As of 31 March 2023, gold rates in major cities including Hyderabad, Bangalore, Kerala, and Visakhapatnam remain stable. In Bangalore, the gold rate for 10 grams of 22-carat gold is at Rs. 54,700 and 10 grams of 24-carat gold is at Rs. 59,670. Similarly, in Hyderabad, the gold rate for 10 grams of 22-carat gold is at Rs. 54,700 and 10 grams of 24-carat gold is at Rs. 59,670. The gold rates in Kerala and Visakhapatnam are also the same as Hyderabad and Bangalore.
For those interested in investing in gold in Hyderabad, there are various options to choose from. One can opt for jewellery of various designs and colours, followed by bars and coins which offer a good margin. For those with budget constraints, periodic investments can be made on an installment basis for 11 months.
On the other hand, silver rates in Hyderabad, Kerala, Bangalore, and Visakhapatnam per one kilogram are at Rs. 76,200. It is important to keep track of the current rates before making any investment decisions.
