Today's Gold Rate in Nellore

Monitoring the gold rate in Nellore gives you the advantage of making informed and strategic decisions when buying or selling gold. Gold prices are influenced by local demand, currency shifts, and global economic trends, among other factors. 

 

By keeping track of today’s gold prices in Nellore, you can optimise your investment in gold, ensuring the best value. Shopping around and comparing prices from different sellers also helps you avoid overpaying while getting gold items of high purity.

Check out the gold price today in Nellore for different weights below.

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,070	₹9,070	₹0
10 Gram	₹90,700	₹90,700	₹0
100 Gram	₹907,000	₹907,000	₹0

Gold price in Nellore with fluctuations in the last few days, is shown below:

Gold price in Nellore with fluctuations in the last few days, is shown below:

Gold prices in Nellore continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.

 

Gold Prices on 1st April 2025

• 22-Karat Gold: ₹8,780 per gram
• 24-Karat Gold: ₹9,590 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹9,210 per gram
• 24-Karat Gold: ₹10,060 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 21st April 2025:

• 22-Karat Gold: ₹9,310 per gram
• 24-Karat Gold: ₹10,170 per gram

 

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 6th April 2025:

• 22-Karat Gold: ₹8,710 per gram
• 24-Karat Gold: ₹9,520 per gram

 

Overall Performance

Gold prices in Nellore showed a +4.90% increase in April 2025.

Gold prices in Nellore continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.

 

Gold Prices on 1st March 2025

• 22-Karat Gold: ₹8,400 per gram
• 24-Karat Gold: ₹9,160 per gram

 

Gold Prices on 31st March 2025

• 22-Karat Gold: ₹8,770 per gram
• 24-Karat Gold: ₹9,570 per gram

 

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 25th March 2025:

• 22-Karat Gold: ₹8,860 per gram
• 24-Karat Gold: ₹9,670 per gram

 

Lowest Gold Price in March 2025

The lowest recorded price of gold during the month was on 4th March 2025:

• 22-Karat Gold: ₹8,370 per gram
• 24-Karat Gold: ₹9,130 per gram

 

Overall Performance

Gold prices in Nellore showed a +4.40% increase in March 2025.

Gold prices in Nellore continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.

 

Gold Prices on 1st February 2025

• 22-Karat Gold: ₹8,100 per gram
• 24-Karat Gold: ₹8,850 per gram

 

Gold Prices on 28 th February 2025

• 22-Karat Gold: ₹8,390 per gram
• 24-Karat Gold: ₹9,150 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 26th February 2025:

• 22-Karat Gold: ₹8,520 per gram
• 24-Karat Gold: ₹9,280  per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 8th February 2025:

• 22-Karat Gold: ₹8,040 per gram
• 24-Karat Gold: ₹8,780 per gram

 

Overall Performance

Gold prices in Nellore showed a +3.58% increase in February 2025.

When considering gold purchases, it is essential to recognise the factors that affect current gold prices in Nellore. The following are some factors that influence the gold rate:

• Demand and Supply

Cultural events and festivals in Ratlam play a significant role in driving the demand for gold jewellery. Increased local demand, especially during festive seasons, can push prices higher.

• Changes in Domestic Policies

Changes in gold import duties or local tax policies can directly affect gold prices. It is essential to stay informed about any government announcements regarding taxes or duties on gold.

• Fluctuations in the U.S. Dollar's Value

As gold is traded in U.S. dollars, fluctuations in the dollar's value directly impact gold prices. A weaker dollar makes gold more affordable in India, boosting demand and causing prices to rise.

• Impact of Inflation

Economic factors, particularly inflation, affect the value of gold. People often turn to gold as a safe haven when inflation increases, driving up demand and raising prices.

According to the current taxation rules in India, Goods and Services Tax (GST) is applicable to gold purchases. Staying updated on any changes in the GST rate is crucial, as it will affect the amount you pay for the same quantity of gold.

 

Currently, a 3% GST is applied to all gold transactions, while a 5% GST is levied on making charges for jewellery.  

 

For example, if you are purchasing a gold bracelet worth ₹5 Lakhs with 15% making charges, the GST will be ₹15,000 on the gold and ₹3,750 on the making charges. Therefore, the total GST payable on a ₹5 Lakhs gold bracelet would amount to ₹18,750.

Pledging your gold as collateral enables you to get a gold loan to fulfil different financial requirements. The prevailing price of gold determines the loan amount you are eligible for.

 

When gold prices rise, it is advantageous for you since the worth of your collateral increases. 

 

It also enhances loan-to-value ratios and allows access to higher loan amounts. In these situations, you can use your assets to secure funds for various purposes, including business ventures or personal expenditures. Evaluating your gold item’s current worth is essential to know the amount you are eligible for. 

 

At Bajaj Markets, you can effortlessly compare and apply for gold loans from multiple lenders. The process is fast and hassle-free, requiring minimal paperwork.