Gold Rate Today, December 26: Gold prices are unchanged, while in Hyderabad, Bangalore, Kerala, and Visakhapatnam, silver prices are likewise unchanged.
Experts blame the weakening of the Indian rupee for the recent volatility in gold prices.
Nevertheless, based on the prices of yellow metal in significant cities on Monday.
The gold rates in Bangalore city are Rs. 49,850 for 10 grams of 22-carat gold and Rs. 54,380 for 10 grams of 24-carat gold.
The gold rates in Hyderabad are holding at Rs. 49,850 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 54,380.
Gold rates in Kerala per 10 grams of 22-carat are at Rs. 49,850 and the gold rate of 10 grams of 24 carats is at Rs. 54,380.
The gold rates in Visakhapatnam are Rs. 49,850 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 54,380. On the other hand, silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per kilogram have been at Rs. 74,000.
While investing in gold in Hyderabad, there is a slight hesitation about buying gold, pearls, or precious jewelry. However, the people of Hyderabad can opt for jewelry of various designs in myriad colors, 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.
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