Andhra Pradesh
Gold Rate in Visakhapatnam
Tuesday, 26 May 2026
22K Gold
₹1,34,970
per 10 grams
₹13,497/ gram
₹1,07,976 / 8g • ₹13,49,700 / 100g
24K Gold
₹1,47,240
per 10 grams
₹14,724/ gram
₹1,17,792 / 8g • ₹14,72,400 / 100g
Visakhapatnam Gold Rate — All Weights
Visakhapatnam Gold Rate - Per Gram, 8g, 10g, 100g
| Weight | 22K Gold | 24K Gold |
|---|---|---|
| 1 gram | ₹13,497 | ₹14,724 |
| 8 grams | ₹1,07,976 | ₹1,17,792 |
| 10 grams | ₹1,34,970 | ₹1,47,240 |
| 100 grams | ₹13,49,700 | ₹14,72,400 |
Rate per gram - 22K: ₹13,497 | 24K: ₹14,724. Excludes GST & making charges.
Gold Rate in Visakhapatnam with GST (3%)
Every gold purchase in India attracts 3% GST on the metal value. The prices below show what you actually pay at a Visakhapatnam jeweller — base rate plus GST — before making charges.
GST is charged at 3% on gold value only. Making charges typically attract 5% GST separately and are not included above.
Gold Market in Visakhapatnam
Visakhapatnam — known as Vizag — is Andhra Pradesh's largest city and a rapidly growing commercial and IT hub on the eastern coast. The city's gold market is notably diverse: an older generation of buyers concentrated in Dwaraka Nagar and Jagadamba Junction favours traditional heavyweight Andhra bridal jewellery, while younger IT professionals in the city prefer lightweight 18K and 22K contemporary designs. Vizag's port city status and proximity to major steel and shipbuilding industries have created substantial disposable incomes.
Where to Buy Gold in Visakhapatnam: Key Markets
Jagadamba Junction and Dwaraka Nagar form the traditional and main retail gold belt. Main Road and Poorna Market add to the old-retail density. Siripuram and Beach Road host the premium and modern branded footprint — Malabar Gold, Kalyan Jewellers, Tanishq, Joyalukkas, and Bhima Jewellers maintain Vizag flagships. Gajuwaka serves the city's industrial west with additional retail, while MVP Colony caters to the newer residential areas. GVMC Plaza, CMR Central, and other malls concentrate the branded-showroom retail density.
Visakhapatnam Jewellery Styles & Local Preferences
Andhra-Telugu bridal jewellery is ornate and heavy — the Vaddanam (waist belt), Kasulaperu (coin necklace), Papidi Billa (headpiece), multi-layered Haaram, and Jhumkas form the classic set, almost always in 22K. Temple jewellery with deity motifs is widely represented. Vizag also has a notable market for lightweight 18K contemporary designs and diamond-studded pieces, driven by the city's tech and port-industry professional demographic. Daily-wear 22K chains and studs are strong across all segments.
Festive & Seasonal Gold Demand in Visakhapatnam
Ugadi, the Telugu New Year in March–April, is the largest regional festive occasion. Dussehra and Diwali drive the late-year peaks. Akshaya Tritiya is observed. Varamahalakshmi Vrata in August sees traditional household buying. The Telugu wedding season runs November–February and May–June. Vizag's industrial and port workforce bonus cycles create additional demand pulses, and the city also sees steady inflows from surrounding coastal Andhra districts for larger purchases.
Buying Gold in Visakhapatnam: Practical Tips
Vizag's branded chain footprint offers strong BIS hallmark and HUID compliance — verify every piece on the BIS Care app before payment. For heavy Andhra bridal sets, the per-piece weights are substantial, so negotiate making charges on the overall commission rather than piece-by-piece. Lightweight 18K diamond-studded jewellery should always carry separate stone certification (IGI or GIA) alongside the BIS hallmark on the gold portion. Port-city buyers considering NRI-gift export should ask for export-compliant GST invoicing at the time of purchase.
This is general guidance. Always verify prices, purity, and jeweller credentials independently before any purchase.
How the Visakhapatnam Gold Rate Is Determined
The gold rate in Visakhapatnam is not arbitrarily set. It is derived from a chain that begins with the international spot price, typically quoted in US dollars per troy ounce on the COMEX and LBMA. That dollar figure is converted into Indian rupees per 10 grams using the prevailing USD-INR exchange rate. Customs duty on gold imports and a 3% GST are then layered on top to arrive at a landed domestic price.
Local jewellers' associations in Andhra Pradesh — along with wholesale bullion dealers in Visakhapatnam — announce daily rates that further reflect local transportation costs, dealer margins, and short-term demand conditions. When you shop at a jeweller in Visakhapatnam, the sticker price you see per gram is this local-adjusted base rate. On top of that, the final invoice adds making charges (typically 8–25% of the gold value, depending on the design), any wastage charges, stone weight (if the piece has diamonds or gemstones), and 3% GST on the total.
Rates can move within the day in response to global price shifts and rupee movements, which is why Visakhapatnam jewellers often update their sticker prices each morning. For purchases above a few grams, many buyers in Visakhapatnamcall or check online for the day's quoted rate before visiting the showroom.
Related Pages
Gold Rate by Karat
Frequently Asked Questions
What is the gold rate in Visakhapatnam today?
Today's gold rate in Visakhapatnam is ₹13,497 per gram for 22K (916 purity) gold and ₹14,724 per gram for 24K (999 purity) gold. These are indicative base rates excluding 3% GST, making charges, and any stone or wastage charges your jeweller may add.
Why does the gold rate in Visakhapatnam differ from other cities?
Gold rates in Visakhapatnam can vary slightly from the national average because of local jewellers' association quotes, state-specific levies, transportation costs from import ports, and the concentration of wholesale bullion dealers. The base gold price is set globally, but the landed cost to a Visakhapatnam retail jeweller is also influenced by supply-chain distance to the nearest bullion hub.
Where can I buy BIS-hallmarked gold jewellery in Visakhapatnam?
You can buy BIS-hallmarked gold jewellery from any registered jeweller in Visakhapatnam — look for the BIS triangle logo, the purity stamp (916 for 22K or 999 for 24K), and the six-character HUID code etched onto the piece. Verify the HUID on the BIS Care mobile app before paying. Major branded chains and long-established family jewellers in the city typically maintain full BIS compliance.
What is the gold rate in Visakhapatnam with GST today?
With 3% GST included, today's gold rate in Visakhapatnam is approximately ₹13,902 per gram for 22K gold and ₹15,166 per gram for 24K gold. On a 10-gram 22K purchase you would pay around ₹1,39,019 inclusive of GST — the GST component alone on that 10 grams is about ₹4,049. Note that making charges, wastage, and stone-setting fees are additional and are also subject to GST (typically 5% on making charges). Always ask your Visakhapatnam jeweller for a GST-compliant tax invoice that separately lists gold value, making charges, and the GST amount.
How much gold does a typical bridal set cost in Visakhapatnam?
At today's Visakhapatnam rate of ₹13,497 per gram for 22K gold, a 50-gram bridal jewellery set would have a base metal value of approximately ₹6,74,850, before making charges (typically 8–25%) and 3% GST. A full traditional bridal trousseau often involves 100 grams or more of 22K gold across multiple pieces, and the overall invoice can be significantly higher once making charges, wastage, and stone components are added.
Is the gold rate in Visakhapatnam for 22K or 24K?
We publish both 22K (916 purity, used in almost all Indian jewellery) and 24K (999 purity, used in investment coins, bars, and digital gold products) rates for Visakhapatnam. 22K is the right benchmark if you are shopping for jewellery at a Visakhapatnam jeweller. 24K is the relevant benchmark if you are buying investment-grade gold coins, bars, Sovereign Gold Bonds, Gold ETFs, or digital gold.