24K price performance
▼ Down ₹1,392.35 (-8.7%) over 31 days
Machilīpatnam, Andhra Pradesh, India
Gold Jewellery Price
24K per gram
₹14,580.25
22K per gram
₹13,364.57
18K per gram
₹10,935.19
Last rate update: Sat, Jun 20, 2026 11:07 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹14,580.25 |
| Weight in grams | 10.000 |
| Gold value | ₹1,45,802.50 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,374.08 |
| Total | ₹1,50,176.58 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 20, 2026 | ₹14,570.27 | Verified |
| Jun 19, 2026 | ₹14,643.56 | Verified |
| Jun 18, 2026 | ₹15,008.56 | Verified |
| Jun 17, 2026 | ₹15,086.91 | Verified |
| Jun 16, 2026 | ₹15,111.99 | Verified |
| Jun 15, 2026 | ₹15,061.79 | Verified |
| Jun 14, 2026 | ₹14,830.78 | Verified |
| Jun 13, 2026 | ₹14,829.71 | Verified |
| Jun 12, 2026 | ₹14,760.22 | Verified |
| Jun 11, 2026 | ₹14,608.95 | Verified |
In Machilipatnam, Andhra Pradesh, as of 12 May 2026, gold prices reflect a stable market with 24-karat gold valued at approximately ₹15,368.76 per gram. The recent fluctuations in gold prices have been modest, with the market showing resilience over the past few weeks. Whether you're buying gold jewelry or investing in precious metals, understanding current rates and market trends is essential. Local buyers should stay informed about daily price movements to make well-informed decisions. The steady pricing indicates a balanced demand-supply scenario, making it an opportune time for both buyers and sellers in Machilipatnam. Keep an eye on market trends and consult trusted sources before making significant transactions to ensure you get the best value for your investment or purchase.
Market
Market pulse
Gold prices in Machilipatnam have remained relatively steady as of 12 May 2026, with minimal fluctuations over recent weeks. The 24-karat gold rate is around ₹15,368.76, reflecting a stable market environment. This stability suggests consistent demand in the local market, with prices showing resilience despite global economic shifts. Investors and buyers should monitor daily updates, as small changes can impact buying decisions. The current trend indicates a balanced market, making it a favorable time for transactions. Staying informed about local and international market factors will help optimize your gold dealings in Machilipatnam.
Guide
Buyer playbook
For buyers in Machilipatnam considering gold jewelry or investment, start by researching current rates, which are around ₹15,368.76 for 24-karat gold as of 12 May 2026. Always verify the purity of gold through official markings and ask for certification when purchasing jewelry. Compare prices from multiple local vendors to ensure competitive rates. Be aware of additional costs such as making charges and taxes that can affect the final price. When selling, ensure your gold is accurately weighed and tested for purity. Keep records of purchase receipts and certification for future reference. Regularly monitor market trends and price movements to identify the best times for buying or selling, ensuring your transactions are fair and informed.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm weight accuracy.
- Request certification for jewelry.
- Compare prices from different vendors.
- Keep purchase records for future reference.
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FAQ
Frequently asked questions
What is the current price of 24-karat gold in Machilipatnam?
As of 12 May 2026, 24-karat gold is approximately ₹15,368.76 per gram in Machilipatnam.
How can I verify the purity of gold jewelry?
Check for official purity markings and request certification from the seller to ensure authenticity.
Are gold prices in Machilipatnam expected to rise soon?
Gold prices have been relatively stable recently; however, market fluctuations can occur based on global and local factors.
What additional costs should I consider when buying gold jewelry?
Be aware of making charges, taxes, and any other applicable fees that may increase the final purchase price.
Is it better to buy gold jewelry or invest in gold bars?
This depends on your goals; jewelry offers aesthetic value, while bars are typically more suitable for investment purposes.
How should I store my gold jewelry safely?
Store gold in a secure, insured safe or safety deposit box to protect against theft or loss.