Gold Rate Today in Andhra Pradesh — Complete Guide (7 August 2026)
Today's gold rate in Andhra Pradesh is ₹14,994/gram (24K), ₹13,740/gram (22K), and ₹11,242/gram (18K). 1 Tola (11.6638 grams of 24K gold) costs ₹1,74,887.017 in Andhra Pradesh today. WealthMinty covers gold rates across all 38 cities in Andhra Pradesh.
Gold Purity & Price Comparison in Andhra Pradesh
| Purity | Karat | Gold % | Rate/gram | Best For |
|---|
| 999 | 24K | 99.9% | ₹14,994 | Investment, Coins |
| 916 | 22K | 91.6% | ₹13,740 | Jewellery |
| 750 | 18K | 75.0% | ₹11,242 | Diamond Jewellery |
| 585 | 14K | 58.5% | ₹8,771 | Fashion Jewellery |
About Gold in Andhra Pradesh
Andhra Pradesh has a strong gold tradition. Telugu weddings feature elaborate gold jewellery, and Tirupati is one of the richest temple towns where gold offerings are a centuries-old tradition.
Gold Tradition & Culture in Andhra Pradesh
Tirupati Tirumala temple receives the most gold donations in India. Telugu weddings feature elaborate gold jewellery. Vijayawada and Visakhapatnam are major gold retail markets.
Best time to buy gold in Andhra Pradesh: Ugadi, Akshaya Tritiya, Sankranti (Jan), Dussehra.
How is the Gold Rate Decided in Andhra Pradesh?
The daily gold rate in Andhra Pradesh is not set by any single jeweller or the state government — it is derived from a transparent, four-step chain that keeps prices almost identical across every city in Andhra Pradesh (Bangalore, Mysore, Mangalore, Hubli, and smaller towns differ by only ₹0–100/gram):
- International LBMA benchmark: The London Bullion Market Association fixes the global spot gold price twice daily in USD per troy ounce (1 troy ounce = 31.1035 grams). This is the base for gold worldwide, including Andhra Pradesh.
- USD to INR conversion: The USD price is converted to rupees at the live RBI reference exchange rate. If the rupee weakens against the dollar, gold becomes costlier in Andhra Pradesh even if the international price is flat.
- Import duty + GST:India imports nearly all its gold, so the government's import duty (currently ~15%, including Agriculture Infrastructure and Development Cess) and 3% GST are added. Together these taxes make up roughly 18% of the retail price you pay in Andhra Pradesh.
- Local bullion benchmark (IBJA):The Indian Bullion & Jewellers Association (IBJA) publishes a daily wholesale rate thatAndhra Pradesh's jewellers follow. Each showroom then adds its making charge (3–25% depending on design) and a tiny local margin for transport and overhead — this is the only reason prices vary slightly between shops and cities.
In Andhra Pradesh, gold is traditionally weighed in Tola (తులం) — 1 Tola = 11.6638grams — though most retail billing today is done per gram. The 24K, 22K and 18K prices you see on this page are our editorial team's indicative daily reference rates for Andhra Pradesh, manually curated from public bullion market data (broadly tracking the IBJA national benchmark). They are refreshed daily and may differ slightly from your local jeweller's quote, which includes making charges and local margins.
Why Andhra Pradesh's rate differs from neighbouring states: Only by a negligible ₹0–50/gram, purely on local transport and dealer margin — there is no separate Andhra Pradesh gold tax. Kerala, Tamil Nadu, Andhra Pradesh andAndhra Pradesh all import through the same customs ports, so the underlying landed cost is identical.
Factors Affecting Gold Price in Andhra Pradesh
- International Gold Prices: Andhra Pradesh's gold rate follows global LBMA benchmarks converted to INR.
- USD/INR Exchange Rate: A weaker rupee makes imported gold more expensive in Andhra Pradesh.
- Import Duty & GST: 15% import duty + 3% GST are included in the retail gold price.
- Local Demand: Wedding season and festivals drive up gold demand in Andhra Pradesh. Ugadi, Akshaya Tritiya, Sankranti (Jan), Dussehra.
- Transportation & Dealer Margin: Minor ₹0–100/gram variation between cities in Andhra Pradesh.
Where to Buy Gold in Andhra Pradesh?
You can buy hallmarked 916 gold in Andhra Pradesh from trusted jewellers like Tanishq, Manepally Jewellers, GRT Jewellers, Malabar Gold, Tanishq, Kalyan Jewellers, Joyalukkas, and other BIS-certified gold shops. Buy gold coins, gold bars, and gold jewellery with HUID (Hallmark Unique Identification) number for verified purity. Compare making charges across shops — Tanishq charges 8-25% while local jewellers may charge 5-15%.
Famous gold markets in Andhra Pradesh: Governorpet Vijayawada, Jagadamba Junction Vizag, Tirupati Gold Market.
Gold Loan in Andhra Pradesh
Banks and NBFCs in Andhra Pradeshoffer gold loans at 7-12% interest per annum. With today's 22K rate at ₹13,740/gram, 10 grams of gold can fetch a loan of approximately ₹1,03,050 (75% LTV). 50 grams of 22K gold can get up to ₹5,15,250.
Top gold loan providers in Andhra Pradesh: Muthoot Finance, Manappuram Finance, Muthoot Fincorp, IIFL Finance, Shriram Finance, State Bank of India (SBI), Union Bank of India (merged with Andhra Bank), Indian Bank.
| Gold Weight | Gold Value (22K) | Max Loan (75% LTV) |
|---|
| 10g | ₹1,37,400 | ₹1,03,050 |
| 20g | ₹2,74,800 | ₹2,06,100 |
| 50g | ₹6,87,000 | ₹5,15,250 |
| 100g | ₹13,74,000 | ₹10,30,500 |
Gold Demand in Andhra Pradesh
- Demand Level: Very High
- Capital: Amaravati
- Type: State
- Cities Covered: 38 cities
Tax on Gold Purchase in Andhra Pradesh
- GST: 3% on gold jewellery, coins, and bars purchased in Andhra Pradesh
- Making Charges GST: 5% GST on making/labour charges
- Capital Gains: Short-term (<3 years) — income slab rate. Long-term (3+ years) — 20% with indexation
- TDS: 1% TDS on gold purchases exceeding ₹10 lakh per year
Gold Investment Options in Andhra Pradesh
- Physical Gold: Buy 22K/24K gold coins and gold bars from Tanishq, MMTC-PAMP, or Manepally Jewellers in Andhra Pradesh. 916 gold jewellery is the most popular.
- Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest + tax-free maturity.
- Gold ETFs: Trade on NSE/BSE like shares. No storage hassle. Top picks: Nippon Gold ETF, SBI Gold ETF.
- Digital Gold: Buy from ₹1 via Google Pay, PhonePe, Paytm. Gold stored in insured vaults.
- Gold Mutual Funds: Invest via SIP using our SIP Calculator.
📚 Essential Gold Investment Guides
Read our expert guides to understand gold pricing, tax rules, and smart investment strategies.
🥇
What is 999 Gold? 24K Pure Gold Meaning & Price
999 gold means 24K — 99.9% pure gold. Learn the 999 hallmark meaning, why it is too soft for jewellery but ideal for coins, bars & SGB, and how to verify purity.
Read full guide ➔🥇
What is 916 Gold? 22K Hallmark Meaning & Price
916 gold means 22K — 91.6% pure gold with 8.4% alloy. Learn the 916 hallmark meaning, how to verify it with BIS HUID, price vs 24K, and why it is the standard for jewellery in India.
Read full guide ➔💎
What is 18K Gold? 750 Hallmark Price & Use
18K gold means 75% pure gold + 25% alloy (BIS hallmark 750). Learn why 18K is the standard for diamond & studded jewellery, price vs 22K/24K, colour variants and how to verify it.
Read full guide ➔📈
Gold Price Forecast 2026: Will Prices Increase or Decrease?
Expert analysis and predictions for gold prices in India. Understand global factors, inflation, and if it is the right time to invest.
Read full guide ➔⚖️
22K (916) vs 24K Gold: Which One Should You Buy?
A complete guide on the difference between 22K and 24K gold. Learn which is better for jewellery and which is best for investment.
Read full guide ➔🧮
How to Calculate Gold Jewellery Price (GST & Making Charges)
Do not get cheated at the jewellery store. Learn exactly how to calculate the final price of gold jewellery including making charges and 3% GST.
Read full guide ➔🏛️
Sovereign Gold Bonds (SGB) vs Physical Gold
Why buying digital gold or SGBs might be a better investment than physical gold. Compare returns, safety, and tax benefits.
Read full guide ➔💸
Gold Loan vs Personal Loan: Which is Better?
Need cash urgently? Discover why taking a gold loan is faster, cheaper, and has lower interest rates compared to a standard personal loan.
Read full guide ➔🔍
What is HUID? How to Check BIS Hallmark Gold Purity
Always verify the purity of your gold. Learn how to use the BIS Care App and the 6-digit HUID code to check if your gold is truly 916 hallmarked.
Read full guide ➔❓ Frequently Asked Questions — Andhra Pradesh
▸ Did gold price go up or down today in Andhra Pradesh?
Gold price increased by ₹16 per gram today in Andhra Pradesh. 24K is now ₹14,994/gram, 22K is ₹13,740/gram, 18K is ₹11,242/gram.
▸ What is today's gold rate in Andhra Pradesh?
Today's gold rate in Andhra Pradesh: 24K = ₹14,994/gram, 22K = ₹13,740/gram, 18K = ₹11,242/gram. 1 Tola (తులం) = ₹1,60,260.612.
▸ Why did gold price rise today in Andhra Pradesh?
Today gold rate increased by ₹15 per gram for 22K gold on 07 August 2026 (Friday). The rise in gold rate today was modest compared with Thursday's sharp move, but it came against a stronger global bullion backdrop.
Read full market analysis →▸ How is the gold rate decided in Andhra Pradesh?
The daily gold rate in Andhra Pradesh is set from the international LBMA gold price (London benchmark) converted to rupees at the live USD/INR exchange rate, plus India's import duty (currently ~15%) and 3% GST. The Indian Bullion & Jewellers Association (IBJA) then publishes a daily wholesale rate that jewellers in Amaravati and across Andhra Pradesh follow, adding only a 3–25% making charge and a tiny local margin. This is why rates are nearly identical across all 38 cities in Andhra Pradesh.
▸ Is gold rate same in all cities of Andhra Pradesh?
Gold rates are mostly uniform across Andhra Pradesh with minor variations (₹0-100/gram) based on local demand, octroi, transport costs, and dealer margins.
▸ What is 1 Tola (తులం) gold price in Andhra Pradesh?▼
1 Tola (తులం) is equal to 11.6638 grams of 24K gold. Today's 1 Tola (తులం) price in Andhra Pradesh is ₹1,74,887.017.
▸ Where to buy gold in Andhra Pradesh?▼
Top certified jewellers in $Andhra Pradesh: Manepally Jewellers, GRT Jewellers, Malabar Gold, Tanishq. Always verify the BIS hallmark and scan the HUID number on the jewellery using the BIS Care app.
Learn how to verify BIS hallmark →▸ What is the making charge for gold in Andhra Pradesh?▼
Making charges in $Andhra Pradesh typically range from 8% to 20% of the gold rate at major showrooms like Tanishq, Kalyan Jewellers, and Malabar Gold. Plain designs (chains, bangles) attract 8-10%, while intricate hand-crafted temple jewellery attracts 15-20% making charges.
Full jewellery price calculation guide →▸ Is gold a good investment in Andhra Pradesh?▼
Yes, gold is a highly trusted asset and hedge against inflation in $Andhra Pradesh. Popular options include physical gold (jewellery, bars, coins), Digital Gold, Gold Mutual Funds, and
Sovereign Gold Bonds (SGBs) which offer a 2.5% annual interest rate plus tax-free capital gains.
▸ What is the difference between 22K and 24K gold?▼
24K (999) gold is 99.9% pure, primarily used for investment bars and coins — read our
999 gold guide. 22K (916) gold is 91.6% pure, alloyed with zinc or copper to make it strong enough for daily wear jewellery —
916 gold guide. For diamond jewellery, 18K (750) is preferred —
18K gold guide. For the full comparison, see
22K vs 24K →▸ What is today's 18K gold rate in Andhra Pradesh?▼
18K gold rate in $Andhra Pradesh today is ₹11,242/gram. 18K gold is 75% pure and is widely preferred for crafting diamond-studded and stone-studded jewellery due to its durability.
What is 18K gold? →▸ How to check gold purity in Andhra Pradesh?▼
Always look for the official BIS hallmark. It contains the BIS logo, purity grade (e.g., 916 for 22K, 750 for 18K), and a unique 6-digit alphanumeric Hallmark Unique Identification (HUID) code.
Full HUID verification guide →▸ What is 916 gold rate in Andhra Pradesh today?▼
916 gold (22K gold with 91.6% purity) is the standard jewellery grade in India. Today's 916 gold rate in $Andhra Pradesh is ₹13,740 per gram. 10 grams of 916 gold costs ₹1,37,400.
Full 916 gold guide → Verify 916 hallmark →▸ What is the gold coin and gold bar price in Andhra Pradesh?▼
24K gold coin (1g) costs ₹14,994 in Andhra Pradesh. A 10g gold bar costs ₹1,49,940. You can buy certified 24K gold bars and coins from Tanishq, MMTC-PAMP, or Malabar Gold.
▸ What is the GST on gold in Andhra Pradesh?▼
GST on gold is 3% on the value of gold, plus 5% GST on the making charges. For investment gold sold after 3 years, long-term capital gains tax of 20% with indexation applies.
▸ When is the best time to buy gold in Andhra Pradesh?▼
Auspicious occasions like Dhanteras, Akshaya Tritiya, Diwali, and regional wedding seasons see high retail demand in $Andhra Pradesh. For investment, buying systematically during market corrections is recommended.
Read 2026 gold price forecast & trends →▸ How many cities in Andhra Pradesh show gold rates?▼
WealthMinty tracks gold rates across 38 cities and municipalities in Andhra Pradesh. You can click on any city name above to view detailed local prices, graphs, and calculators.
▸ Is gold a good investment in 2026 in Andhra Pradesh?▼
▸ Where can I find accurate gold rate in Andhra Pradesh daily?▼
WealthMinty publishes indicative daily gold rates for Andhra Pradesh, covering 24K, 22K, and 18K prices across 38 cities. Rates are manually curated by our editorial team from public bullion market data, updated daily, with 1-month price history, gold weight calculator, and city-wise comparison.
View all India gold rates →▸ What is the gold rate trend this month in Andhra Pradesh?▼
Gold prices in Andhra Pradesh broadly track the national benchmark rate. You can view the detailed 30-day gold rate history chart above to see daily price movements. Current 24K rate: ₹14,994/gram, 22K rate: ₹13,740/gram.
Read gold rate trend analysis →▸ How much gold can I buy for ₹1 lakh in Andhra Pradesh?▼
At today's rate, ₹1,00,000 can buy 6.67 grams of 24K gold or 7.28 grams of 22K gold in Andhra Pradesh. For ₹50,000, you can buy 3.33g (24K) or 3.64g (22K). Note: making charges (3-25%) and 3% GST are additional.
🔍 People Also Search For