Today Gold Rate in Guntur is Rs. 50,348.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Guntur is a small town in the Guntur district in the state of Andhra Pradesh. Located along the east coast of the Bay of Bengal, it presents a lot of opportunities for imports and exports to happen from neighbouring countries. Guntur district is strategically located and is a major commercial hub in the south-eastern part of India. Not only industries, but it also offers a scope of development and growth in commercial activities.
Gold is one of the most widely traded metals in the district, both among rural and urban population. People of Guntur show a keen interest in buying and selling of gold to local market and to other parts of the country. There is a large demand of gold in the local market of Guntur and people are interested in buying gold in various forms and for different purposes. It is also observed that the demand for gold keeps on changing in the district of Guntur because of which the price of gold also changes in the market. It is worthwhile to understand the factors that trigger changes in the gold prices in Guntur. Some of the major factors are listed below. The list gives an idea about some of the major factors but by no means is it an exhaustive list of factors.