Apr 26
0
Gold Rate In Rajahmundry
The rate of gold varies from state to state in India. The price of gold in Rajahmundry depends on the quality of gold and weight of gold. Gold is weighed in grams and the price is decided according to the weight. The gold rate for 22 karat and 24 karat gold varies vastly as the purity of gold differs. Listed below is the gold rate for 22 karat and 24 karat gold in Rajahmundry as of 9th March 2016.
Gold Rate Trend in Rajahmundry for January 2018 to March 2018 (per gram of 24 karat gold)
| Factor | January | February | March |
| 1st day | Rs.3,002 per gram | Rs.3,040 per gram | Rs.3,043 per gram |
| Last day | Rs.3,045 per gram | Rs.3,046 per gram | Rs.3,072 per gram |
| Highest price | Rs.3,084 per gram on 20 & 21 January | Rs.3,103 per gram on 14 February | Rs.3,105 per gram on 24 & 25 March |
| Lowest price | Rs.3,001 per gram on 4 January | Rs.3,003 per gram on 8 February | Rs.3,030 per gram on 19 March |
| Trend | Incline | Incline | Incline |
| Change | 1.43% | 0.19% | 0.95% |
Gold Rate Trend in Rajahmundry for October 2017 to December 2017 (per gram of 24 karat gold)
| Factor | October | November | December |
| 1st day | Rs.3,040 per gram | Rs.2,974 per gram | Rs.2,982 per gram |
| Last day | Rs.2,996 per gram | Rs.2,996 per gram | Rs.3,015 per gram |
| Highest price | Rs.3,059 per gram on 14 and 15 October | Rs.3,030 per gram 18 to 20 November | Rs.3,015 per gram on 30 and 31 December |
| Lowest price | Rs.2,996 per gram on 31 October | Rs.2,974 per gram on 1 and 6 November | Rs.2,906 per gram on 13 December |
| Trend | Decline | Incline | Incline |
| Change | -1.44% | 0.73% | 1.10% |
Gold Rate Trend in Rajahmundry for December 2017
- The last month of the year saw gold prices fluctuate during the first half of the month due to conflicting cues from markets but prices rose overall.
- The month began with gold trading at Rs.2,982 per gram before prices dropped on poor demand for the metal.
- Gold fell to its lowest rate in Rajahmundry for the month, trading at Rs.2,906 per gram on 13 December as equity markets were bullish and the dollar traded high against the rupee.
- Jewelers increased demand towards the middle of the month, which led to a slight rise in the value of the precious metal.
- An increase in industrial demand led to prices rising, as retail demand rose due to shaky local equity markets.
- The month ended with gold reaching its highest rate for the month, trading at Rs.3,015 per gram on 31 December to record a 1.10% rise in value.
