Today Gold Rate in Rajahmundry is Rs. 43,053.50 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Rajahmundry is a major city of Andhra Pradesh in the east Godavari region. Located on the river Godavari, it is also the divisional headquarters of Rajahmundry division with a population of over 4 lakhs. The city has a rich legacy of historical and cultural background in the state. Hence, it is also referred as Cultural Capital of Andhra Pradesh.
Rajahmundry is not only a place of great cultural significance but also is a hub for commercial activities in the east & west Godavari region. The major contributors to its booming economy are cloth and bullion business. The city’s cloth market is one of the largest in India and numerous handloom co-operative houses have developed in the last two decades. To the people of Andhra Pradesh, Rajahmundry is the home for cloth merchants. The infrastructure of the city is considered to be one of the most developed and hence is a preferred destination for investors. One of the longest rail-cum-road bridges in India is located on the outskirts of the city on the Godavari River which connects Kovvur and Rajahmundry.
Rajahmundry has one of the biggest bullion markets in India with various gold, silver & platinum dealers spread throughout the city. The important business centers are located in the Mahatma Gandhi wholesale cloth market complex, main road or Fortgate market complex and the Devi Chowk market.