Gold Price/Rate in Proddatur Today

Gold Rate Trend in Proddatur from January 2025 to March 2025 (per gram of 24 karat gold) 

Quarterly Gold Rate in Proddatur from January 2025 to March 2025 

1. For the month of January, gold prices in Proddatur opened at Rs.7,508 per gram on 1st January. The price of the yellow metal fluctuated throughout the month, peaking on 31st January at Rs.8,117 per gram, which is the closing rate for the month. The lowest price of gold was Rs.7,508 per gram for the month which was recorded on 1st January. Thus, the total performance of gold in Proddatur observed an inclining trend, with a percentage change of 8.11%. 

1. In Proddatur, the price of 24 carat gold entered the month of February at Rs.8,132 per gram and closed at Rs.8,358 per gram. The price of gold fluctuated dramatically and reached a low of Rs.8,090 per gram on 3rd February. The highest price was reported on 25th February, when a gram of 24 carat gold cost Rs.8,479. Gold prices jumped by 2.78% over the course of the month. 

1. In the month of March, 24 karat gold prices opened at Rs.8,337 per gram and closed at Rs.8,846 per gram on 1st and 31st March, respectively. Over the course of the month, gold rates jumped by 6.11% and hit the peak price point of Rs.8,846 per gram on 31st March. While the lowest price point achieved by the precious yellow metal was at Rs.8,337 per gram on 1st, 2nd, and 3rd March. 

Gold Rate Trend in Proddatur from April 2024 to June 2024

Gold Rate Trend in Proddatur from January 2024 to March 2024

Gold Investment Avenues in Proddatur

The fact that gold is considered as almost sacred in India is no secret. It is an auspicious investment and most celebrations and ceremonies are regarded as incomplete with the absence of gold. Sales of the precious metal peak during the wedding season and festivals. As a result, gold has become one of the best investment options for the people of Proddatur as it offers some sort of a safety net in times of market fluctuations.

Over-the-counter: The most common method of acquiring gold in Proddatur is over-the-counter dealings. The town is home to several different jewellers and banks that provide customers with a number of options depending upon their budget. Jewellery, coins and bars are some of the most common forms through which gold is purchased in Proddatur, with coins and bars dominating sales of the precious metal. Since jewellery is highly liquid and can be resold, individuals find it to be the best possible source of investment. The rates offered by each jeweller or dealer may vary, but investors will receive purity certificates to rest assured that their money is well spent.

Market Trade: Gold can now be purchased from your home or office thanks to modern technology. ETFs, futures contracts and E-gold offer the best avenues for the trade of gold. Gold trading is not completely free of risk, and investors must consider the element of risk involved before putting their money on the precious metal. Individuals can trade E-gold via the National Spot Exchange, and can trade gold ETFs on the Mumbai Stock Exchange.

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