Gold rates today in Hyderabad on 01 July 2022

Gold rates today, 01 July 2022: Today’s gold prices have been drastically reduced in Hyderabad, Bangalore, Kerala, and Visakhapatnam. According to current rates, 10 grammes of 22-carat gold are priced in Bangalore at Rs. 46,650 (a decrease of Rs. 100), and 10 grammes of 24-carat gold are priced at Rs. 50,890 (a decrease of Rs. 110). Hyderabad’s gold prices are maintaining steady at Rs 46,650 per 10 kilos of 22-carat gold with a loss of Rs 100 and at Rs 50,890 with a loss of Rs 110.

The price of gold in Kerala is Rs. 46,650 for 10 grammes of 22-carat gold and Rs. 50,890 for 10 kilos of 24-carat gold. The price of gold in Visakhapatnam is Rs. 47,650 per 10 grammes of 22 carats with a decrease of Rs. 100, and Rs. 50,890 with a decrease of Rs. 110.

On the other hand, the price of silver for one kilogramme closed at Rs. 65,100 in Bangalore as well as in Hyderabad, Kerala, and Visakhapatnam.

Investment in gold in Hyderabad

In Hyderabad, there is some reluctance when it comes to purchasing gold, pearls, or pricey jewellery. However, Hyderabad residents have the option to choose jewellery with a variety of patterns and colours, followed by bars and coins where there may be a good margin. On the other hand, those with limited funds can choose periodic investments by paying for them over the course of 11 months in instalments.

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