Gold Prices in Hyderabad Update on January 23
Gold Prices | Hyderabad, January 23: The gold and silver prices in Hyderabad are stable here on January 23, 2025.
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As of January 23, the cost of 10 grams of 24-carat gold is ₹82,580, while the price of 10 grams of 22-carat gold stands at ₹76,470.
Silver prices also remain high, with one kilogram priced at ₹94,000.
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These rates reflect the ongoing demand for precious metals in the city.
Market analysts suggest that global factors, including fluctuations in the international gold and silver markets, continue to influence local prices.
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Buyers are advised to keep track of the rates closely, as even small variations can significantly impact their purchases.
Gold Prices | Where to buy gold in Hyderabad?
In Hyderabad, the precious metal is sold as jewelry and coins. The ornament metal is mainly used for individual consumption, and it has more demand during marriages, festivals, and special occasions.
Panjagutta, Mehdipatnam, Gulzarhouse, and Tolichowki in Hyderabad, are some of the locations where most of the popular jewelry outlets are located.
It is also viewed as a form of investment and is invested for short and long periods. Gold is also considered as a mode of investment. The investor can sell the gold at any point in time, and the return on investment is guaranteed and reliable.
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