Today 24 Carat Gold Price in Kakinada – Updated

Gram 24 Carat Gold Today 24 Carat Gold Yesterday

Daily Price Change

1 gram ₹4,786 ₹4,787 ₹ -1
8 gram ₹38,288 ₹38,296 ₹ -8
10 gram ₹47,860 ₹47,870 ₹ -10
100 gram ₹4,78,600 ₹4,78,700 ₹ -100

Today 22 Carat Gold Price in Kakinada – Updated

Gram 22 Carat Gold Today 22 Carat Gold Yesterday Daily Price Change
1 gram ₹4,686 ₹4,687 ₹ -1
8 gram ₹37,488 ₹37,496 ₹ -8
10 gram ₹46,860 ₹46,870 ₹ -10
100 gram ₹4,68,600 ₹4,68,700 ₹ -100

Today Gold Rate In Kakinada : Gold

The Gold rates in Kakinada are of varying these days. These Gold Rates are based on various factors. These factors include things like the Gold Purity, Gold Rates in other states.

The Gold Rates increases if the Gold Purity is high. So here, the Gold Rates are based on the Purity of the Gold. So in this way, the Gold Rates are varying these days.

Compare 22k & 24k Gold Rate in Kakinada.

Last 10 Days Gold Rates

Date

STANDARD GOLD 22K PURE GOLD 24K
1 GRAM 10 GRAM 1 GRAM 10 GRAM
24 July 2021 Rs. 4,686.00 Rs. 46,860 Rs. 4,786.00 Rs. 47,860
23 July 2021 Rs. 4,687.00 Rs. 46,870 Rs. 4,787.00 Rs. 47,870
22 July 2021 Rs. 4,690.00 Rs. 46,900 Rs. 4,790.00 Rs. 47,900
21 July 2021 Rs. 4,712.00 Rs. 47,120 Rs. 4,812.00 Rs. 48,120
20 July 2021 Rs. 4,730.00 Rs. 47,300 Rs. 4,830.00 Rs. 48,300
19 July 2021 Rs. 4,704.00 Rs. 47,040 Rs. 4,804.00 Rs. 48,040
18 July 2021 Rs. 4,719.00 Rs. 47,190 Rs. 4,819.00 Rs. 48,190
17 July 2021 Rs. 4,720.00 Rs. 47,200 Rs. 4,820.00 Rs. 48,200
16 July 2021 Rs. 4,735.00 Rs. 47,350 Rs. 4,835.00 Rs. 48,350
15 July 2021 Rs. 4,709.00 Rs. 47,090 Rs. 4,809.00 Rs. 48,090

Gold Rate in Kakinada

The Gold Rate in Kakinada ranges from 4860 rupees. The Gold Rate in Kakinada is based on the Purity of the Gold as the Rates are different based on the Purity.

The Gold Rates are high for the Purity ones, and for the Low, Purity Gold has low rates. And the Gold Rate in Kakinada may change from day to day. And the Gold Rates has various rates based on the market value.

List of banks providing gold loan in Kakinada

Bank / NBFC Rate Per Gram Interest Rate Gold Loan Tenure Min – Max Loan Amount
₹ 3,506 to ₹ 4,621 0.099 3 to 24 months ₹ 10 thousand to 5 crore
ICICI Gold Loan ₹ 3,506 to ₹ 4,621 0.1 6 to 12 months ₹ 10 thousand to 5 crore
₹ 3,506 to ₹ 4,621 0.12 7 days to 36 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1225 12 months ₹ 3 thousand to 1 crore
₹ 3,506 to ₹ 4,621 0.1025 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1 3 to 36 months ₹ 10 thousand to 5 crore
SBI Gold Loan ₹ 3,506 to ₹ 4,621 0.0975 12 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.075 3 to 36 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 20 thousand to 50 lakh
₹ 3,506 to ₹ 4,621 0.1025 12 months ₹ 10 thousand to 5 crore
IIFL Gold Loan ₹ 3,506 to ₹ 4,621 0.12 11 months ₹ 3 thousand to 50 lakh

How are Gold Rates Decided?

The Gold Rate in Kakinada is decided based on the Factors like the Gold Rates in the Market. Market Value plays a significant role in determining Gold Rates. The Rupee Value also dominates a lot in the Gold Rates. These Gold Rates are also based on Purity. The Purity of the Gold also decides the Gold Rates. The Market Value also determines the Gold Rate in Kakinada. In this way, you can decide the Gold Rates.

How do Gold Traders Determine Future Gold Prices in Kakinada?

Gold Traders determine the future of Gold Prices by some of the factors. These include the Market Value and other Purity of the Gold. The Purity of Gold plays a significant role in Gold Prices.

The Purity of the Gold may range from 20-24 Karat Gold. This Purity is one of the essential things in the Gold Prices. In this way, the Gold Traders determine the future of the Gold Prices. The Gold Prices are also based on the Market Value.

What Leads to the Increment of Gold Rates When the Stock Market Falls?

Investment is one of the option to save money. This leads to the increment of the Gold Rate in Kakinada when Stock Market falls. As Gold is one of the best options to invest, you can invest in Gold. But before buying the Gold, you need to know the Gold Rates. As the Gold Rates are changing these days, you need to know the updated Gold Rates.

Then you can buy the best Gold. You can invest in different forms of Gold. When the Gold Investments do the Stock Market Falls, the Increment of Gold Rate in Kakinada.

Impact of GST on Gold Rate in Kakinada

GST is applicable for almost all things. The Gold has also GST, and this GST are 2%. And apart from these GST, there are many other VAT, Customs duty and another Processing fee.

The Processing Fee for the Gold Rates is 5%, and the Customs duty for the Gold Rates is 10%. The overall increase in the Gold Rates is around 1.6%. These Gold Rates are based on various other factors apart from the Purity of the Gold.

Impact of Central Bank Policies on Kakinada Gold Rate?

The impact of Central Bank Policies on the Gold Rate in Kakinada is based on Gold. Buying and Selling of Gold plays a significant role in the Gold Rates. The Gold Rate in Kakinada is based on various factors.

The Factors includes the Purity of the Gold. The Purity of the Gold may range from 20-24 karat Gold. And there are many other Policies on Gold Rates.

Gold as an Investment in Kakinada

You can invest the money in Gold. Rather than investing in Stock Market and Other Fixed deposits, You can invest in Gold. Investing in Gold is one of the best options.

This Gold is used as an investment. In this way, the Gold can be used as an investment. Apart from these, Purity is essential when you are investing.

How Can You Make Gold Investments in Kakinada

You can make Gold Investments by Gold Coins, Gold Bullions, Gold ornaments and Gold Jewellery. Gold Bullions is one of the vast Gold Investments you can make.

In these, the Purity of the Gold plays a significant role. Apart from these, Gold Coins is also another most critical Gold investments. Here the Purity of the Gold may range from 22-24 karat Gold. And the Gold Ornaments and Gold Jewellery is used for Gold investments. These Gold investments have lots of benefits.

Gold Schemes To Invest in Kakinada

You can invest the Gold in Gold Schemes. These Gold Rates has various and lots of factors. Before availing of Gold, you need to know the Todays Gold Rate in Kakinada.

Today, Gold Rate in Kakinada is of varying days. So you need to know the Changing Gold Rates Daily so that you can avail the best Gold.

Some Interesting Facts on Gold

Some of the interesting facts on Gold are:

  • It is softer than other metals.
  • It is ductile.
  • It is tough.
  • Gold may break 1g of valuable metal.

Things to Consider Before Buying Gold Jewelry in Kakinada

The things which need to be considered before buying Gold Jewelry is of varying these days. These Gold Rates are based on various things. This includes the Purity of the Gold, weight of the Gold and the Expenses of the Gold and the Certifications of the Gold—the Purity of the Gold influences the Gold Rates.

The Gold Rates may increases if the Purity of the Gold is high. And the Gold Jewelry has lots of other expenses. These expenses include various things like the Certifications too. For the High purity Gold, you can avail the best Gold. 

Factors that Influence Gold Prices in Kakinada

The Factors that determine the Gold Prices are of Market Value. Market Value is one of the most important things. And in Market Value, the Rates are dependent. The Market Value Rates rely directly on the Gold Rates. These have various Gold Rates. The Purity of the Gold also decides the Gold Prices. If the Purity of the Gold is high, then the Gold Prices is also high.

KDM and Hallmarked Gold in Kakinada

KDM Jewelry is based on various metals apart from Gold. In KDM, the Gold is 92%, and the remaining is of the Other metals. These are some of the KDM alloys. In Hall Marked Gold, the Purity of the Gold also plays a significant role. There are many other certifications apart from the Hall Marked Gold.

Understanding 916 Gold Price Today in Kakinada

916 Gold is known as the 22 karat Gold. These are based on the Purity of the Gold. The Purity of Gold plays a significant role in Gold Prices. The 916 Gold is of varying these days, and the Prices of the Gold is based on the 22 karat Gold. The 22 karat Gold has 92% of the Purity apart from the 24 karat Gold.

Best Place to Buy Gold in Kakinada

The best place to buy Gold is at Gold Jewel Shops. But before availing of the Gold, there are many other things you need to know. These include the Gold Prices. You need to know the Gold Prices before availing of the Gold. As the Gold Prices are changing these days, you need to know the Gold Rates daily.

Buying a Gold Loan in Kakinada

For availing of a Gold Loan, you need to use your Gold as security. These include various things like the repayment systems and the Gold Interest rates. The interest rates are low for the Gold Loans, and the repayment systems for these Gold Loans are of varying these days. The repayment systems are also flexible these days. In this way, you can use Gold Loans.

What are the Advantages and Disadvantages of Sovereign Gold Bond Scheme

Advantages of Sovereign Gold Bond Scheme:

The Advantages of the Sovereign Gold Bond Scheme are:

  • Available in Demat and Format Form.
  • Benefits are available.
  • Securities are also available.
  • You can use it in paper and Electric form.

DisAdvantages of Sovereign Gold Bond Scheme:

  • There is no loss in this.
  • Investing in bonds might not work in these.

Gold Vs. Mutual Funds

MUTUAL FUNDS GOLD
Complicated

Less complicated

Greater market risk Involved

Based on global and few other factors it is easier to get a rough idea of the gold rates

Options to invest in Equity linked saving scheme (ELSS), Equity mutual funds, debt fund, liquid funds, etc.

Gold Funds and Gold ETFs

More opportunity cost

Less opportunity cost

Latest News on Gold Rate in Kakinada

Gold Price in Kakinada Declines by 0.35%. The Gold Prices in Kakinada is declining by 0.35%. And the Gold Prices are fluctuating a lot these days. The Gold Prices are based on various factors like the Purity of the Gold.

FAQs

 What is the Gold Rates for 1 Gram in Kakinada?

The Gold Rates for 1 Gram in Kakinada is 4935 rupees.

 What is the rate of 1 tola Gram Gold?

The rate of 1 tola Gram is 1567.

 What is the Gold Price for 24 Carat Golds?

For 24 carat Gold, the Gold Price is 4424.

 What is the Gold Rates for the 22 carat Golds?

The Gold Rates for the 22 carat Gold is 3214.

About Kakinada

Kakinada is famous for a various food recipe. The Kakinada Kaja is very renowned. And Kakinada is one of the tourist spots. And there are many other favourite food items. Apart from this, there are many temples you can visit.

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