The gold market in Andhra Pradesh continues to reflect strong demand for both investment and ornaments, especially as the festive season boosts buying. The prices have seen mild fluctuations compared to previous days driven by global market trends, the U.S. dollar movement, and domestic inflation.
Current Gold Prices in Andhra Pradesh (Per 10 Grams):
- 24K Gold: ₹1,24,450
- 22K Gold: ₹1,14,000
- 18K Gold: ₹93,340
- 14K Gold: ₹72,550
(Source: Candere & Groww, Updated on October 25, 2025).candere+2
In cities like Visakhapatnam, Vijayawada, Tirupati, and Guntur, prices remain consistent, showing strong local demand before Diwali and wedding seasons.
Market Overview:
Andhra Pradesh has always been among India’s top gold-consuming states due to its cultural connection with gold. Traditionally, people invest in 22K gold jewelry, while 24K gold is favored for investment in bars and coins.
Gold dealers and jewelers across the state report high walk-ins, with buyers considering current price dips as ideal for purchase. Despite gold’s global price correction of about 0.57% this week, long-term sentiment remains bullish.
Why Gold Prices Fluctuate in Andhra Pradesh:
- Changes in global gold spot prices.
- USD-INR exchange rate variation.
- Local demand spikes during festivals like Akshaya Tritiya and Dhanteras.
- Import duties and taxes imposed by the Indian government.
Conclusion:
For buyers and investors, today offers a good opportunity to purchase gold as prices remain steady but potentially poised for a rise in the coming weeks. Keeping an eye on daily price updates ensures better investment timing.
Whether you’re buying jewelry for an occasion or gold as an investment, Andhra Pradesh’s markets—especially in major cities—offer some of the most competitive and transparent gold rates in India.
