Gold Rate Today Stable in Hyderabad on -May 3, 2023
Gold Rate Today | Hyderabad, May 3, 2023: Gold rates today in Hyderabad and in Bangalore, Kerala, and Visakhapatnam surged.
Going by the rates of yellow metal in major cities, the Gold rates in Hyderabad are holding at Rs. 55,700 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 60,760.
The Gold rate in Bangalore city for 10 grams of 22-carat is at Rs. 55,700 and the gold rate for 10 grams of 24-carat is at Rs. 60,760.
Gold rates in Kerala per 10 grams of 22-carat are at Rs. 55,700 and the gold rate of 10 grams of 24 carats is at Rs. 60,760.
Gold Rate Today
The gold rates in Visakhapatnam are at Rs. 55,700 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 60,760.
On the other hand, silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per kilogram have been at Rs. 80,500.
While investing in gold in Hyderabad, there is a slight hesitation about buying gold, pearls, or precious jewellery.
The gold rate in Kolkata per 10 grams of 22 carats is Rs. 55,700 and the rate for 10 grams of 24 carats is Rs. 60,760.
The gold rates in Mumbai per 10 grams of 22 carats have been at Rs. 55,700 and Rs. 60,760 per 10 grams of 24 carats.
The silver rates have been at Rs. 76,100 in Kolkata, Chennai, and Mumbai and the rate of silver in Chennai is at Rs. 80,500.
However, the people of Hyderabad can opt for jewellery of various designs in myriad colours, followed by Bars and coins where there could be a good margin.
On the other hand, people who have budget constraints can opt for periodic investments by going on an installment basis for 11 months.
The gold and silver rates mentioned here are due at 8 am and continue to fluctuate every day. Bullion market experts say there are many reasons for the gold rate to fluctuate, such as the change in international market currency prices, inflation, gold reserves at central banks, their interest rates, and the jewellery market that would impact gold rates.
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