Hyderabad Sees Slight Dip in Gold Prices on February 28
Hyderabad, February 28: Gold prices in Hyderabad began on February 28, 2024, with a slight decline. The price of 10 grams of 22-carat gold dropped by Rs. 10 to Rs. 57,590, while 10 grams of 24-carat gold saw a similar decrease to Rs. 62,830.
The silver market in Hyderabad also maintained its trend, with the current rate holding steady at Rs. 75,400 per kilogram.
The gold rates in Vijayawada on 28 February 2024 have been slashed, the price of 10 grams of 22-carat gold is at Rs. 57,590 with a fall of Rs. 10 while the rate of 10 grams of 24-carat gold is trading at Rs. 62,830 with a fall of Rs. 10. As for silver, the silver rate in Vijayawada is recorded at Rs. 75,400 per kilogram.
The gold rates in Visakhapatnam have been slashed. The price of 10 grams of 22-carat gold is at Rs. 57,590 with a fall of Rs. 100 and 24-carat gold is at Rs. 62,830 with a fall of Rs. 110. In Visakhapatnam, the silver rate is Rs. 76,300 per kilogram.
Gold prices
Recent weeks have witnessed a downward trend in gold prices, particularly during the wedding season. Prices typically hover around Rs. 60,000 for 10 grams of 24-carat gold and Rs. 55,000 for 22-carat, making the recent dips a welcome respite for buyers.
Several factors influence gold prices, including market demand, geopolitical tensions, and economic indicators. Staying informed about these factors and tracking live prices is crucial for making informed buying decisions.
While yesterday’s closing rates are mentioned, today’s prices could begin higher or lower. Potential buyers should monitor real-time updates to capitalize on favorable market conditions.
Analysts and experts continue to analyze the drivers of gold prices, offering valuable insights for investors navigating the ever-changing precious metals market.
Next Story:
-
Adani Bribery Case: KTR Demands Telangana Govt To Cancel All Contracts
![Adani Bribery Case: KTR Demands Telangana Govt To Cancel All Contracts]()
Hyderabad, Nov 22 (Maxim News): BRS working president KT Rama Rao demanded the Congress government in Telangana to cancel its agreements with the Adani Group, worth Rs 12,400 crore, and return the Rs 100 crore donation made by the group for the Skill University. The demand follows charges of corruption and bribery against industrialist Gautam Adani…
-
Raja Singh Sparks Controversy Again: Advises Ayyappa Devotees’ To Visit Vavar Mosque
![Raja Singh Sparks Controversy Again: Advises Ayyappa Devotees’ To Visit Vavar Mosque]()
Hyderabad, Nov 22 (Maxim News): Goshamahal BJP MLA Raja Singh, sparked controversy after advising Ayyappa Swamy devotees not to visit the Vavar mosque of Hazrath Vavarswami Darga and mosque—popularly known as Vavar mosque—when traveling to the Sabarimala Temple in Kerala.
-
Telangana: DCA Cracks Down On Fake Drug Claims For Critical Illness
![Telangana: DCA Cracks Down On Fake Drug Claims For Critical Illness]()
Hyderabad, Nov 22 (Maxim News): The Drug Control Administration (DCA), Telangana State seized several drugs that were circulating in the market with misleading claims of treating Cardiovascular disorders, blood pressure, Ophthalmic diseases/disorders, fevers, and diabetes, which is in contravention of the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954, a DCA press release said.
-
Three Arrested For Practicing Allopathy In Telangana
![Three Arrested For Practicing Allopathy In Telangana]()
Hyderabad, Nov 22 (Maxim News): The drug inspectors of Telangana State Drug Control Administration (TSDCA) conducted raids on the premises of three quacks (unqualified medical practitioners), who were practicing allopathy, at different locations in Telangana State and seized substantial stocks of medicines worth Rs. 83,000, stored illegally for sale.
-
Like Praja Palana Forms, Now Caste Survey Applications On Road
![Like Praja Palana Forms, Now Caste Survey Applications On Road]()
Hyderabad, Nov 22 (Maxim News): The caste census survey applications have been found scattered again and this time near Tarnaka Metro station in the city on Friday. This is the second such incident being reported in the State.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
