24K Gold Rate in Nellore Today (05 March 2026)

Today’s prices

Select city:
Updated: 05 Mar 2026, 19:14
24K Gold
-₹163 (-0.99%)
₹16,288 / g
10g: ₹1,62,880

Today's Gold Price by Weight

Weight24K (999)
1 gram₹16,288
8 grams₹1,30,304
10 grams₹1,62,880
1 Tola (11.664g)₹1,89,983
100 grams₹16,28,800

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Market Analysis

Today's gold rate in Nellore is ₹14,930 per gram for 22k gold. The price has decreased by 0.99% compared to yesterday. Over the last 30 days, the highest recorded rate was ₹15,865 on 1 March and the lowest was ₹14,760 on 26 February. The market has shown high volatility of 7.49% this month.

Gold Investment Guide for Nellore

Digital Gold vs Physical Gold
In Nellore, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.
Taxation on Gold
Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.
Checklist Before Buying
1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Nellore.
3. Ensure the invoice includes the HUID code for buyback assurance.

24K Gold (999 Purity) Investment Prices in Nellore per Gram

Today, the 24K gold rate in Nellore is ₹16,288 per gram. Referred to as 999 purity, 24K is the purest gold in Nellore, ideal for investment coins and bars rather than jewelry due to its natural softness.

Nellore is a coastal Andhra city where aquaculture (shrimp and fish) export wealth has created a prosperous merchant class. The gold market runs along Trunk Road and in Krishna Nagar. Shrimp exporters and fish processing industry owners are among the major gold buyers. Traditional Telugu wedding gold sets are elaborate. 22K is the standard. Sankranti is the biggest gold-buying occasion. Gold rates track the Hyderabad MCX benchmark.

Get the latest 24K gold price in Nellore per gram. Track live 999 purity trends and investment updates for Nellore today.

Trend

Trend graph
Low: ₹16,102High: ₹17,308
₹17,489₹17,097₹16,705₹16,313₹15,92124 February 202605 March 2026
DatePrice / gChange / g
05 March 2026₹16,288-₹163 (-0.99%)
04 March 2026₹16,451-₹551 (-3.24%)
03 March 2026₹17,002-₹49 (-0.29%)
02 March 2026₹17,051-₹257 (-1.48%)
01 March 2026₹17,308+₹437 (+2.59%)
28 February 2026₹16,871+₹714 (+4.42%)
27 February 2026₹16,157+₹55 (+0.34%)
26 February 2026₹16,102-₹87 (-0.54%)
25 February 2026₹16,189+₹11 (+0.07%)
24 February 2026₹16,178+₹43 (+0.27%)

Gold Rate in Other Cities

FAQ

Why is 24K gold not used for jewelry in Nellore?

24K gold is 99.9% pure and extremely soft. If used for jewelry, it would easily bend or break. Jewelers in Nellore recommend 22K or 18K for durability.

Is 24K gold in Nellore a good investment?

Yes, 24K gold bars and coins are the most liquid investment assets in Nellore. They offer the highest resale value because there is no purity loss during melting.

What does 999 purity mean for 24K gold?

999 purity means the gold is 99.9% pure. When buying 24K gold in Nellore, always look for the 999 mark to ensure you are getting investment-grade bullion.

Can I convert my 24K coins into jewelry in Nellore?

Yes, you can take 24K coins to any jeweler in Nellore. They will melt it and add alloys to create 22K or 18K jewelry, though you will pay making charges for the new ornaments.

How can I check if my 24K gold is real in Nellore?

Look for the BIS Hallmark and the 999 purity stamp. You can also visit an acid-testing center or use an XRF machine at reputable gold dealers in Nellore.