Today, the trend in gold prices seems to be on a downward trajectory after experiencing an increase until yesterday. This decline is evident not only in Hyderabad but also in various states across India. In Hyderabad, the price of gold has seen a slight reduction today, with experts attributing this change to ongoing fluctuations in the international market.
Gold and Silver Prices Dip Slightly: Current Balance in Hyderabad
Comparing today’s gold prices to yesterday’s, there is a noticeable decrease. Yesterday, the price of 24-carat pure gold per 10 grams stood at Rs. 66,330, whereas today it has decreased by Rs. 10 to Rs. 66,320. Similarly, the price of 22-carat gold per 10 grams was Rs. 60,800 yesterday, and today it has dropped by Rs. 10 to Rs. 60,790. Alongside the decline in gold prices, the price of silver has also experienced a reduction this week. In the Telugu states, the price of silver per kilogram was Rs. 80,000 yesterday, and today it has decreased by Rs. 100 to Rs. 79,900.
Gold’s and Silver Prices Across Major Cities
Moving beyond Hyderabad, let’s take a look at gold prices in other major cities across India. In Chennai, 10 grams of 24-carat gold is priced at Rs. 66,990, while 10 grams of 22-carat gold is priced at Rs. 61,410. The price of silver remains consistent at Rs. 79,900 per kilogram.
In Mumbai, the price of 10 grams of 24-carat gold is Rs. 66,320, with 10 grams of 22-carat gold’s priced at Rs. 60,790. The price per kilogram of silver stands at Rs. 76,900.
Moving south to Bangalore, the price of 10 grams of 24-carat gold’s is consistent with Mumbai and Hyderabad at Rs. 66,320, while 10 grams of 22-carat gold’s is priced at Rs. 60,790. The price of silver per kilogram in Bangalore is Rs. 75,400.
In Kolkata, the price of 10 grams of 24-carat gold’s mirrors that of other cities at Rs. 66,320, with 10 grams of 22-carat gold’s priced at Rs. 60,790. The price of silver per kilogram remains unchanged at Rs. 76,900.
In summary, the trend of declining gold’s prices is observed not only in Hyderabad but also across various cities in India. Fluctuations in the international market seem to be the primary driver of these changes.