keep the facts and figures updated for the comfort and knowledge of the customers.
Ques – Where to find 22 Ct Gold rate in Kakinada?
Answer – The 22 carat gold category is the most looked after gold category. It is used for purposes of ornamentation and so on and therefore is of an extremely high demand. Therefore, we display the facts and figures for the 22 carat category first and then that of the 24 carat category.
Ques – Is the Gold rate in Kakinada update?
Answer – Yes, all the facts and figures displayed at our website are updated by our team regularly so that we can comply with the market prices present. We make sure the customer is provided with the most recent facts and figures and therefore work towards it.
Ques – Will I find Gold rate forecast here?
Answer – Yes, the gold rates forecast for Kakinada is present at our website, not only of the timelines across one year but a collective list of the previous years are provided to the customers. This way a customer might see through the patterns of the change in gold rates and predict for his investments.
Ques – Can I use gold investment calculator?
Answer – Yes, the gold rate calculator is accessible by you and you do not have to pay a penny for it. Once you click on the link present right below the 24 carat gold category, all you have to do it fill in fields like date, city or state, type of gold, investment and time of investment and click the calculate button. You will get your profit margin right after.
Ques – Can I calculate the Gold rate in Tola?
Answer – Yes, Tola is present as a measurement unit in the gold rate calculator. After you have filled in the mandatory fields that of city or state, time of investment and amount of investment, you will have the feasibility to choose from the list of units. You can choose any unit to check for your required data.
Ques – What is 24 Ct Gold in Kakinada?
Answer – 24 carat gold is the purest form of gold without any fillers or mixture in it. With purest form we do understand that there is no mixture and thereby are available in bars and bullion. It is not well suited for ornamentation purpose.
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