Today's Gold Rate in Srikakulam

Today's 24 Karat gold prices in Srikakulam are ₹1,17,728 for 8 grams and ₹1,47,160 for 10 grams. You can check the detailed rate information below.

Unlike many inland markets, Srikakulam's jewellery demand is supported by a combination of agriculture, fishing, coastal trade, and processing industries spread across the district.

The city serves as a shopping destination for buyers from nearby locations such as:

• Palasa

• Sompeta

• Tekkali

• Narasannapeta

• Amadalavalasa

• Coastal fishing settlements

• Rural agricultural mandals

Some of the key buyer segments contributing to local jewellery demand include:

• Paddy-growing households

• Cashew growers and processors

• Coconut-farming families

• Rice-mill owners

• Agricultural traders

• Fishing-community households

• Government employees

• Wedding-buying families

This creates a broad customer base that supports jewellery purchases for weddings, gifting, festivals, and long-term family ownership.

The table below includes yesterday's 22 Karat gold prices in Srikakulam, with rates of ₹1,14,040 for 8 grams and ₹1,42,550 for 10 grams. Explore the detailed rate information below.

Wedding jewellery remains one of the strongest drivers of gold demand in Srikakulam. The city's market reflects Telugu bridal customs while also serving families from coastal and border-region communities across North Andhra.

Some jewellery categories frequently associated with wedding purchases include:

Vaddanam

A decorative gold waist belt that remains one of the most recognisable Telugu bridal ornaments.

Kasulaperu

A necklace featuring coin-shaped motifs that is commonly included in wedding-jewellery collections.

Buttalu And Jimikki

Bell-shaped earrings that remain popular for weddings, festivals, and gifting.

Vanki

A traditional armlet worn during bridal ceremonies and cultural occasions.

Lakshmi Haram

A long necklace often featuring Lakshmi-inspired designs that continues to be popular among bridal buyers.

Mango Mala

Known for its mango-shaped motifs, this necklace style remains a traditional South Indian wedding-jewellery choice.

Addigai

A close-fitting neck ornament that is often paired with longer bridal necklaces.

Gajulu

Gold bangles remain one of the most widely purchased wedding-jewellery categories across North Andhra.

Today's 18 Karat gold price in Srikakulam is ₹1,14,670 for 10 grams. See the complete rate details below.

From the late 10 days, 24 Karat gold in Srikakulam has gone from ₹1,46,480 to ₹1,47,160 per 10 grams. Each date is recorded in the table.

Srikakulam's jewellery market is not shaped solely by weddings and family purchases. The city's association with important religious centres such as the Arasavalli Sri Surya Narayana Swamy Temple and the Srimukhalingeswara Temple contributes to year-round demand for devotional and ceremonial jewellery.

Many visitors travelling to these temple destinations also spend time in the city's commercial areas, supporting retail activity across jewellery and gifting categories.

Some commonly purchased items include:

• Gold and silver devotional pendants

• Lakshmi-themed jewellery

• Temple-inspired necklaces

• Children's jewellery

• Gold coins for gifting

• Bangles and earrings for religious occasions

Temple-inspired jewellery remains particularly popular because of its connection to traditional South Indian craftsmanship. Designs featuring Lakshmi motifs, floral patterns, peacocks, and other religious symbols continue to feature prominently in bridal and festive collections.

Srikakulam's gold market forms part of a wider North Andhra trading network that connects the city with Visakhapatnam, Palasa, Berhampur, and other regional commercial centres.

Since many jewellers source bullion through wholesalers and suppliers based in Visakhapatnam, local pricing often reflects developments in the region's primary bullion hub.

The connection provides buyers with access to:

• A broad range of bridal jewellery collections

• Temple-jewellery designs

• Contemporary gold jewellery

• Hallmarked gold products

• Competitive retail pricing

While local demand may fluctuate during festival and wedding seasons, the underlying gold rate is primarily influenced by:

• International bullion prices

• Rupee-dollar movements

• Import duties and taxes

• Domestic market conditions

• Wholesale bullion trends in Visakhapatnam

When purchasing jewellery, it is important to look beyond the prevailing gold rate and understand the components that contribute to the final bill.

Final Jewellery Price = (Gold Rate × Net Gold Weight) + Making Charges + Stone Charges (If Applicable) + 3% GST

Suppose you purchase a 10-gram 22 Karat gold ornament worth ₹1,40,150 and the jeweller charges ₹10,000 as making charges.

• Gold Value = ₹1,40,150
• Making Charges = ₹10,000
• Subtotal = ₹1,06,000
• GST @ 3% = ₹3,180

Estimated Final Cost = ₹1,09,180

The final amount may vary depending on the prevailing gold rate, making charges, wastage charges (if applicable), and any gemstones that form part of the jewellery design.

Gold purchases in Srikakulam are influenced by a combination of Telugu festivals, temple traditions, family ceremonies, and wedding customs. While weddings remain a major driver of jewellery demand, several religious and seasonal occasions also contribute to buying activity throughout the year.

Sankranti

As one of the most important festivals in coastal Andhra Pradesh, Sankranti is often associated with family gatherings, gifting, and purchases of gold jewellery, coins, and bangles.

Ugadi

The Telugu New Year is considered an auspicious time for buying new jewellery. Many families purchase gold coins, chains, earrings, and gifts during the festival.

Akshaya Tritiya

This occasion attracts buyers looking for gold coins, lightweight jewellery, and advance wedding purchases.

Varalakshmi Vratam

Many households purchase Lakshmi-themed jewellery, bangles, earrings, and devotional ornaments during this festival.

Vinayaka Chavithi

Families often buy jewellery gifts, Ganesha pendants, and other precious-metal articles as part of festive celebrations.

Rathasaptami At Arasavalli

Rathasaptami holds special significance in Srikakulam because of the renowned Arasavalli Sri Surya Narayana Swamy Temple. The festival attracts devotees from across Andhra Pradesh and neighbouring states, contributing to wider retail and shopping activity in the city.

Maha Shivratri At Srimukhalingam

The Srimukhalingeswara Temple draws pilgrims during Maha Shivratri. Jewellery, gifting items, and devotional purchases often form part of the broader festive shopping period.

Dhanteras And Diwali

This is one of the busiest seasons for jewellers, with demand for gold coins, chains, bangles, silverware, and old-gold exchange transactions.

Wedding Season

Demand typically rises for Vaddanam, Lakshmi Haram, Kasulaperu, Addigai, Jhumkas, Vanki, bangles, Mangalsutras, and bridal jewellery sets.

Srikakulam's jewellery market is spread across traditional commercial districts and newer retail corridors that serve customers from across the city and neighbouring mandals.

Seven Roads Junction

One of the city's best-known commercial landmarks and a major jewellery-shopping destination. The area is home to several established jewellers and attracts buyers looking for bridal jewellery, chains, bangles, and gold coins.

GT Road

A prominent retail corridor where customers can explore a mix of traditional family jewellers and organised jewellery showrooms.

Old Bus Stand Road

Known for long-established jewellery businesses, custom work, repairs, and old-gold exchange services.

Kollavari Street

Part of the traditional market area, this locality is associated with jewellery shopping, family jewellers, and wedding-related purchases.

New Colony

A growing commercial area that caters to buyers looking for modern jewellery collections, lightweight designs, and contemporary bridal sets.

Palakonda Road

An important retail stretch serving both city residents and customers from nearby towns.

Day & Night Junction

A recognised city landmark surrounded by retail activity and local shopping establishments.

Railway Station Commercial Area

Convenient for customers travelling from surrounding districts and mandals for wedding jewellery and high-value purchases.