Gold Rates Slightly Fall In Hyderabad After Record High
Hyderabad, Sept. 13: Gold rates in Hyderabad recorded a minor decline today after a recent surge. The price of 10 grams of 22-carat gold is ₹1,01,900, down by ₹100 from yesterday’s rate of ₹1,02,000. The price of 10 grams of 24-carat gold is ₹1,11,170, lower by ₹110 compared to yesterday’s ₹1,11,280.
Meanwhile, the silver rate stands at ₹1,33,000 per kilogram, marking a drop from yesterday’s ₹1,42,000.
Gold rates have been highly volatile over the past few weeks, with international market fluctuations influencing domestic prices. During the wedding season, prices had touched around ₹90,000 for 10 grams of 22-carat gold and nearly ₹1,00,000 for 10 grams of 24-carat gold.
Where to buy Gold in Hyderabad?
Most of the popular jewelry outlets are located in Panjagutta, 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 Jewelers 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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