Gold Price in Hyderabad Today: Prices Drop on Sept 25
Gold Price in Hyderabad Today | Hyderabad, Sept. 25: Gold rates in Hyderabad witnessed a decline today, marking a significant fall in prices for both 22-carat and 24-carat gold.
According to the market update, the price of 10 grams of 22-carat gold stands at ₹1,04,900, down by ₹800, while 10 grams of 24-carat gold is priced at ₹1,14,440, reflecting a fall of ₹930.
Alongside gold, silver rates also saw adjustments. The price of silver in Hyderabad today is ₹1,50,000 per kilogram.
Gold Price in Hyderabad Fall Amid Market Fluctuations
The fluctuations in gold rates are not limited to Hyderabad alone. International gold prices have also been unstable, contributing to the price variations in the local market. Over the past few weeks, gold prices have remained volatile during the wedding season. Rates have hovered around ₹90,000 per 10 grams for 24-carat gold and nearly ₹1,00,000 for 10 grams of 22-carat gold in the broader market.
Analysts note that while demand during wedding and festive seasons often influences prices, global economic factors and international trading trends play a major role in determining daily rates.
Buyers Advised to Track Live Gold Prices
Market experts emphasize that gold buyers must keep a close watch on live prices since rates change frequently. The prices reported today were updated at 8 a.m., based on yesterday’s closing values. As trading resumes, prices may either rise or fall depending on demand, supply, and international cues.
For buyers in Hyderabad, the current fall in gold prices may present an opportunity to purchase, but with continued volatility, experts recommend monitoring real-time updates before making decisions.
Gold Price in Hyderabad | Where to buy Gold in Hyderabad?
Most of the popular jewelry outlets are located in Panjagutta, Mehdipatnam, Tolichowki, Gulzar Houz in Hyderabad. Jewelry is also viewed as an investment that can be invested for short or long periods. Gold is also considered a mode of investment.
The investor can sell the gold at any point, and the return on investment is guaranteed and reliable. Gold in India tracks international gold prices, while the other two variables remain the rupee rates against the dollar and import duties levied by the government of India.
Some of the well-known jewelry brands are in the city of pearls. The top jewelry houses in the town are Jauhari Jewellers in Toli Chowki, Jagadamba Pearls, Krishna Pearls & Jewelers, Manepally Jewelers, More Jewelers, Tibarumal Jewels, Shree Jewelers, Shri Ram Jewelers, Mangatrai Pearls & Jewelers, and so on.
Disclaimer: The gold rates are sourced from local jewellers in the city. There may be variance in rates and prices. indtoday.com has made every effort to ensure the accuracy of information provided; however, indtoday, its subsidiaries, and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell precious gold. indtoday, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on the gold information provided.
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