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Gold Rate In Khammam

In Telangana, the district of Khammam is very significant historically as it is a very famous place to buy gold. It is no secret that today, gold is much more than just jewellery. Additionally, gold has been utilised as a medium of commerce, a store of wealth, and to create priceless jewellery and other artefacts. The value of gold is essentially a social construct and will continue to be valuable. Today’s Gold rate in Khammam is: 1 gram cots ₹ 4,840 and for 8 gram, the cost is ₹ 38,720.

Today Gold Price in Major Indian Cities

City22 Carat Gold Price Today24 Carat Gold Price Today
Visakhapatnam ₹66,940₹71,670
Udupi ₹66,870₹71,570
Vizianagaram ₹66,940₹71,670
Thrissur ₹66,930₹71,670
Tirunelveli ₹66,980₹71,560
Shimoga ₹66,870₹71,580
Salem ₹66,960₹71,550
Ranchi ₹67,100₹71,730
Patna ₹66,850₹71,680
Nellore ₹66,910₹71,690
Varanasi ₹66,860₹71,560
Ghaziabad ₹66,850₹71,590
Jhansi ₹66,850₹71,590
Gorakhpur ₹66,850₹71,590
Allahabad ₹66,850₹71,590
Meerut ₹66,850₹71,590
Raipur ₹67,100₹71,580
Lucknow ₹66,850₹71,590
Madurai ₹66,960₹71,580
Kurnool ₹66,920₹71,680
Kozhikode ₹66,950₹71,680
Kollam ₹66,950₹71,650
Rourkela ₹66,850₹71,630
Berhampur ₹66,850₹71,630
Cuttack ₹66,850₹71,630
Kolkata ₹66,850₹71,630
Aurangabad ₹66,950₹71,610
Kolhapur ₹66,960₹71,650
Nanded ₹66,990₹71,610
Ahmednagar ₹66,950₹71,610
Latur ₹66,950₹71,610
Amravati ₹66,950₹71,610
Solapur ₹66,980₹71,630
Jalgaon ₹66,950₹71,610
Thane ₹66,980₹71,660
Nashik ₹66,960₹71,640
Nagpur ₹66,950₹71,610
Pune ₹66,980₹71,610
Nagpur ₹66,950₹71,610
Nagercoil ₹66,990₹71,560
Meerut ₹66,850₹71,590
Latur ₹66,950₹71,610
Karur ₹66,980₹71,540
Kakinada ₹66,920₹71,700
Jhansi ₹66,850₹71,590
Jalgaon ₹66,950₹71,610
Khammam ₹67,300₹71,570
Nizamabad ₹67,300₹71,570
Karimnagar ₹67,300₹71,570
Hyderabad ₹67,300₹71,570
Udaipur ₹66,800₹71,670
Jodhpur ₹66,770₹71,670
Jaipur ₹66,750₹71,690
Gulbarga ₹66,870₹71,570
Faridabad ₹66,800₹71,650
Erode ₹66,960₹71,590
Gorakhpur ₹66,850₹71,590
Ghaziabad ₹66,850₹71,590
Gurgaon ₹66,760₹71,670
Guwahati ₹67,000₹71,610
Cuttack ₹66,850₹71,630
Coimbatore ₹66,960₹71,560
Shimla ₹67,050₹71,650
Jammu ₹66,930₹71,580
Amritsar ₹66,800₹71,650
Ludhiana ₹66,850₹71,620
Chandigarh ₹66,800₹71,650
Chennai ₹66,950₹71,500
Belgaum ₹66,860₹71,590
Bhubaneswar ₹66,850₹71,640
Allahabad ₹66,850₹71,590
Ahmednagar ₹66,950₹71,610
Aurangabad ₹66,950₹71,610
Ambala ₹66,780₹71,680
Amravati ₹66,950₹71,610
Amritsar ₹66,800₹71,650
Ratlam ₹67,240₹71,680
Jabalpur ₹67,220₹71,680
Surat ₹66,830₹71,590
Bhopal ₹67,200₹71,670
Indore ₹67,250₹71,670
Ahmedabad ₹66,800₹71,580
06-Oct-2024
Gold Price in Khammam
₹71,570/10g
Check Price in India
Day22 Carat24 CaratChange
Today₹67,300₹71,5700.0%
Yesterday₹67,300₹71,570+0.21%
Above Price as per 10 gm
gold_img

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Today 22 Carat Gold Rate in Khammam

Day1 gram8 gram10 gram100 gramChange
Today Price₹6,730₹53,840₹67,300₹6,73,0000.0%
Yesterday Price₹6,730₹53,840₹67,300₹6,73,000+0.22%

Today 24 Carat Gold Rate in Khammam

Day1 gram8 gram10 gram100 gramChange
Today Price₹7,157₹57,256₹71,570₹7,15,7000.0%
Yesterday Price₹7,157₹57,256₹71,570₹7,15,700+0.21%

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Best Places To Buy Gold In Khammam

Following are the best places to buy gold in Khammam:

  1. Sri Venkatrama Jewellers - It is one of the most famous shops in Khammam to buy gold, silver, and diamonds. They have been in operation for a while and are renowned for their high-quality jewellery. Sri Venkatrama Jewellers is situated next to the Thirumala Cinema Hall at the Venkatrama Complex, Wyra Road, Gandhichowk. Only the Venkatrama jewellery line has a strong collection and little waste. They are the greatest in the industry because of the service they provide to their clients.
  2. Joyalukkas Jewellery - Joyalukkas India Pvt Ltd, which was founded in 2013, is a leading competitor in the Khammam market for gold jewellery showrooms. This well-known business serves both local and visitors from various regions of Khammam as a one-stop shop. It is conveniently located on Wyra Road, close to the RTC bus stop, across from the Kaveri Hotel, making it simple for new customers to find this business. It is renowned for offering excellent service.
  3. Swarna Sri Jewellery- The Wyra Road, Khammam branch of Swarna Sri Jewellery is renowned for satisfying the needs of its clientele. The company was established in 2019 and has since been well-known in its industry. It may be found at House No. 15-11-82 on Wyra Road, next to the Haveli Restaurant. This restaurant is located next to the Haveli Restaurant, a well-known institution in the neighbourhood. Everyone has a lot of options, and the prices are excellent. very great vendor, really excellent selection, and very pleasant environment.
  4. NBFCs- You can purchase gold through NBFCs from Khammam from places like Attica Gold Company and IIFL Gold Loan.

Historical Gold Rates in Khammam

MonthsLowest Price (24 Carat) Gold rate/ 10gramHighest Price (24 Carat) Gold rate/ 10gram
Feb,2024₹55,910₹63,820

Gold As An Investment

Gold has several advantages as an investment since it is recognised for the long-term protection of your capital.

  1. Value Preservation- Unlike coins, paper money, or other goods, gold has maintained its value over time. People are said to use gold as a way to preserve and pass on their wealth from one generation to the next. Since the beginning of time, people have treasured the unique properties of the golden metal.
  2. Protection Against Inflation- Due to its propensity to increase in value whenever the living expenses rises, gold has traditionally been a great inflation hedge. Investors have seen the stock market crash and skyrocketing gold prices over the previous 50 years during rising rate of inflation. This is because gold is often priced in fiat currency units, and so tends to climb along with everything else, when fiat money's purchasing value is depreciated due to inflation.
  3. Growing Demand- Prior years saw growing demand for gold due to the affluence of rising market countries. A lot of these nations have a rich cultural history with gold. The demand for gold has been constant, especially in China, where gold bars are a common way to save money. India is the second-largest consumer of gold in the world, and it is used for a variety of purposes there, including jewellery.
  4. Diversification of Assets- Identifying assets that are not associated with one another is the way to diversification; historically, gold has had no relationship with stocks as well as other financial instruments.

Things To Remember While Buying Gold In Khammam

There are a few things that you must keep in mind before buying gold, which is listed below:

  1. Value of Gold- It is critical to comprehend the true market value of any gold you intend to sell. You should compare prices by going to many dealers in used gold jewellery. You could sell it to a buyer who is willing to pay the greatest price, according to the study. Knowing the actual worth of gold will enable you to make the most money possible.
  2. Verify The Gold's Purity- Gold purchasers always prefer to purchase hallmarked gold jewellery over non-hallmarked gold valuables. The purity of gold is established via hallmarked jewellery. For 22-carat gold, the 916 hallmark indicates 91.6% purity of the metal.
  3. Sales- The gold rate today varies since gold sales are at their peak at particular periods of the year. Purchasing gold jewellery in the off-season is wise since prices are cheaper and there are more deals available.
  4. The Right Color- The ridiculous rates that many jewellers charge for rose gold and white gold jewellery fool their customers. Remember that the cost of gold is the same whether it is white, yellow, or pink. This is due to the fact that just a small number of metals must be added in order to get a certain colour. Therefore, you should never spend extra for your gold jewellery, regardless of colour.

Factors Which Affect The Price Of Gold In Khammam

Online and in publications, you can find Khammam's current gold rate. The following variable prices have an impact on gold rates:

  1. US Dollar- Our nation's exports and imports are impacted by the fluctuating Rupee and US Dollar exchange rate. India purchases gold in US dollars. When this rate rises, import expenses increase and the price of gold in Khammam rises.
  2. Alloy Prices- Prices for alloys should be checked since metals like silver, copper, and others are frequently added to gold to enhance their strength. City investors often monitor the pricing of other metals as a result.
  3. Import Tax- India accounts for less than 1% of the world's total gold output. However, Khammam has a very strong demand for gold. The second-largest consumer of gold worldwide is India as a nation. As a result, import taxes on gold have a direct impact on its daily selling price.

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News and Articles

FAQs

  • How to check for the hallmarked 916 22 karats gold in Khammam?

    The mark on gold of Bureau of Indian Standards (BIS) mark is present on any hallmarked gold.

     

  • Do I need to pay tax on bringing gold into Khammam from abroad?

    Yes, you would need to pay tax on the gold which is brought into the country after getting it checked with the Income Tax department.

     

  • How to check the purity of gold in Khammam?

    A gold bar or ornament is pure if the percentage is more than 90%.

     

  • What is the difference between 22 karats and 24-karat gold?

    24-karat gold has 99.5% or more pure gold, whereas 22-karat gold has a purity rate of 91.7%. 

     

  • How do you double-check your BIS hallmark in Khammam?

    You can verify with the jewellery shop from where you bought the gold jewellery to double-check your BIS hallmark in khammam.

     

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