24K price performance
▲ Up ₹456.21 (+3.0%) over 31 days
Visakhapatnam, Andhra Pradesh, India
Gold Jewellery Price
24K per gram
₹15,573.00
22K per gram
₹14,275.00
18K per gram
₹11,680.00
Last rate update: Fri, Jun 5, 2026 10:06 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹15,573.00 |
| Weight in grams | 10.000 |
| Gold value | ₹1,55,730.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,671.90 |
| Total | ₹1,60,401.90 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 05, 2026 | ₹15,605.30 | Verified |
| Jun 04, 2026 | ₹15,615.13 | Verified |
| Jun 03, 2026 | ₹15,622.00 | Verified |
| Jun 02, 2026 | ₹15,622.00 | Verified |
| Jun 01, 2026 | ₹15,656.17 | Verified |
| May 31, 2026 | ₹15,704.00 | Verified |
| May 30, 2026 | ₹15,722.75 | Verified |
| May 29, 2026 | ₹15,708.04 | Verified |
| May 28, 2026 | ₹15,686.66 | Verified |
| May 27, 2026 | ₹15,850.25 | Verified |
If you're in Visakhapatnam, Andhra Pradesh, and considering buying or selling gold jewelry, understanding current market prices is essential. As of 14 May 2026, the gold rates for different purities are available to help you make informed decisions. The 24-karat gold is valued at approximately ₹16,233 per gram, while 22-karat and 18-karat gold are priced at around ₹14,880 and ₹12,175 per gram, respectively. Gold prices can fluctuate daily based on market conditions, so staying updated is crucial for buyers and sellers alike. The recent trend shows a steady increase in gold prices since early May, reflecting a positive market movement. Whether you are purchasing gold jewelry for investment or personal use, knowing the latest rates and market trends in Visakhapatnam will help you negotiate better and avoid overpaying. Always verify the purity and authenticity of gold before completing your transaction, and consider consulting local jewelers for additional guidance. Keeping track of daily price changes can also assist in timing your purchase or sale for optimal value.
Market
Market pulse
Gold prices in Visakhapatnam have shown a gradual upward trend as of mid-May 2026, with the rate for 24K gold reaching around ₹16,233 per gram. Recent data indicates a steady increase from earlier values in April, signaling a positive market sentiment. The current prices reflect global and local economic factors influencing gold demand. For investors and buyers in Andhra Pradesh, staying alert to these fluctuations can help optimize purchase timing. As the market continues to evolve, monitoring daily trends is recommended to capitalize on favorable rates and avoid potential dips. Overall, the outlook remains cautiously optimistic, with prices trending higher in the short term.
Guide
Buyer playbook
To ensure a smooth gold jewelry transaction in Visakhapatnam, start by researching current rates for the desired purity—24K, 22K, or 18K. Verify the purity markings and hallmarks on the jewelry to confirm authenticity. Compare prices from multiple reputable jewelers in the area to get the best deal. Always request a bill that clearly states the weight, purity, and rate per gram. If buying for investment, consider the current market trend, which as of May 2026, shows rising prices. When selling, ensure your gold is properly appraised and weighed by a trusted dealer. Keep documentation of your purchase or sale for future reference. Remember, prices fluctuate daily, so timing your transaction during favorable market conditions can be advantageous. Lastly, be cautious of counterfeit products and verify the credibility of the seller before completing any transaction.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm weight with a reliable scale.
- Request a detailed invoice.
- Inspect for hallmark authenticity.
- Compare offers from multiple jewelers.
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FAQ
Frequently asked questions
What is the current price of 24K gold in Visakhapatnam?
As of 14 May 2026, 24K gold is priced at approximately ₹16,233 per gram in Visakhapatnam.
How often do gold prices change in Andhra Pradesh?
Gold prices can fluctuate daily based on market conditions, with recent trends showing gradual increases in May 2026.
What should I check before buying gold jewelry?
Verify purity markings, check the weight, request a detailed invoice, and ensure the seller's credibility.
Is it better to buy gold during market dips?
Timing purchases during lower price points can be advantageous, but always verify current market trends before buying.
How can I ensure the authenticity of gold jewelry?
Look for official hallmarks, verify purity certificates, and buy from reputable jewelers in Visakhapatnam.
What documentation should I keep after buying gold?
Keep the purchase invoice, purity certificate, and any appraisals for future reference or resale.