Gold Rate in Vizag Today (Feb 17, 2023): Live Gold Price in Vizag

Gold is the most admired metal literally everywhere. Talking about the price of the gold, Gold Rate in Vizag is actually not constant and fluctuates to a great extent. Let’s have a look at the Live Gold Rate in Vizag Today (Feb 17, 2023).

So, we have decided to add the relevant statistics to keep you informed regarding Gold Rate in Vizag Today.

You can consider this content as an important guide that will update you regarding all the aspects of the gold. In the meantime, you can Find Gold Rate in Vizag Live here.

Our upgraded gold price charts will help you understand the details of the 22-carat gold, 916 hallmarks, and other factors.

Compare Live Gold Rate in Vizag with other Cities in India

22 Carat Gold Rate in Vizag – Gold Price in Vizag Today (Feb 17, 2023)

Also, Check out the Silver Rate in Vizag Today

In this section, you will know the fluctuation in 22 Carat Gold Rate in Vizag. Note that this particular type of gold is necessary for manufacturing regular gold jewellery.

Here, you will come to know about the actual figure of the gold price in Vizag today, yesterday and the fluctuation in the price. We have also mentioned the percentage of price-performance as well.

Gold Rate Forecast for Tomorrow

24 Carat Gold Rate in Vizag Today (Feb 17, 2023) – Gold Price in Visakhapatnam

Pure 24-Carat Gold Rate in Visakhapatnam is laid out in the above-drawn table. Here in the table, you will see the position of the pure gold price in Vizag.

The price of the gold pertaining to yesterday, change, and percentage of the changed statistics are documented here.

Tomorrow Gold Rate Prediction or Forecast in Vizag

Check out Vizag Gold Prediction for Tomorrow here –

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Gold Price in Vizag for Last 15 Days

The previous fluctuation in the gold price always matters to the buyers. They do consider that to make a cost-effective purchase.

It is time to take a close peek at the above table consisting of 15 days gold price in Vizag data. Now, these 15 days information will help you comprehend the current pattern of the gold price.

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Graph of Gold Rate Today in Visakhapatnam – Also Past Gold Price in Vizag

The demonstrated graphical presentation offers an instant view of the variation in the gold price. Therefore we have introduced the charts to display the present day Gold Rate in Visakhapatnam statistics and also the earlier records of the fluctuation in gold rate in Vizag.

Gold Price in Vizag – Past 12 Months Price

The entire gold rate in the Vizag price movement for the past 12 months is combined together in the below-mentioned sections.

January 2023, Gold Price Movement in Vizag

Take a look at the 22 Carat and 24 Carat Gold Price in Vizag for the month of January and also put up with the shift in the price, that too for the whole month. Also, consider the frequent change in the Gold Price in Vizag.

• You will see the change in gold price for five different days for the month of January.
• Talking about the 22 Carat and 24 Carat Gold Price trend, in the first week, it was diminishing and after the first week it started taking a upward surge until the the third week. The rates closed with a dwindle .
• However, the lowest price recorded for the 22 carat gold was 5045 and the Rs.5504 for 24 carat gold.
• The highest price point for the 22 carat gold was 5310 and Rs.5973 for 24 carat gold.
• The end performance statistics for both 22 carat and 24 carat gold are 3.75% and 3.75% respectively

Gold Rate Movement in Vizag for December 2022

Considering how crucial it is to have hold of the right details of gold rates, and how difficult it can be to fetch, e have curated the data from the month of December cleanly. This is of utmost importance that you line up the essentials details of the price shift and figure out the investment plan.

• For all the information that we tend to gather, we have closely introduced our readers with the highest, lowest, opening and closely prices precisely.
• Change in price is evident in the table you see, where it is clearly commuted to be 3.79% and 3.80% eventually.
• On the other end, the highest price of the metal was recorded to be Rs.5060 and Rs.5520.
• Similarly, we have the insights on the lowest price as well, it was stagnant at Rs.4875 and Rs.5318.

Gold Rate Movement in Vizag for November 2022

Given how important it is to keep track of Vizag’s past gold cost records, we have included this section alongside a table that vividly portrays the price movement of the November month. You will see how both gold groups have been doing all month long.

• Here is the data for the entire month, alongside the price change and percentage change details, right from beginning to end.
• We have documented them as going through the shift that took place during the entire month as 4.30% and 4.31% was the percentage change respectively.
• For the first thing, for 22 carats, we have the highest price of the month, and for 24 carats of gold, it is Rs.4875 and Rs.5318.
• Rs.4610 is the lowest price in comparison to 22-carat gold and 24-carat gold is Rs.5029.
• The percentage change is an indicator of reported minute changes for the month.

Gold Rate Movement in Vizag for October 2022

Here are the appropriate stats which are in relation with the Gold Rate in Vizag from the month of October. So, we aim at providing all the necessary details from the month, so you can accordingly strategize your future investments and turn them into your favour.

• Keep a check on the highest and lowest price intervals of the month, so you can have an idea of how much the price fell and also led increased for the month.
• Here is the illustration of the price change and it was 0.22% for both of them
• 4785 and 5220 on the other note were the highest price level which the metal recorded.
• Checking the lowest price level, the change was as much as Rs.4620 and Rs.5040 on the lower end.
• If you explain the price change, the level was not high but pretty low and tiny.

September 2022, Gold rate movement in Vizag

Refer to the table in this section, which briefly sums the Gold Rate in Vizag for the month of September. You can exactly see the range in which the changes happened for the month, in a stance. We have organized the study for you, and laid all the essentials points of price.

• We have taken into account both the 22 carat and 24 carat gold rates as you can see in the table.
• We wish to lay down the change in the price of the metal for the first thing, and according to the commutation it is 0.32% and 0.34%.
• Our commutation revels that the price of the metal went down, after a long time. This was not the case for few years before.
• The highest price level also have been stated to you, and the same was Rs.4690 and Rs.5116
• Lowest price level on the other hand stood to be Rs.4580 and Rs.4996

August 2022, Gold rate movement in Vizag

This section has details on the fluctuation of gold rates in the month of August for Vizag. Investors find it preferable to look back at gold charts before investing in Gold. We hope the rates that followed this month gives you an idea about how to diversify your portfolio likewise.

• Prices as on different days of the month is given in the table.
• Mid-month saw the peak price after which it started to drop until the end of the month.
• The price on the first day of the month was Rs. 4710 per gram for 22 carat gold and Rs. 5138 per gram for 24 carat gold.
• On the last day of the month the price changes in 22 carat gold was Rs. 4700 per gram and for 24 carat gold was Rs. 5127 per gram in Vizag.
• The overall performance is also calculated for both the gold types and is -0.21%.

July 2022, Gold rate movement in Vizag

For an investor to take precise decision on their portfolio, looking at gold prices consistently is a very important fact. This section lays effect to the gold prices for July in the city of Vizag. We hope drawing necessary conclusions become easier by taking a look at the points below:

• Weekly changes in gold prices are given in the table.
• The opening price was at Rs. 4785 per gram for 22 carat gold and Rs. 5220 for 24 carat gold. And closing rates were Rs.4720 per gram for 22 carat gold and Rs. 5149 per gram for 24 carat gold.
• The highest rate for the month of July was Rs. 4810 and Rs. 5247.
• And the lowest rate was Rs. 4600 per gram and Rs.5018 per gram for both 22 and 24 carat gold categories respectively.
• The overall performance for the month is -1.36% for 22 carat gold and -1.36% for 24 carat gold respectively.

June 2022, Gold Rate Movement in Vizag

We have prepared the table to show you the difference in price for the gold rate in Vizag for both the 22 carat and 24 carat gold. In addition to that, we have also included the price change and calculated that in terms of the percentage. Therefore, follow the bullets to understand that in detail.

• The table here shows the drastic price change for both the 22 carats and 24 carat gold at the underlined interval of the month.
• The highest recorded price for the 22 carat gold was Rs.4836
• Highest recorded price for 24 carat gold was Rs.5276
• On the other hand, the lowest price for 22 carat gold was Rs.4665
• The lowest price for the 24 carat gold was Rs.5089
• Percentage performance of the 22 carat gold for the month of June was -1.79%
• The percentage performance for the 24 carat gold was recorded as -1.79%.
• At the end of the month, the price for both the gold categories took a decline.

May 2022, Gold Rate Movement in Vizag

The table that we prepared above consists of the Gold Rates in Vizag, for the month of May. We have drafted the gold rate in Vizag per gram for both the 22 carats and the 24-carat gold category.

• The price of various intervals of the months is stated in the table showing the major change in the price.
• Overall performance of the price percentage for 22 carats and 24 carat gold was -1.32% and -1.31% respectively as mentioned in the table.
• The lowest recorded price was Rs. 4610 for the 22 carat gold and Rs.5029 for 24-carat gold.
• On the contrary, the highest recorded price for 22 carat gold was Rs.4839 and Rs.5279 for 24 carat gold.
• The price of gold was going down during the month as it can be observed in the table.

April 2022, Gold Rate Movement in Visakhapatnam

April month statistics regarding the Gold Rate Movement in Vizag was used to design the above table. It also shows the Gold Rate in Visakhapatnam per Gram for both 22 and 24-carat gold.

• The change in the price statistics on major month intervals is penned in the table.
• The price of the gold is seen increasing towards the mid of the month for both the gold categories.
• Percentage performance of the gold price was 0.62% and 0.63% for 22 carat and 24 carat gold.
• The highest recorded price for the 22 carat gold was Rs.4985 and for the 24 carat gold, it was Rs.5438.
• The lowest recorded price for 22 carat gold was 4780 and the price for the 24 carat gold was Rs.5214.

March 2022, Gold Rate Movement in Vizag

March gold price movement in Vizag trends are depicted from the above table. For your convenience, we have tried to decipher the change in the Gold price in Vizag per gram for the whole month.

• The gold price at the major recorded intervals was talked about in the table considering the price record for each day.
• Fluctuating trends in the gold price is basically witnessed in the whole month.
• Gold prices were highly volatile for most of the weeks this month
• The performance of the price for both the 22 carat and 24 carat gold was 2.03% and 2.02% eventually.
• The lowest recorded price for the 22 carat gold was Rs.4670 and for 24 carat gold, it was Rs.5095.
• On the other hand, the highest recorded price for the 22 carat gold was Rs.4980 and for 24 carats the highest recorded gold price was Rs.5433.

February 2022, Gold Price Movement in Vizag

Here is the 22 Carat Gold Rate in Vizag estimation for the month of February. Check out the Gold Rate in Vizag per gram rates from the above table and also understand the movement of the price for the whole month.

• Price frequency is constructed in the above table pertaining to the major intervals of time.
• The price trend of gold seems to follow a positive pattern throughout the month. Also, for the whole month, the price trend seems to be on the upside.
• Percentage analysis of the price for both 22 carat and 24-carat gold was 4.68% and 4.70%.
• The lowest recorded price for both the 22 carat and 24 carat gold was Rs.4490 and Rs.4898.
• The highest shift in the gold price for both the 22 carat and 24 carat gold is Rs.4725 and Rs.5155.

Gold Rate in Vizag – Trend in 2020

The current occurrences like the trade connection between China and India are in a delicate position.

In addition to that, the all of a sudden outbreak of the deadly pandemic disease COVID 19, you can observe that there is a drastic shift in the Gold Rate Trend in Vizag and that was noticeable at the beginning of the year.

The trend of the gold seems to be rising in regard to the trading deal between the above two countries.

But due to the intervention of the COVID 19 the trend of the gold price actually followed the downward graph.

In the meantime, the out rightly poor performance of the Stock market and the increase in the value of the dollar also lead to further fall in the price of the gold. Talking about the highest recorded price for gold, you would see that it was possibly seen in the month of March.

It was all due to the governmental steps to meet the adverse situation of the COVID 19. However, by now the price of the gold reached a stable position.

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Gold Rate in Vizag – Trend in 2019

On the whole, we have summed up the Gold Rate Trend 2019 in Vizag and according to our conclusion, it was quite eventful. The increase in the price in terms of gold was steady enough. Even the fall in price was consistent as well.

The Historical Gold Rate in Vizag shows the major happening all throughout the year and that influenced the price of gold. However, the most significant reasons were the business strain between the USA and China.

The drastic fall in the gold price was accompanied by the demand of the metal. The drift in price was due to the rise in the US dollar value.

What makes Gold Rates in Vizag to increase?

Gold is the most auspicious metals, and Gold Rate in Vizag as on today fluctuates depending on various overseas and domestic factors.

Several occurrences like the increase in the demand of the gold and the strong value of the US dollar causes the gold price to rise.

Therefore go through the following details to know the factors at once.

• The global market has a strong influence on the price of gold. As the currency value falls during any political crisis, investors like to invest in gold. Therefore, such demand leads to rise in the price of the gold.
• The lesser rate of interest let customers have more liquid money in hand which as a result increases the demand for metal so the price takes the upward turn.
• The Reserve bank of India has the gold reserves which also play an important role in influencing the gold price as well.
• During seasons of festivals especially like during weddings and Diwali the price of gold rises because of the excessive demand during such periods.
• Finally, inflation also leaves an impact on gold. During this inflated period, the gold price is much more than it was previously.

What makes Gold Price in Visakhapatnam to decrease?

In this section, we have stated some of the contrary reasons that will state the reasons for decline in gold price in Visakhapatnam.

• The international market is highly accountable for the drift in the gold price.
• The condition of the market especially the bear market where the price of the shares fall also causes the gold price to decline.
• A high supply of gold with less demand for the metal is also responsible for causing the gold price to slip down.
• Besides that, with the rise in the rate of interest, the customers resort to the idea of selling the gold in order to have more cash. Now the supply of the gold increases which leads to the fall in the gold price.

Why Central Bank Policies impacts Gold Rates in Vizag?

As you know that the increase in the rate of interest causes the US dollar to rise. Now as gold is ruled by the US dollar so boosters like volatility, equity prices definitely affect the gold price. Talking about the Central bank it also holds the gold and the currencies.

In that regard, the price of the Indian currency also shoots up. And during such time, the investors do consider gold as the inflationary hedging tool in order to meet the increasing Gold rate in Vizag.

Additionally, the improvised policies of the bank rise in the government, and stocks followed by the demand for the metal gold will cause the Gold rate in Vizag Today to fall.

Why Gold Price in Vizag is different from other Cities?

In India, you will see that the gold price is different for different cities that depend on the cost of hauling, transportation and quantity of the items bought, and the association of the local jewellery manufacturers. Note that the local associations are very accountable for structuring the price slots for the gold jewellery.

Now the Indian rupees also affect the price, remember if the currency is weak then it will cause gold prices in Vizag to rise. Finally, the government has to pay the import duty price as well that also affects the gold price.

What is Gold Rate in Vizag 916 Hallmark gold?

Gold buyers do not support the idea of accepting the gold without verifying its purity. To validate the purity level, the jewellery should have the 916 hallmarks embossed on that. Talking about the 916 hallmark, note that it is actually 22 carat gold.

The numerical value of 916 means 22 carat by 24 carat. Hence the gold rate in Vizag 916 actually denotes that 22 carat gold.

Precisely, it signifies the 91.6 grams of the gold that is found in the 100 grams of the alloy. You should remember that the 22 carat gold jewellery is compatible with jewellery when it comes to the sleekness and detailing.

Find out Gold Rates of more Indian Cities & States

How much is the Tax Levied on Gold Rate in Visakhapatnam?

The initiation of the Goods and services tax states that the customers are bound to pay 3% of the tax on the gold. Now as you know that 5% of the charges are imposed in the making of the gold jewellery and this value actually fluctuates from one seller to another.

Therefore, it can be a fixed percentage value on the final product. On the other hand, the tax on the gold rate in Visakhapatnam is actually determined by the government.

According to the government, a rate of 5% is imposed on the making charge of the jewelry. The seller of the particular place charges that. Note that this amount will remain the same and it will not change.

Gold Rate in Vizag – Conclusion

The article was drafted to give a precise thought on Gold Rate in Vizag and other factors that seriously impact the price of the gold.

From this content, you will have a clear idea of the significant determinants of the gold for both the 24 and 22 carat gold. We have also attached Today Gold Rate in Vizag for your convenience.

Vizag Gold Rate FAQs

Ques – How to check Today’s Gold Rate in Vizag?

Answer – In Vizag, we are offering you the revised prices for the Gold Rate. We have all the rates, i.e. 1 gram, 10 gram and 100 gram, for various weights. As given at the top of the article, you may refer to the tables, which consist of the cost per gram and also the price comparison of the last day.

Ques – Where to find Gold Rate in Vizag?

Answer – In this very article we have all the insights about the Gold Rate in Vizag. With every aspect of the tariffs, in the form of tables and maps, we keep our readers updated. For the latest price adjustments, i.e. for over 15 days time period, you may refer to the table and the charts allow you to see the price from over an extended period.

Ques – Is this Live Gold Price in Vizag?

Answer – Yes, we’re supplying you with the latest updates. We keep the figures up to date and ensure that the existing market prices are met. By offering accurate figures and rates, our team keeps all readers updated and keeps updating them accordingly.

Ques – Can I find last month’s Gold Price here?

Answer – Yes, we’ll give you the feasibility of the Gold rate last month. Not just the last month, but we give you specifically and even more than that, the prices from over 6 months. On the other hand, we have a chart that gives you several years of results.

Ques – Where to find 22 Ct Gold Rate in Vizag?

Answer – 22-carat gold is the highest category of gold requested and is probably the first category that individuals are searching for. Hence, for all our readers, we have made the price distinction very obvious. For different categories, various tables and sections are deployed, and the 22 carat rates are given at the top of the article.

Ques – Is the Gold Rate in Vizag Update?

Answer – Yes, in line with the prevailing market rates, the rates you see on our website are up to date. As we appreciate the need to find the best rates at the correct time, we make sure that the rates are continuously updated. You may also vividly compare the expense of both gold types.

Ques – Will I find Gold Rate Forecast here?

Answer – Herein, we provide you with past data on gold prices in Vizag. It is a kind of medium for history analysis, where you can refer to the metal’s previous prices and see the trends and use them to predict how the price can change depending on certain events.

Ques – Can I use Gold Investment Calculator?

Answer – Yes, for all our readers, the gold investment calculator is open and it is cost-free. To decide how profitable the investment has been, you need to include the specifics of the city or state where you live, the gold category, the sum you intend to invest, and when you invested in the metal.

Ques – Can I calculate Vizag Gold Price in Tola?

Answer – Yes, with the assistance of the gold rate calculator, it is certainly possible to measure the price of gold in Tola. Click on the gold rate calculator connection given today in Vizag after the 24-carat gold rate segment. To see the stats, enter the state, category gold, unit, tola in unit form and investment period.

Ques – What is 24 Carat Gold in Vizag?

Answer – Pure gold, which is in its finest condition, is also known as 24-carat gold. This gold group is not appropriate for manufacturing ornaments or any other related products without any additional filler. Therefore the price of gold in this category is greater than that of 22 carats of gold.

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