Gold Rate Today Stable: Check the Latest Prices In Your City Here
Gold Rate Today | January, 18: Gold rate today in Hyderabad, Bangalore, Kerala, and Visakhapatnam remains stable while silver rates dip.
The Gold rates have been choppy in the recent past and the reason for it according to the experts is the weakness in the Indian rupee.
However, going by the rates of yellow metal in major cities, the Gold rate in Bangalore city for 10 grams of 22-carat is at Rs. 52,200 and the gold rate for 10 grams of 24-carat is at Rs. 56,950.
The gold rates in Hyderabad are holding at Rs. 52,200 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 56,950.
Gold Rate Today
The gold rate in Kerala per 10 grams of 22-carat is at Rs. 52,200 and the gold rate of 10 grams of 24 carats is at Rs. 56,950.
Visakhapatnam’s gold rates are Rs. 52,200 per 10 grams of 22 carats and 10 grams of 24-carat gold at Rs. 56,950.
On the other hand, silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per kilogram have been at Rs. 75,800.
Gold rates today at Delhi, Chennai, Kolkata, and Mumbai have hiked. The gold rates in Delhi for 10 grams of 22-carat have remained at Rs. 52,350 and that of 10 grams of 24-carat gold is at 57,100.
The gold rate in Chennai per 10 grams of 22 carats is at Rs 53,170 and the gold rate for 24-carat is Rs. 58,000.
The gold rate in Kolkata per 10 grams of 22 carats is at Rs. 52,200 and the rate for 10 grams of 24 carats is at Rs. 56,950.
Gold Rate Today in Mumbai
The gold rates in Mumbai per 10 grams of 22 carats have been at Rs. 52,200 and Rs. 56,950 per 10 grams of 24 carats.
The silver rates have been at Rs. 71,900 in Kolkata, Chennai, and Mumbai and the rate of silver in Chennai is at Rs. 75,300
The gold and silver rates mentioned here are due at 8 am and continue to fluctuate every day.
Bullion market experts say there are many reasons for the gold rate to fluctuate, such as the change in international market currency prices, inflation, gold reserves at central banks, their interest rates, the jewellery market, geographical tensions, trade wars, and many other factors are said to impact the gold rate. The gold rates have been decreasing as the Federal Reserves hinted over the rise in interest rates.
Investment in gold in Hyderabad While investing in gold in Hyderabad, there is a slight hesitation about buying gold, pearls, or precious jewellery.
However, the people of Hyderabad can opt for the jewellery of various designs in myriad colours, 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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