Gold Prices | Hyderabad, November 3, 2023: Gold prices in Hyderabad surged on Thursday, with 10 grams of 22-carat gold trading at Rs. 56,500, an increase of Rs. 110 from Wednesday’s closing rate. 10 grams of 24-carat gold also saw a rise of Rs. 110, trading at Rs. 61,640.
In contrast, gold prices in Vijayawada fell on Thursday, with 10 grams of 22-carat gold trading at Rs. 56,500, a decrease of Rs. 100 from Wednesday’s closing rate. 10 grams of 24-carat gold also saw a fall of Rs. 100, trading at Rs. 61,640.
The silver rate in Hyderabad stood at Rs. 77,700 per kilogram on Thursday, while the silver rate in Vijayawada was also recorded at Rs. 77,700 per kilogram.
These fluctuations in gold and silver rates come just ahead of the upcoming wedding season. It is still uncertain whether the prices will continue to rise or fall based on demand.
In the international market, gold rates have been fluctuating over the past few weeks. During the wedding season, the prices have been hovering around Rs. 60,000 for 10 grams of 24-carat gold and approximately Rs. 55,000 for 10 grams of 22-carat gold.
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