Visakhapatnam, Andhra Pradesh, India

Gold Price

24K per gram ₹15,622.00
22K per gram ₹14,320.00
18K per gram ₹11,717.00

Last rate update: Mon, Jun 1, 2026 11:08 AM

24K price performance

▲ Up ₹600.30 (+4.0%) over 31 days

Calculation output

Line itemValue
Rate per gram₹15,622.00
Weight in grams10.000
Gold value₹1,56,220.00
Chargeable weight10.000
Making charge₹0.00
GST amount₹4,686.60
Total₹1,56,220.00

Recent rate history

Date Avg Price Status
Jun 01, 2026 ₹15,693.30 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
May 26, 2026 ₹15,906.35 Verified
May 25, 2026 ₹15,926.43 Verified
May 24, 2026 ₹15,906.00 Verified
May 23, 2026 ₹15,919.44 Verified

In Visakhapatnam, Andhra Pradesh, as of 14 May 2026, gold prices reflect recent market trends and fluctuations. The current rates for 24-karat gold stand at approximately ₹16,233 per gram, with 22-karat gold priced around ₹14,880, and 18-karat gold at about ₹12,175. Gold prices can vary daily based on global market movements, currency exchange rates, and local demand. Understanding these rates is essential for buyers and investors in Visakhapatnam who are considering purchasing gold or selling their holdings. The recent price history shows some volatility, with notable increases around early May, reaching over ₹16,011 on 13 May and climbing to ₹16,215 on 14 May. Staying informed about these trends can help you make more strategic decisions when buying or selling gold in Andhra Pradesh. Always verify current rates before transactions and consider market conditions to ensure you get the best value for your investment or sale.

Market

Market pulse

Gold prices in Visakhapatnam have experienced notable fluctuations over the past month, with recent upward movement reaching ₹16,215 on 14 May 2026. This increase follows a period of relative stability, indicating a potential shift in market sentiment. Factors influencing these changes include global economic conditions, currency fluctuations, and local demand. As of now, the market shows a positive trend, but prices remain sensitive to external factors. Investors and buyers should monitor ongoing market developments closely, especially given the recent volatility. Staying updated with daily price movements can help in timing purchases or sales more effectively, ensuring better value in the dynamic Andhra Pradesh gold market.

Guide

Buyer playbook

For buyers in Visakhapatnam, Andhra Pradesh, it’s crucial to stay informed about current gold rates and market trends. Always verify the latest prices before making a purchase, especially since gold prices can fluctuate daily. When buying gold, check for proper purity markings and certifications to ensure authenticity. Consider the form of gold—jewelry, bars, or coins—and compare prices from reputable dealers. Be aware of additional costs such as making charges or taxes that may apply. If investing in gold, diversify your holdings and avoid making impulsive decisions based on short-term market movements. Keep track of recent price trends and market news to time your purchases effectively. Consulting with trusted local dealers and conducting thorough checks can help you secure genuine gold at fair prices in Visakhapatnam.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Confirm dealer reputation.
  4. Inspect gold for authenticity.
  5. Understand additional costs.
  6. Keep records of transactions.

Coverage

Rate coverage

517 Active cities
32 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current price of 24-karat gold in Visakhapatnam?

As of 14 May 2026, 24-karat gold in Visakhapatnam is approximately ₹16,233 per gram.

How often do gold prices change in Andhra Pradesh?

Gold prices can fluctuate daily based on global and local market factors, with recent changes observed over the past month.

What should I check before buying gold in Visakhapatnam?

Verify current rates, check for purity markings, confirm dealer reputation, and inspect gold for authenticity.

Are there additional charges when purchasing gold?

Yes, additional costs such as making charges, taxes, or handling fees may apply depending on the form and dealer.

Can I rely on recent price trends for investment decisions?

While recent trends provide insight, gold prices are influenced by various factors; consult multiple sources before investing.

Where can I sell gold in Visakhapatnam?

You can sell gold at reputable local jewelry dealers, bullion shops, or certified gold buyers in Visakhapatnam.