As on Jun 13, 2024

Gold Rate in Visakhapatnam Today

  • 72,270-0.19%

Who controls the price of gold?

The prices of gold are mostly influenced by trading activity in the London Over-the-Counter (OTC) spot gold market and the COMEX gold futures market, rather than the availability and demand for physical gold. Other markets like the Shanghai Gold Exchange (SGE) and Multi Commodity Exchange (MCX) usually mirror the prices set by the London and New York paper gold markets. Additionally, global economic and political events, as well as central bank policies and currency fluctuations, can also play a significant role in shaping the price of gold.

Gold Rate Today Price Trends in Visakhapatnam

As on Jun 13, 20241 gram8 grams10 grams100 grams
24 Carat Gold₹7,227₹57,816₹72,270₹7,22,700
22 Carat Gold₹6,656₹53,248₹66,560₹6,65,600
* These gold rates are indicative and excludes GST etc. For exact rates contact your local jeweller.

Gold rate for last 30 days

Date22 Carat Price24 Carat Price
Jun 13, 2024₹66,556-2.49% ₹72,270-0.19%
Jun 12, 2024₹68,2542.64% ₹72,4100.22%
Jun 11, 2024₹66,500-2.28% ₹72,253-1.89%
Jun 10, 2024₹68,0490.95% ₹73,6480.31%
Jun 09, 2024₹67,410-3.20% ₹73,420-0.67%
Jun 08, 2024₹67,410-3.20% ₹73,420-0.67%
Jun 07, 2024₹67,410-3.20% ₹73,420-0.67%
Jun 06, 2024₹69,6371.45% ₹73,9180.07%
Jun 05, 2024₹68,6410.15% ₹73,8680.33%
Jun 04, 2024₹68,5410.55% ₹73,6280.10%
Jun 03, 2024₹68,165-3.09% ₹73,556-1.68%
Jun 02, 2024₹70,3372.38% ₹74,8120.59%
Jun 01, 2024₹70,3372.38% ₹74,8120.59%
May 31, 2024₹70,3372.38% ₹74,8120.59%
May 30, 2024₹68,7010.29% ₹74,370-0.04%
May 29, 2024₹68,5020.18% ₹74,4031.41%
May 28, 2024₹68,382-1.17% ₹73,367-0.57%
May 27, 2024₹69,1910.51% ₹73,7910.50%
May 26, 2024₹68,841-2.72% ₹73,421-3.35%
May 25, 2024₹68,841-2.72% ₹73,421-3.35%
May 24, 2024₹68,841-2.72% ₹73,421-3.35%
May 23, 2024₹70,7630.96% ₹75,9641.14%
May 22, 2024₹70,089-2.39% ₹75,109-2.63%
May 21, 2024₹71,8023.43% ₹77,1412.65%
May 19, 2024₹69,419-2.22% ₹75,153-2.22%
May 19, 2024₹69,419-2.22% ₹75,153-2.22%
May 18, 2024₹69,419-2.22% ₹75,153-2.22%
May 17, 2024₹69,419-2.22% ₹75,153-2.22%
May 16, 2024₹70,9971.42% ₹76,8632.16%
May 15, 2024₹70,0061.27% ₹75,2371.48%
May 14, 2024₹69,130-0.48% ₹74,140-1.22%

Gold Rate in Different Cities / States in India

Standard Gold (22 Carat)Pure Gold (24 Carat)
City Name1 gram8 grams1 gram8 grams
Gold Rate in Vizag₹6,812₹54,496₹7,215₹57,720
Gold Rate in Patna₹6,859₹54,872₹7,346₹58,768
Gold Rate in Surat₹6,659₹53,272₹7,232₹57,856
Gold Rate in Noida₹6,695₹53,560₹7,229₹57,832
Gold Rate in Bhubaneswar₹6,729₹53,832₹7,270₹58,160
Gold Rate in Lucknow₹6,663₹53,304₹7,254₹58,032
Gold Rate in Mangalore₹6,642₹53,136₹7,230₹57,840
Gold Rate in Mysore₹6,684₹53,472₹7,234₹57,872
View More

Gold Rate Calculator

Gold Rate in Visakhapatnam for 1g 24 Carat is: ₹7,227

Gold Rate Comparison 22 Carat vs 24 Carat

Gold rate for last 10 days

Date22 Carat Price24 Carat Price
Jun 13, 2024₹6,656-2.49% ₹7,227-0.19%
Jun 12, 2024₹6,8252.64% ₹7,2410.22%
Jun 11, 2024₹6,650-2.28% ₹7,225-1.89%
Jun 10, 2024₹6,8050.95% ₹7,3650.31%
Jun 09, 2024₹6,741-3.20% ₹7,342-0.67%
Jun 08, 2024₹6,741-3.20% ₹7,342-0.67%
Jun 07, 2024₹6,741-3.20% ₹7,342-0.67%
Jun 06, 2024₹6,9641.45% ₹7,3920.07%
Jun 05, 2024₹6,8640.15% ₹7,3870.33%
Jun 04, 2024₹6,8540.55% ₹7,3630.10%

Top Commodities

GAINERS
LOSERS
CommodityPrice(Rs)%ChgExpiry
Aluminium Mini235.250.64% 30-Aug-2024
Aluminium234.30.54% 30-Aug-2024
Zinc Mini256.850.49% 30-Aug-2024

What makes gold prices go up/down?

Gold is often seen as a safe investment during market downturns. Factors that can cause market volatility, such as changes in the dollar index and interest rates, central bank policies, inflation concerns, trade tensions, and political uncertainty, can all affect the price of gold. Additionally, changes in the value of the rupee and changes in import tariffs can also impact the price of gold.

Month-wise gold rate trend for 22 Carat

MonthStart Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
May 24₹6,639₹7,033₹3945.94% ₹6,886
April 24₹6,484₹6,793₹3094.77% ₹6,786
March 24₹5,753₹6,343₹59010.26% ₹6,168
February 24₹5,950₹5,802₹-148-2.49% ₹5,869
January 24₹5,961₹6,001₹400.67% ₹5,924
December 23₹5,878₹6,039₹1622.75% ₹5,909
November 23₹5,754₹6,024₹2704.68% ₹5,781
October 23₹5,495₹5,754₹2594.72% ₹5,589
September 23₹5,553₹5,495₹-58-1.04% ₹5,568
August 23₹5,562₹5,746₹1833.29% ₹5,585
July 23₹5,486₹5,707₹2214.03% ₹5,611
June 23₹5,559₹5,486₹-73-1.32% ₹5,582

Month-wise gold rate trend for 24 Carat

MonthStart Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
May 24₹7,184₹7,481₹2974.13% ₹7,385
April 24₹6,856₹7,377₹5217.60% ₹7,284
March 24₹6,259₹6,788₹5298.46% ₹6,625
February 24₹6,359₹6,284₹-75-1.18% ₹6,304
January 24₹6,322₹6,418₹961.52% ₹6,341
December 23₹6,278₹6,490₹2123.38% ₹6,329
November 23₹6,199₹6,396₹1973.18% ₹6,182
October 23₹5,827₹6,199₹3726.39% ₹5,992
September 23₹6,039₹5,827₹-212-3.51% ₹5,976
August 23₹6,025₹6,119₹941.56% ₹5,982
July 23₹5,853₹6,093₹2404.11% ₹5,996
June 23₹6,040₹5,853₹-188-3.11% ₹6,010

Weekly performance of Gold rate for 22 carat in Visakhapatnam

Week
(Mon-Sun)
Start Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
10 Jun - 14 Jun₹6,805₹6,655₹-149-2.19% ₹6,734
03 Jun - 09 Jun₹6,816₹6,741₹-75-1.11% ₹6,830
27 May - 02 Jun₹6,919₹7,033₹1151.66% ₹6,924
20 May - 26 May₹7,180₹6,884₹-296-4.12% ₹7,006
13 May - 19 May₹6,946₹6,942₹-4-0.06% ₹6,973
06 May - 12 May₹6,801₹6,891₹901.33% ₹6,819
29 Apr - 05 May₹6,660₹6,826₹1672.50% ₹6,759
22 Apr - 28 Apr₹6,836₹6,995₹1592.32% ₹6,851
15 Apr - 21 Apr₹6,862₹7,056₹1952.84% ₹6,954

Weekly performance of Gold rate for 24 carat in Visakhapatnam

Week
(Mon-Sun)
Start Price
(per gram)
End Price
(per gram)
Change
(per gram)
Average Price
(per gram)
10 Jun - 14 Jun₹7,364₹7,227₹-138-1.87% ₹7,264
03 Jun - 09 Jun₹7,355₹7,342₹-14-0.18% ₹7,363
27 May - 02 Jun₹7,379₹7,481₹1021.38% ₹7,425
20 May - 26 May₹7,714₹7,342₹-372-4.82% ₹7,501
13 May - 19 May₹7,505₹7,515₹100.13% ₹7,526
06 May - 12 May₹7,208₹7,416₹2082.89% ₹7,303
29 Apr - 05 May₹7,195₹7,243₹480.66% ₹7,254
22 Apr - 28 Apr₹7,433₹7,420₹-13-0.18% ₹7,341
15 Apr - 21 Apr₹7,288₹7,516₹2283.12% ₹7,409

Do gold rates vary with discounts?

Grey market operators often provide discounts on gold as they sell it aggressively, taking advantage of the increased margin that comes with rising bullion prices. However, these discounts can sometimes be substantial and may negatively impact dealers' margins, making it a less profitable business. Additionally, these discounts may not be directly passed on to customers and can vary between dealers.
The Economic Times