Gold Prices Surge in Vizag: 22K Hits ₹1,28,350 as Festive Demand Drives Rally

Gold Prices Surge in Vizag: 22K Hits ₹1,28,350 as Festive Demand Drives Rally

Gold prices in Visakhapatnam climbed higher today, December 26, 2025, reflecting strong festive and year-end buying momentum across the region. For 10 grams, 22-carat gold reached ₹1,28,350, marking an increase of ₹700 from the previous day, while 24-carat gold stood at ₹1,40,020, up by ₹770.

This uptick aligns with broader national trends fueled by wedding season demand, investment buying ahead of 2026, and global factors like a weakening rupee and geopolitical tensions boosting safe-haven appeal. Local jewelers in areas like Jagadamba Centre and MVP Colony report brisk sales, with customers opting for coins, bars, and lightweight ornaments despite the rise.

This uptick aligns with broader national trends fueled by wedding season demand, investment buying ahead of 2026, and global factors like a weakening rupee and geopolitical tensions boosting safe-haven appeal. Local jewelers in areas like Jagadamba Centre and MVP Colony report brisk sales, with customers opting for coins, bars, and lightweight ornaments despite the rise.

Silver prices also edged up, trading around ₹1,450 per kilogram, making it an attractive alternative for budget-conscious buyers.

Monitor daily fluctuations via trusted platforms like the Indian Bullion Association. Prefer hallmarked jewelry from reputed Vizag outlets to ensure purity. Consider sovereign gold bonds for tax-free returns if holding long-term. With New Year celebrations underway, experts predict prices may stabilize or rise further—perfect timing for investors eyeing Vizag's dynamic gold market.