24K price performance
▼ Down ₹1,393.74 (-8.7%) over 31 days
Madanapalle, Andhra Pradesh, India
Gold Price
24K per gram
₹14,594.83
22K per gram
₹13,377.93
18K per gram
₹10,946.13
Last rate update: Sat, Jun 20, 2026 11:07 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹14,594.83 |
| Weight in grams | 10.000 |
| Gold value | ₹1,45,948.30 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹4,378.45 |
| Total | ₹1,45,948.30 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 20, 2026 | ₹14,584.84 | Verified |
| Jun 19, 2026 | ₹14,658.21 | Verified |
| Jun 18, 2026 | ₹15,023.57 | Verified |
| Jun 17, 2026 | ₹15,102.00 | Verified |
| Jun 16, 2026 | ₹15,127.10 | Verified |
| Jun 15, 2026 | ₹15,076.84 | Verified |
| Jun 14, 2026 | ₹14,845.61 | Verified |
| Jun 13, 2026 | ₹14,844.54 | Verified |
| Jun 12, 2026 | ₹14,774.98 | Verified |
| Jun 11, 2026 | ₹14,623.56 | Verified |
In Madanapalle, Andhra Pradesh, as of 14 May 2026, gold prices remain stable across various purities. The 24-karat gold is valued at approximately ₹16,218.37 per gram, with no recent change in rate. Prices for 22-karat and 18-karat gold are also steady, at ₹14,866.59 and ₹12,164.03 respectively. Gold remains a popular investment and jewelry choice in India, especially in regions like Madanapalle, where local demand influences market trends. Tracking daily fluctuations can help buyers make informed decisions, whether purchasing for investment or adornment. The recent history indicates a gradual upward trend, with notable peaks around mid-May, reflecting a resilient market. Understanding current rates and market movements is essential for buyers and sellers in Andhra Pradesh to navigate the gold market effectively.
Market
Market pulse
Gold prices in Madanapalle have shown stability as of mid-May 2026, with the 24K rate holding at ₹16,218.37. The recent trend indicates a steady increase over the past month, reaching a high of nearly ₹16,200. This stability suggests a balanced market influenced by global and domestic factors. Investors and jewelers should monitor daily fluctuations for optimal buying or selling opportunities. Local demand in Andhra Pradesh continues to support the gold market, making it a reliable asset for diversification and savings. As always, staying updated on market movements can help in making timely and informed decisions.
Guide
Buyer playbook
When purchasing gold in Madanapalle, start by verifying current rates for the desired purity, especially around ₹16,218.37 for 24K gold as of 14 May 2026. Check the purity markings and certification to ensure authenticity, and inspect the physical condition of jewelry or bars. Compare prices from multiple reputable dealers in Andhra Pradesh to secure the best deal. Always request a detailed bill with the purity, weight, and rate clearly mentioned. Consider the form of gold—jewelry, bars, or coins—based on your investment goals. Keep records of your purchase for future reference and potential resale. Staying informed about market trends and local dealer reputations can help you make confident, practical decisions in your gold transactions.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect the physical condition of gold.
- Compare prices from different dealers.
- Request detailed purchase documentation.
- Keep records of your transaction.
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FAQ
Frequently asked questions
What is the current price of 24K gold in Madanapalle?
As of 14 May 2026, the price of 24K gold in Madanapalle is approximately ₹16,218.37 per gram.
Has the gold price changed recently?
No, the 24K gold rate has remained stable recently, with no change reported as of the latest update.
How can I verify the purity of gold I buy locally?
Check for official purity markings and certifications, and consider testing or consulting a trusted jeweler for verification.
Is it better to buy jewelry or bars in Madanapalle?
The choice depends on your purpose; bars are typically more suitable for investment, while jewelry is preferred for adornment. Consider your goals and costs involved.
Are there any risks in buying gold in Madanapalle?
Risks include counterfeit products and price fluctuations. Always buy from reputable dealers and verify authenticity.
What documentation should I receive when purchasing gold?
Request a detailed bill including purity, weight, rate, and dealer information for your records.