Gold rate today in Andhra Pradesh
The 24 carat gold rate in Andhra Pradesh is ₹ 134,032 per 10 grams and ₹ 13,403 per gram at the state benchmark. 916 (22 carat), the grade most jewellery is made from, is ₹ 122,863 per 10 grams.
In pavan terms — the unit most of southern India actually buys in — one pavan of 916 gold is ₹ 98,290 and one pavan of 24 carat is ₹ 107,226. A pavan is 8 grams.
The Andhra Pradesh gold market
Vijayawada and Visakhapatnam anchor the state trade, with Guntur, Nellore, Kakinada, Rajahmundry, Kurnool, Anantapur and Proddatur pricing slightly above. The dual supply route keeps premiums in the upper half of the national range without becoming extreme.
Ugadi, Dasara, Sankranti and the wedding season shape the year. Pilgrimage demand around Tirupati adds a steady baseline that is largely independent of the festival calendar.
The spread across Andhra Pradesh
Right now the gap between the cheapest and dearest market in Andhra Pradesh is ₹ 27 per 10 grams — Vijayawada at the bottom, Tirupati at the top. On a typical 50 gram purchase that is a difference of about ₹ 134, which is real money but rarely worth travelling for once fuel and time are counted.
The metal itself costs the same everywhere on earth at any given second. What varies within Andhra Pradesh is freight from the point of import, how many dealers compete in each town, the cost of holding stock, and when local wedding and festival demand peaks — which is not simultaneous across a state.
Buying gold in Andhra Pradesh
916 is the standard quoting convention. Confirm whether a showroom applies wastage on top of making charges — practice varies considerably between the coastal and interior districts.
Beyond that, the same four questions apply anywhere: the metal rate for the exact karat, the making charge, the wastage percentage, and the tax — each as its own number. A single all-in price cannot be compared against anything.
The background, in one place
- How gold rates are decided — spot, exchange rate, import parity and premium, with live numbers at each step.
- 22K vs 24K — every lower grade is a fixed fraction of the 24 carat price, and the guide shows the arithmetic.
- What 916 means and what a pavan is — the two terms this market trades in.
- Making charges and wastage — where two quotes on the same rate actually diverge.
- Verifying a hallmark — what the stamps guarantee, and what they do not.