Gold prices in Visakhapatnam were closely watched on October 20, 2026, as consumers considered jewellery purchases during the festive season. The Hindu BusinessLine published a city-wise gold-rate update covering Visakhapatnam and other Indian cities, including Coimbatore, Nagpur, Surat, Jaipur, Lucknow and Chandigarh.

However, the supplied article could not be retrieved directly for verification. Published market trackers also reported differing rates for Visakhapatnam on the same date, so the figures below should be treated as indicative rather than as a single confirmed local market rate.

Gold rates in Visakhapatnam

According to Goodreturns, the indicative gold prices in Visakhapatnam on October 20 were:

• 24-carat gold: ₹14,608 per gram, or ₹1,46,080 per 10 grams.

• 22-carat gold: ₹13,390 per gram, or ₹1,33,900 per 10 grams.

• 18-carat gold: ₹10,956 per gram, or ₹1,09,560 per 10 grams.

  

  Goodreturns

   

The Economic Times reported different indicative rates for the same date: ₹1,42,120 per 10 grams for 24-carat gold and ₹1,35,350 per 10 grams for 22-carat gold. This difference highlights why buyers should confirm the applicable rate with their jeweller before purchasing.

 

Difference between 22-carat and 24-carat gold

Twenty-two-carat gold is commonly used for jewellery because it contains a high proportion of gold while retaining some alloy metals for durability. Twenty-four-carat gold has a higher purity and is commonly used for investment products such as gold bars and coins.

The price varies with purity, market benchmarks and local pricing practices. The final cost of jewellery also depends on the weight, design, making charges and applicable taxes.

What buyers should check before purchasing

Consumers planning to purchase gold in Visakhapatnam should confirm the day's rate for the required purity and check whether the quoted amount includes GST. Making charges and any other applicable costs can increase the final bill beyond the base gold value.

Because the published rates differ between market trackers, the figures should not be interpreted as an official uniform price across all jewellery shops in the city.