Gold Rate In Guntur Today

In order to purchase gold in Guntur, it is important to know all about the best places in the city that have been selling gold. So, here is a complete list of the places where you can purchase gold in Guntur:

• GRT Jewellers: GRT Jewellers is one of the most popular jewellery brands, especially in South India. In Guntur, the GRT Jewellers is located on Brodipet and is thus accessible from different parts of the city. The goldsmiths at GRT Jewellers are highly skilled so customers easily get attracted to the gold designs manufactured by them. Whether you are a working professional looking for lightweight gold jewellery or a bride looking for the best gold jewellery for your D-day, you can find almost all kinds of gold jewellery here.

• Joyalukkas Jewellery: Another trusted brand to purchase gold jewellery from is Joyalukkas Jewellery. The Joyalukkas Jewellery in Guntur is located on the Amaravathi Main Road. The sales team at Joyalukkas Jewellery strives to provide the utmost customer satisfaction on every gold purchase so that you, as a customer, are pleased.

• Rama Jewellers: Rama Jewellers is yet another popular jewellery shop that is located on Brodipet road in Guntur. The Rame Jewellers in Guntur remains open on all days of the week except Sunday. You can also get your jewellery customised at the Rama Jewellers in Guntur.
• NBFCs: In addition to these popular jewellery shops, you can also invest in digital gold from the popular NBFCs in Guntur which includes IIFL Gold Loan, Manapurram Finance LTD, Muthoot Finance, and many more.

There are a few things that you must keep in mind while buying gold in Guntur. Read on to learn more:

• Making Charges: The cost of production or labour charge that goes into the making of gold jewellery is called the making charges. As an informer customer, it is very important that you verify as well as compare the making charges from different jewellers and only then move ahead with the purchase.

• Hallmark: A hallmarked gold jewellery is a marker of purity. So, whenever you set out to buy gold, always remember to buy BIS Hallmarked jewellery only. The BIS Hallmark is set by the Bureau of Indian Standards with the intent to protect buyers from any kind of fraud and deception.
• Trusted Brands: Be it physical gold or digital gold, it is always crucial that you make your purchase only from trusted brands. If you buy gold from a trusted brand, you can be assured that you are buying gold from a reliable seller that will not scam you.

Like every other investment, the price of gold is based on several factors. Wondering, how? So, enumerated below are the factors that affect the price of gold in Guntur:

• Import Costs: As one of the largest consumers of gold, the price of gold heavily varies depending on the import costs. The moment there is an increase in the import cost, the price of gold also substantially increases.

• Inflation: The value of yellow metal or gold tends to rise during times of inflation. As gold acts as a hedge against inflation, investors tend to hold on to gold in order to deal with inflation in an effective way.
• Global Events: In addition to inflation, global events like war or any form of political turmoil also affect the price of gold. Thus, it is a wise call to not invest in gold during such times.