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Today Gold Rate per Gram in Vijayawada

Before venturing out to sell your gold, it is important for you to know and understand today’s gold rate per gram in Vijayawada. Since the rate is dynamic, researching the rates on the day of the sale is imperative

Historical Price of Gold in Vijayawada

There has been a long-standing tradition of investing in Gold in Vijayawada. The market price has been affected by several domestic and international factors over the years.

Factors Affecting Gold Rate in Vijayawada

Gold rate in Vijayawada is affected by several domestic and international factors including crude oil prices and economic conditions. Here are some of them in detail:

  1. Inflation: Market fluctuations are an intrinsic factor in deciding the gold price in Vijayawada. As the demand increases, the price of gold in Vijayawada, like the rest of India, rises according to the rate of inflation.
  2. Gold Reserves: The Reserve Bank of India holds gold reserves in the country. An influx in gold reserves is an indicator of an increased inflow of cash in the domestic market. This affects the price of gold in Vijayawada significantly.
  3. Gold Market: Indians have a history and tradition of investing in gold jewellery, coins, etc. This causes heavy shifts in the demand and supply of gold, affecting its price. For example, during the wedding season, the demand for gold is high, so the price increases if the supply is short.

How to Sell Old Gold Jewelry for Cash in Vijayawada ?

Muthoot Gold Point offers a convenient and transparent platform for its customers to sell their gold for instant cash. Selling gold jewellery with Muthoot Gold Point involves the following steps:

Step 1: Customers visit their nearest Muthoot Gold Point branch and get their gold evaluated.

Step 2: The gold jewellery is cleaned thoroughly with ultrasonic machines to remove any dirt. This process is done in front of the customer.

Step 3: The value, weight and purity of gold is checked on XRF machines before the customer.

Step 4: Based on the value, weight and purity of the gold, it is evaluated as per the current market rate of gold in Vijayawada.

Step 5: If the customer is satisfied with the evaluation, they can hand over the gold to the representative. Muthoot Gold Point offers instant cash up to Rs 10000. If the amount is above Rs 10,000, the amount is transferred to the customer’s bank account.

Browse Gold Rate in Other Locations: Gold Rate in Trichy, Gold Rate in Madhya Pradesh, Gold Rate in Indore, Gold Rate in Bangalore, Gold Rate in Andhra Pradesh, Gold Rate in Coimbatore, Gold Rate in Vizag

Vidya Balan with Muthoot Gold Point
Muthoot Gold Point Logo

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.

More then 4,200 Branches across India

Over 4,200 Branches across India

132 + years of Legacy

133+ years of legacy

Over 24,000 Employees Serving Millions of Customer

Over 24,000 employees serving millions of customer

Walk in of over 1,00,000 Customers Per Day

Walk in of over 1,00,000 customers per day

Sachi Jonega Testimonials on Muthoot Gold Point

My mother and I have sold some very old gold over the past few months to three different organizations. One was a branch of an old established famous Jeweller in Mumbai while two were only buyers of gold. Of these, our experience with Muthoot Gold Point has been by far the best. We were impress.. ಮತ್ತಷ್ಟು ಓದಿ

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

ನನ್ನ ಮನೆಯ ನಿರ್ಮಾಣಕ್ಕಾಗಿ ಪಾವತಿಸಲು ನಾನು ಕೆಲವು ಆಭರಣಗಳನ್ನು ಮಾರಾಟ ಮಾಡಲು ಬಯಸಿದ್ದೆ - ನನ್ನ ಗುತ್ತಿಗೆದಾರ ನಮಗೆ ಮೋಸ ಮಾಡಿದ್ದ. ನಾನು ಸರ್ಕಾರಿ ಬಸ್‌ನಲ್ಲಿ ಎಂಜಿಪಿ ಜಾಹೀರಾತನ್ನು ನೋಡಿದೆ ಮತ್ತು ನನಗೆ ಹೆಚ್ಚಿನ ಅಗತ್ಯವಿರುವುದರಿಂದ ಅವರನ್ನು ಭೇಟಿ ಮಾಡಲು ನಿರ್ಧರಿಸಿದೆ. ಚಿನ್ನವನ್ನು ಮಾರಾಟ ಮಾಡಿದ ನನ್ನ ಹಿಂದಿನ ಅನುಭವ ಉತ್ತಮವಾಗಿರಲಿಲ್ಲ. ಆದರೆ, ಎ.. ಮತ್ತಷ್ಟು ಓದಿ

ಬಸವರಾಜು

Shri Narayan Testimonials on Muthoot Gold Point

ಮುತ್ತೂಟ್ ಗೋಲ್ಡ್ ಪಾಯಿಂಟ್ ಅನ್ನು ನಾನು ಎಂದಿಗೂ ಮರೆಯಲು ಸಾಧ್ಯವಿಲ್ಲ. ನಾನು ಸರಿಯಾದ ಸಮಯದಲ್ಲಿ ಎಂಜಿಪಿ ಬಗ್ಗೆ ತಿಳಿದುಕೊಂಡಿರಲಿಲ್ಲವೆಂದಿದ್ದರೆ, ನಾನು ಎಲ್ಲವನ್ನೂ ಕಳೆದುಕೊಳ್ಳುತ್ತಿದ್ದೆ. ಕುಟುಂಬ ಮತ್ತು ವ್ಯವಹಾರದಲ್ಲಿ, ನಿಮಗೆ ಹೆಚ್ಚು ಅಗತ್ಯವಿರುವಾಗ ಹಣವು ಬಿಗಿಯಾಗಿರುತ್ತದೆ. ಈ ಸಮಯದಲ್ಲಿ, ನಿಮ್ಮ ಜಮೀನು, ಮನೆ ಅಥವಾ ಬೆಳ್ಳಿ ಮತ್ತು ಚಿನ್ನವನ್ನು ಮಾ.. ಮತ್ತಷ್ಟು ಓದಿ

ಶ್ರೀನಾರಾಯಣ

ನನ್ನ ಹಿರಿಯ ಮಗನ ಎಂಜಿನಿಯರಿಂಗ್ ಕಾಲೇಜಿಗೆ ಕಳೆದ ವರ್ಷದ ಶುಲ್ಕವನ್ನು ಪಾವತಿಸಲು ನಾನು ನೋಡುತ್ತಿದ್ದೆ, ನನ್ನ ಬಳಿ ಸಾಕಷ್ಟು ಹಣವಿರಲಿಲ್ಲ. ವರ್ಷಗಳಲ್ಲಿ ನಾವು ಸಂಗ್ರಹಿಸಿದ ಎಲ್ಲಾ ಬೆಳ್ಳಿ ನಾಣ್ಯಗಳು ಮತ್ತು ಚಿನ್ನಾಭರಣಗಳನ್ನು ಮಾರಾಟ ಮಾಡಲು ನನ್ನ ಹೆಂಡತಿ ನನ್ನನ್ನು ಕೇಳಿದಳು. ನಾನು ಕೆಲವು ಸ್ಥಳೀಯ ಆಭರಣ ವ್ಯಾಪಾರಿಗಳ ಬಳಿಗೆ ಹೋದೆ ಮತ್ತು ಆಘಾತಕ್ಕೊಳಗಾದೆ- ಅ.. ಮತ್ತಷ್ಟು ಓದಿ

ವಿಜಯ್ ಶರ್ಮಾ

Amar Singh Testimonial on Muthoot Gold Point

ನನ್ನ ತಂದೆಗೆ ತುರ್ತು ಬೈ-ಪಾಸ್ ಅಗತ್ಯವಿದ್ದಾಗ, ನನ್ನ ಬಳಿಯಿದ್ದ ಎಲ್ಲಾ ಆಭರಣಗಳನ್ನು ನಾನು ನೇರವಾಗಿ ಎಂಜಿಪಿಗೆ ತೆಗೆದುಕೊಂಡು ಹೋದೆ. ನಾನು ಮೊದಲೇ ಅವರೊಂದಿಗೆ ವ್ಯವಹರಿಸಿದ್ದೆ. ನಾಲ್ಕು ವರ್ಷಗಳ ಹಿಂದೆ ನನ್ನ ಪಾರ್ಲರ್ ಸ್ಥಾಪಿಸಲು ನಾನು ಮೊದಲ ಬಾರಿಗೆ ಸಾಲ ತೆಗೆದುಕೊಂಡೆ. ಅದೃಷ್ಟವಶಾತ್, ನಾನು ಹಣವನ್ನು ಮರುಪಾವತಿಸಲು ಮತ್ತು ನನ್ನ ಚಿನ್ನವನ್ನು ಮರಳಿ ಪಡೆಯಲ.. ಮತ್ತಷ್ಟು ಓದಿ

ಅಮರ್ ಸಿಂಗ್

Frequently Asked Questions


1. What is the Price of KDM 916 Gold in Vijayawada Today?

916 Hallmarked gold jewellery means that the gold has a 91.6 percent purity. This is the highest level of purity available for gold since it is required to be mixed with alloy. You can check the rate of KDM 916 gold in Vijayawada above.

2. What is the Best Way to Sell Old Gold Jewelry for Best Price in Vijayawada?

The best way to sell old gold jewellery in Vijayawada is through Muthoot Gold Point. Muthoot Gold Point offers the best rate for gold in the market. They follow a scientifically tested methodology which involves cleaning, evaluating and weighing the gold with technologically advanced tools. The entire process is transparent and seamless for the convenience of customers. They can hand over the gold and take home cash instantly.

3. Why is Gold a Good Investment in Vijayawada?

Gold is a historically preferred investment option in Vijayawada. It is easy to invest and liquidate. Gold owners can easily walk up to a gold trader and exchange it for cash without any hassles. It has strong sustenance against inflation and is a great investment option for wealth creation.

4. How does QE Impact Gold Prices in Vijayawada Today?

Quantitative easing or QE is a monetary policy through which central banks buy long term securities. Quantitative Easing affects the value of currency significantly, which releases more money in the hands of the consumers. There is a spurt in the demand for gold in such a case, which leads to higher price of gold in Vijayawada due to shortage of supply.

5. Is Inflation a Big Determinant of Gold Rates in Vijayawada ?

Yes, inflation is a great determinant of gold price per gram in Vijayawada. As the demand increases, the price of gold in Vijayawada, like the rest of India, rises according to the rate of inflation.

6. Will the Gold Price in Vijayawada Keep Changing?

Yes, the gold price in Vijayawada is subject to changes according to fluctuations in market, tariffs and duties, crude oil prices, etc. Hence, it will keep changing.

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