As of March 27, 2023, the gold rates in Hyderabad, Bangalore, Kerala, and Visakhapatnam have been slashed. In Bangalore, the gold rate for 10 grams of 22-carat is at Rs. 54,850 and 10 grams of 24-carat is at Rs. 59,840. Similarly, in Hyderabad, the gold rate for 10 grams of 22-carat is at Rs. 54,850 and 10 grams of 24-carat is at Rs. 59,840. The same rates apply in Kerala and Visakhapatnam as well.
Meanwhile, the silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per one kilogram have been steady at Rs. 76,000.
For those interested in investing in gold in Hyderabad, there are a variety of options available. Customers can choose from jewellery of various designs and colours, followed by bars and coins which may offer a good margin. Those with budget constraints can opt for periodic investments by going on an installment basis for 11 months.
Overall, the current gold rates in Hyderabad and other major cities are subject to fluctuations based on market conditions and demand. It is important for investors to stay informed and make their decisions accordingly.
