Today Gold Rate in Visakhapatnam is Rs. 51,324.00 per 10 grams for 24 Karat
(10 grams = 1 tola gold)
Gold needs no introduction in India. It’s importance, worth and charisma speaks volumes and is often unrivaled. We worship it, invest in it, adorn ourselves with it, weave it into our clothes and even eat it. Our love affair with this precious yellow metal transcends the boundaries of caste, religion and class — and reaches its zenith during various special occasions in our life – festivals, marriage, childbirth, etc.
Trend of Gold Rate in Visakhapatnam for last 10 days
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Within India, this love is even more pronounced in the southern states, especially Kerala. However, other states like Andhra Pradesh and Tamil Nadu are fast catching up.
Vishakhapatnam, often called by its by funkier name– Vizag (and of course much easier on the tongue) it is the largest city, in terms of population as well as area, in Andhra Pradesh. This financial capital of the state offers a great coastline and its beautiful landscapes brimming with natural beauty has also earned it nicknames like The Jewel of the East Coast, The City of Destiny and the Goa of the East Coast.
This city has deep religious roots and also derives its name from the shrine of God Vaisakha. It is no surprise that “Gold” which has high religious significance in Hindu mythology (which is the most practiced religion here), is a deeply revered and sought after metal for Vizag residents as well. The demand for gold increases significantly at the time of important festivals such as Ugadi, Diwali, Dhanteras and Akshay Trithiya. It’s adhesive association with festivals is a result of the prosperity that it is said to bring along. Wearing or gifting gold has also come to be associated as a symbol of status and prosperity. Gold is etched so strongly in the traditions of Vishakhapatnam, that even dancers performing folk dances such as Kuchipudi are adorned with golden dresses and ornaments.
Apart from festivals, another occasion where Gold makes its presence felt very strongly is during weddings. In fact, it is said many times that it’s all about the “Kancheevaram and Gold” for the south Indian bride.