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Gold Rate in Hyderabad (20th May 2018)

May 20, 2018
₹ 2,978 /Gram(22ct) ₹ 21

The gold rates in Hyderabad depends on the global gold rates, which are affected by many international factors including inflation, change in global prices, central bank gold reserve, fluctuating rates of interest, jewelry markets. We have given gold rates today in Hyderabad for our valuable readers. We hope you find the updated rates really useful.

Today 22 Carat Gold Price Per Gram in Hyderabad (INR)

Gram 22 Carat Gold
Today
22 Carat Gold
Yesterday
Daily Price Change
1 gram ₹ 2,978 ₹ 2,957 ₹ 21
8 gram ₹ 23,824 ₹ 23,656 ₹ 168
10 gram ₹ 29,780 ₹ 29,570 ₹ 210
100 gram ₹ 2,97,800 ₹ 2,95,700 ₹ 2,100

Today 24 Carat Gold Rate Per Gram in Hyderabad (INR)

Gram 24 Carat Gold
Today
24 Carat Gold
Yesterday
Daily Price Change
1 gram ₹ 3,138 ₹ 3,163 ₹ -25
8 gram ₹ 25,104 ₹ 25,304 ₹ -200
10 gram ₹ 31,380 ₹ 31,630 ₹ -250
100 gram ₹ 3,13,800 ₹ 3,16,300 ₹ -2,500

Gold Rate in Hyderabad for Last 10 Days (10 g)

Date 22 Carat 24 Carat
May 19, 2018 ₹ 29,780 ₹ 31,380
May 18, 2018 ₹ 29,570 ₹ 31,630
May 17, 2018 ₹ 29,570 ₹ 31,626
May 16, 2018 ₹ 29,670 ₹ 31,730
May 15, 2018 ₹ 29,960 ₹ 32,040
May 14, 2018 ₹ 29,970 ₹ 32,050
May 13, 2018 ₹ 30,160 ₹ 32,255
May 12, 2018 ₹ 30,150 ₹ 32,240
May 11, 2018 ₹ 29,950 ₹ 32,030
May 10, 2018 ₹ 29,920 ₹ 32,000

Weekly & Monthly Graph of Gold Price in Hyderabad

Historical Price of Gold Rate in Hyderabad

  • Gold Price Movement in Hyderabad, April 2018
  • Gold Rates 22 Carat 24 Carat
    1 st April rate Rs.29,280 Rs.31,310
    30th April rate Rs.29,740 Rs.31,807
    Highest rate in April Rs.30,030 on April 20 Rs.32,118 on April 20
    Lowest rate in April Rs.29,180 on April 6 Rs.31,100 on April 6
    Over all performance Rising Rising
    % Change +1.57% +1.59%
  • Gold Price Movement in Hyderabad, March 2018
  • Gold Price Movement in Hyderabad, February 2018
  • Gold Price Movement in Hyderabad, January 2018
  • Gold Price Movement in Hyderabad, December 2017
  • Gold Price Movement in Hyderabad, November 2017

Where to buy gold in Hyderabad? 

In Hyderabad, the precious metal is sold as jewelry and coins. The ornament metal is mainly used for individual consumption, and it has more demand during the marriage, festivals, special occasions. Panjagutta, in Hyderabad, is one of the locations where most of the popular jewelry outlets are located.

 It is also viewed as a form of investment and is invested for short and long period. Gold is also considered as a mode of investment. The investor can sell the gold at any point in time, 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 famous jewelry brands have a presence in the city of pearls. The top jewelry houses in the town are Jagadamba Pearls, Krishna Pearls & Jewelers, Manepally Jewelers, More Jewelers, Tibarumal Jewels, Shree Jewelers, Shri Ram Jewelers, Mangatrai Pearls & Jewelers and so on. 

 

Gold Rate in Hyderabad, 22 & 24 Carat Gold Price Today

Things to look for when buying gold in Hyderabad

  • Quality – The quality of the gold is the crucial factor that a buyer has to see for before investing in the precious metal. There are various ways to test the quality of the gold.
  • Price – The price also plays an essential factor before purchasing the yellow metal. The buyer can compare the costs of the gold at different jewelry shops in the city of Hyderabad. Usually, the making charges of the ornaments differ from one shop to another one thus adding an edge to the final price of the product.
  • Weight – One has to check the weight of the jewelry piece before purchase. The stones like emeralds, ruby, diamonds, the pearl will also be included while pricing the ornament. The prices of the stones too are charged on par with the value of gold per gram which will increase the final cost of the jewelry piece. So one has to clarify if the rate of the stones is separately charged, or it is priced along with the jewelry.
  • Special Occasions – If we look at the trend in the prices of gold during recent past, we can observe that the price of gold will raise during festive and marriage season. The prices will see an upward trend during festivities as more people will throng the jewelry shops to buy gold.
  • Investment – In India, people have the habit of investing in gold. Gold is seen as an asset, which is passed on from one generation to another. This tradition is witnessed since time immemorial. One aspect that has to be given importance is that the gold which we are buying today will last for generations to come, and hence plan carefully.
  • The Purity Factor of gold – Karat is the term used to measure the purity or gold content. It is referred to as “K.” There are different karats of gold available in the market they are 14 karats, 18 karats, 22 karats and 24 karats. 24 karat gold is considered as the purest form of gold, and it is likely to cost more compared to other karats.
  • Certification – The government of India has identified Bureau of Indian Standards (BIS) as a sole agency to certify and authenticate gold in India. The BIS hallmark is a mark of conformity which is widely accepted as it bestows the additional confidence to the consumer on the purity of gold jewelry.

Techniques that check purity of Gold

Gold is the most valuable of all elements. Gold Is very soft when it is in a pure state. Gold is measured in karats which has "K" as a symbol. These Karats (K) tells us how much amount of gold is present in the metal alloy. Gold is calculated in 22karats and 24 karats. Here the gold is 100 per cent in 24 karats without alloy metal and 22 karats 91.7 per cent of gold with alloy metal. But nothing is less than 20k in the Indian market. There are different types of gold can be available they are yellow gold, rose gold.

Gold is yellow when pure, and the intensity of yellow color depends on some other elements alloyed with it. The higher the karat weight, more intense is the color. Rose Gold is another popular colored gold used in jewels. The pinkish gold can be owed to a larger proportion of copper in the gold alloy, making it more durable simultaneously. There are different ways to check the purity of gold but the general method that knows to is the Acid test.

This test is the cheapest method used to check gold. It comes with black stone and with different acids. If a drop of acid is placed on gold and it reacts then the purity of gold is lesser than the karats mentioned in the acid solution bottle.

The other method to check the purity of gold is electronic gold testers. With this device we can check the purity of gold, and even the metal is gold or not. The next one is X-ray fluorescence spectrometers (XRF) and this method tells accuracy of gold surely, but it costs high.  We can purify the gold through mobile applications like Gold Test + Prices Free, Gold Density, Metal Detector.

 Investment in Gold

Since time immemorial, people consider gold as an asset which is not only passed on from one generation to another, but it is also used as security during the financial emergency situation. People start investing in gold in various forms, prominent among them are as follows.

Jewelry: Hyderabad, the capital city of Telangana has biggest gold jewelry buyers in South India.

Coins: People buy gold coins as a part of investment purpose. The gold coins are available in different weights and karats.

Bullions: Investors also purchase bullions which are in the form of bars or ingots. The value is determined by the weight and cost of the precious metals.

Commodity Exchange: Gold is traded as a commodity for a variable time duration in Multi commodity exchange (MCX), National Spot Exchange limited or in the National Commodity & Derivatives Exchange (NCDEX). 

How do gold traders assume future gold rates in Hyderabad?

There is no equation or formula which gives the probable gold rates in Hyderabad. There are a number of reasons which affects the gold rates in Hyderabad. But few investors buy and sell gold in Hyderabad depending upon the moment in following factors.

1. Gold related News

Everyday there will be some or other news regarding gold, which you can follow on goodreturns.in. For example gold goes down due to firm US Dollar or sometimes due to weak global cues or sometimes Gold up is due to feeble US Dollar. There will be some or other news which help the investors to buy or sell gold. Like when the gold prices in Hyderabad or down the investors start investing in gold and will sell the gold whenever the gold rates in Hyderabad goes high.
2. Silver rate in Hyderabad

There will be some relation between metals not only silver all the metals. One can also follow silver rates in Hyderabad on goodreturns.in. Few Investors follow all precious metals rates to assume the future moment of gold rates in Hyderabad.

3. Exchange rates of Indian Rupee

The market includes rupee rates, gold rates, stock prices and etc. All these are interrelated in some or other way. So the exchange rates of Indian rupee with other currencies will also affect gold rates in Hyderabad.

Not only these market moment also plays a key role in gold price moment in hyderabad. But most of the investors follow above parameters to assume gold rates in Hyderabad.

What are different types of purities of gold available in Hyderabad?

The gold which we see or purchase in the Hyderabad gold market is mixed or combined with some other metals like copper, nickel, silver, palladium, and zinc. The least or cheapest gold alloyed with silver & copper is called pink gold.

When rose gold combined with either silver or copper, the resultant is green gold. White gold is the combined form of palladium, nickel & zinc, which is costlier. The yellow gold is alloyed or mixed with silver, copper, and zinc.

The carats defines the purity of gold as to how much of gold is exactly alloyed. Different types of purities of gold available in Hyderabad are:
24 carats -99.9%; 23 carats -95.6%; 22 carats -91.6%; 21 carats -87.5%; 18 carats -75.0%; 17 carats -70.8%; 14 carats -58.5%; 10 carats -41.7%; 9 carats -37.5%; 8 carats -33.3%.

Methods to buy gold in Hyderabad

Once you check the live gold rates in Hyderabad for 22 karats and 24 karats, it is time to buy gold in Hyderabad. You can buy gold in a number of ways in Hyderabad. The most popular of course is the physical gold, where you can go ahead and buy 22 karats and 24 karats gold. The other mechanism for buying gold is the coins and bars. You can buy gold through the futures and options mechanism as well from Multi Commodity Exchange, also called MCX. On this exchange, you receive gold in the form of 22 karats and 24 karats. Once you purchase gold in Hyderabad through this mechanism, it is important that you square up your position. This is because in the futures market you cannot take physical delivery of shares, but need to settle the position. There are other mechanisms where you can buy gold and these include the sovereign gold bonds, gold coins etc. You can choose the one that best suits you. Now there is nothing called an ideal method of buying gold. Most of the time, you need to make a choice on which is the best method of buying gold in Hyderabad. If you are not familiar with gold ETFs then it is the best to stay away from them. On the other hand, if you are aware of the nitty gritties of buying and selling physical gold, you should go for them. There is no single way that you can make money in gold. All of the methods lead to the same objective. The one thing that we need to mention is that you need to hold onto the long term to really make money from gold in Hyderabad. You have to be patient and patience would ultimately pay rich dividends. Choose from the many plethora of options that you get for buying gold in Hyderabad. The best of course is the electronic form, which is cheap and also very reliable.

Is the gold price in Hyderabad same for physical gold and electronic gold?

Yes, the Gold price in Hyderabad remains same though it maybe in physical form or the electronic form. There are few charges in physical gold which are not applicabe in the electronic gold. If you are buying gold in the electronic gold, you will be getting gold on every rupee you spend. Before, there were only bonds and ETFs if we want to buy electronic gold. Now a new method has come up to buy gold which is called Paytm gold, and you can buy gold here as per the gold prices in Hyderabad on that day.

Buying gold in Paytm is the easiest method of buying gold as of now because in Paytm you can buy and sell gold on any random day. There is no time barrier like you should buy or sell gold in trading hours. The minimum amount of the gold you can buy is two grams and up to two-kilo grams you can buy. We all know that the physical gold will not be hundred per cent pure. There is some additional metal for the strength, and the making charges will be applicable on the physical gold we buy. So while buying physical gold with gold rates in Hyderabad, you should pay the additional costs. 

Understanding the futures market for gold trading in Hyderabad

 916 Gold prices in Hyderabad

If you ever wondered what is 916 gold prices in Hyderabad today, it is nothing, but the normal 22 karats gold that you purchase. In fact, investors often ask the question: why 916? This is because the precious metal is 91.6 per cent pure, when you call it 22 karats.  In fact, 2 karats is 99.9 per cent pure, which is why it is called 24 karats gold. In any case, it depends which types of gold, you wish to buy in Hyderabad. If you are looking at gold jewellery, then you can buy the 22 karats gold. This is because you can never have gold jewelry of 24 karats. Let us give an example. When you buy gold jewelery in Hydeabad it has to be mixed with alloys, otherwise it will break. On the other hand you can get gold coins in 22 karats and 24 karats and also the lesser purity of 18 karats. We wish to state that if you are looking for higher variety of the precious metal, it would be a great idea to buy into gold coins and bars. Now another thing that is worth mentioning is that you must check the purity of gold that you are buying, before you buy the same. This is because the chances are very bright that you may be in for trouble, if you have not bought into hallmarked gold. So, go for the hallmarked variety of gold, so you are assured on the quality and the other aspects in Hyderabad. Remember, that if you are not buying hallmarked gold you could very well be fooled. This is because then quality becomes a big question mark. Another reason is that not many know that there could be some place where you could still not get pure gold. So, stay on guard at all times, when buying gold in Hyderabad. 

Understanding fluctuations in Hyderabad gold prices

There are many reasons why gold prices tend to fluctuate in Hyderabad. If the government imposes some duties say for example, excise, the chances are bright that gold prices in the city would go higher. This is largely done to curb the consumption of gold, especially when prices of the precious metal dip. If you are looking to buy gold, it would be a good idea to buy the precious metals on decline. Also, watch for how the rupee behaves against the US dollar. Any sharp rise in the currency against the dollar means gold prices are bound to fall. However, the movement of the currency depends on a whole host of factors including interest rate movement and the current account deficit of the country. In any case those desiring to buy gold should try and seek some advise from the experts, especially if they are investing large amounts. If you are buying gold for your own consumption there is very little that can be done, but to buy at the current market prices.

Difference Between 24 karats and 22 karats

 Karat is a measure of the purity of gold. There are different karats of gold namely 24 karats, 18 karats, 14 karats, ten karats.

 Let's see the difference between 24 Karats and 22 Karats gold.


24 Karats gold– 24 karats is also referred to a pure gold or 100 percent gold. The reason behind this is 24 parts in the gold are all in the pure form without traces of any other metals. It is known to be 99.9 percent pure and thus it takes on a distinct bright yellow color. The 24 karat gold is the highest form of gold, and hence it is naturally expensive than other karats of gold.

 The 24 karat gold has less density, which makes it soft and can be easily bent. Due to this nature of 24 karat gold is not suitable for making jewelry. Coins and bars are made of 24k gold.

 22 Karats gold – 22 karats gold is made up of 22 parts of gold, and the balance of 2 parts are made out of other metals like silver, nickel, zinc, other alloys. In 22 karats gold, only 91.67 percent contains pure gold. The remaining 8.33 percent comprises of metals. The addition of metals to gold makes the texture of gold harder and thus making the jewelry more durable.

 22 karat gold is not suitable for diamonds and heavily studded jewelry. 

Should you buy 18 karats gold in Hyderabad?

Like all other cities, you have 18 karats gold, which is also available in Hyderabad. However, investors and individuals would often like to know whether you can buy 18 karats gold in Hyderabad. While you can, the jewellery strength would be more stronger, because of the high metal content. For example, we may see the ornament stronger because there maybe a high content of copper in the ornament. If you do not have the budget to buy a 22 karat ornament, it is fine if you buy a 18 karat one. However, remember when you want to sell the same, you would not get the same price. Another worrying factor is that you may not be able to sell the same. it is hence always a better proposition to buy into 22 karats gold, as you are assured of some value for the precious metal. Those who are looking to buy for the very long term should not worry so much about 18 karts, 22 karats or even 24 karats. just go ahead and buy.

Things to check before buying gold in Hyderabad

There are a few things that one should do, before buying gold in Hyderabad. The first is that one should check for purity. Look for the BIS standard mark, which you cannot miss. 24 karats is the purest for of gold of 999 . You get 22 karats of 916. Another thing that you must do  before buying gold in Hyderabad is to look at the hallmarking centre. There are many hallmarking centres where the gold is hallmarked. You cannot miss these centres when buying gold. Jewelers also have their own hallmarking that is done. Another important point worth mentioning, when buying gold jewelery is not to forget to take the cash memo. This is very important, if you want to sell the gold at a alter stage, either to the jewelery showroom or to any third party in the future.

Stay invested in Gold in Hyderabad

If you had to buy gold in Hyderabad sometime in 2006, you would have tripled your money by 2016. This is pretty decent returns and beats most asset classes, including the real estate and fixed deposits, though shares could have performed slightly better as compared to gold. However, if you are now investing with a long-term perspective gold investment has always yielded good results. It is hence a good idea to stay invested in gold for investors in Hyderabad. However, the problem for gold is that returns from the precious metal tends to get taxed, which reduces the overall returns. However, for investments like equities, there is no tax if you sell the investment after one year. The other problem for gold is that some things like coins and bars maybe relatively less liquid, as compared to equities. So, if you are looking at investment gold etfs would be the best option.

Purity of gold an important factor in Hyderabad

It is extremely important to check the purity of gold, before buying gold in Hyderabad. You can buy various quality of gold whether it is 22 karats or 24 karats gold. However, it is very important to check the purity of gold before buying. You can buy only hallmarked jewelery in India. Most jewelers go for hallmarked jewelery and get the same at essaying centres across India, through the BIS. So, if you are buying gold in Hyderabad look for the hallmark logo, including the date of manufacture of the gold and gold ornaments. Gold prices in Hydeabad have dipped over the last few months and we hope that there maybe no further downside in the prices of gold.

 Would gold prices in Hyderabad give decent returns in 2018?

It is extremely difficult to get similar returns of almost 25 per cent, that gold prices had seen in 2017. As we head into 2018, it is likely that we may see a more stable set of returns in the coming year. The problem right now for gold prices in Hyderabad to move higher, is the international gold rates, which are moving in a range. For example, it is likely that we may see higher interest rates in the US. When that happens, we would see gold rates fall, because individuals would start disposing of gold and placing money in bonds, which would start yielding higher returns. From that point of view, we are little pessimistic, when it comes to gold prices moving higher. So, if you are looking to buy gold in Hyderabad, it would be best to buy in small quantitities or rather buy gold on dips.

How is gold rates in Hyderabad determined?

Today gold rates in Hyderabad are determined based on various factors. These include things like currency movement, local tariffs and also the international gold rates. However, a major portion of the fluctuation for gold rates in Hyderabad depend on the latter. For example, when gold prices internationally move up, it would automatically be reflected in the prices in Hyderabad. Now, gold prices in the international markets depend on a host of factors including currency movement, global bonds yields and how interest rates are expected to move in the future. In short, if you are trying to predict gold rates in Hyderabad today, do not do it. This is because, as we mentioned gold rate movement depends on a host of factors. 

What is Hallmarked Gold in Hyderabad?


The BIS Hallmark Gold Jewelry consists of" 


• BIS logo

• Logo of the assaying center

• Logo or code of the jeweler

• The purity of gold 22K916 for 22 Karat gold and 18K750 for 18 Karat gold and 14K585 for 14 Karat gold

The gold standard in Hyderabad?

Gold is one of the most precious metal and also a metal with very high standards. Gold carries few unique abilities due to which its standards are high such as portability, lasting, trustworthy, stability, diversion.

1) Portability - The most important ability of gold which increases its standard is its nature of portability and its extreme density. Due to this nature, one can carry and handle it very easily.

2) Lasting - Gold lasts longer. It doesn't corrode so there will be no chance of losing it value due to corrosion. This nature of gold is very easy to understand for people in Hyderabad because one would have seen the gold ornaments in Salar Jung museum which are hundreds of years old but haven't corroded. This nature of non-corrosion is there for only a few noble metals in which gold is one.

3) Trustworthy - Gold will never lose its value and there is no chance that gold will lose its purity and quality due to climate, time or any other changes. Until it is manually alloyed with any other metal.

4) Stability - The supply of gold in the world is stable from ages. There is no chance that at a sudden gold production will increase and gold rates in Hyderabad will fall.

5) diversion - Few metals are having very high industrial use such as silver and platinum. When it comes to gold annually only 100 tons of gold is used for manufacturing of conductors.

 Not only the above five reasons which have set the standard of gold. There are many properties gold is having which makes it unique. These standards and properties of gold attract investors in Hyderabad towards gold. Even the live gold rates in Hyderabad explains you few things such how the world economy is connected to gold. If the live gold rates in Hyderabad changes that mean there is some instability in the economy somewhere.

How to sell physical gold at best price in Hyderabad?

It is not a simple job to sell physical gold in Hyderabad. To get the best price for it is even harder task to do. There are few guidelines by following which one can get the best price for the gold when they are selling.

1) The first move is to find out gold rates in Hyderabad from a website where you will get accurate gold rates in Hyderabad like goodreturns.in. By doing so one will have a better idea and expectation how much they should get.

2) It is advisable to go for a well-known jeweller than going to a goldsmith. It will be easier if we buy gold with the jewelers who have to buy back terms.

3) Following stock market will also help a lot. As we know gold is inversely proportional to the US Dollar and also there are many more parameters in the stock market which affect gold prices in Hyderabad, such as currency rate . So by following stock market, you may understand which is the right time to sell your gold.

If you are an investor, it is advisable to go for gold ETF's than investing in physical gold. ETF trading is a hassle free method when compared to trading in physical gold. There will be fund managers and other brokers who will be following market time to time and will suggest you when to buy or sell.

Factors affecting Gold Prices in Hyderabad

 Gold is all time favorite and favorite asset in Hyderabad. It plays an integral part of all festivals and celebrations. Various factors are affecting the price of the yellow metal. They are as follows:


The Jewelry Markets – Jewelry markets play an essential role in influencing the gold prices in Hyderabad. The jewelry market is enormous and the demand for gold depends on the festivities and sentiments. Many people choose to buy the precious metal during the festive season or auspicious occasion. So one can expect more demand for the metal during festive season than during non-festive ones.


• Inflation – Gold is one of the safest forms of investment for a layman. It becomes evident during the time of inflation. The inflation reduces the purchasing power of money. So, gold is the best bet for investment during inflation as would be something which is stable and usually done for a long time.

 
Central Bank’s Gold Reserve – The country’s central bank, RBI holds vast reserves of gold in addition to the currencies. Whenever the RBI purchases gold, the prices of the gold goes up. It is due to the less supply of gold and more supply of money in the market.

 
Change in Global Prices – The price of the yellow metal depends on various factors including global supply, change in demand and so on. Changes in the global rates also affect the value of gold in the domestic market.

 
Fluctuation in Rate of Interest – The rate of interest prevailing on the bank deposits and financial instruments also plays a role in deciding the price of the ornamental metal.

 Lesser interest rates leads to more cash in the hands of the individuals which leads to increased capacity to purchase gold. Higher interest rates leads to less money in the hands of the individuals, and thus it reduces the ability to buy gold. 

 

Latest Updates on Hyderabad Gold Rates

Gold Prices Fall in Hyderabad

The price of 22 karats and 24 karats gold in Hyderabad has been fluctuating from the past few weeks. The Gold rates in Hyderabad mainly depend on the international market.

The global market shows reports that states that the rates of gold in Hyderabad moved down compared to previous prices. It is due to the rise in the value of US dollars against the Indian Rupees and the European Central Bank’s decision to boost its quantitative easing (QE) stimulus if the economic or financial outlook worsens.

Today’s price for 22 karats gold is Rs.29,020, and for 24 karats gold is Rs.31,040.

9 March 2018
Yellow Metal prices fall in Hyderabad

22 karats and 24 karats gold price in Hyderabad has been fluctuating from the past few weeks. Gold rates in Hyderabad mainly depend on the international market.

Today reports from the global market show that 22 and 24 karats gold rates in Hyderabad moved down compared to the previous price.

These happened due to the strength in US dollar against the basket of Currencies and rose in the US bond Yields.
Since from the last 15 days, 22 karats and 24 karats gold rates in Hyderabad traded from flat to high.

30 January 2018
Gold prices Rise in Hyderabad

Hints from the international market gold rates in Hyderabad moved up due to U.S. government shutdown. Gold price in Hyderabad traded in a narrow band way. The highest gold rates recorded from last seven days was at Rs.28,850 for 22 karats, and Rs.31,472 for 24 karats on Jan 16th and the lowest price noted at Rs.28,470 for 22 karats and Rs.31,058 for 24 karats on Jan 12th.

Earlier spot gold price in Hyderabad was up by 0.25 percent at Rs.28,650 per gram, and today it has moved to 0.46 percent at Rs.28,680 per gram, up by 0.21 percent. Previously gold rates noted at Rs.28,650 for 22 karats and Rs.31,254 for 24 karats. Today gold rates in Hyderabad slightly increased to Rs.28,680 for 22 karats and Rs.31,287 for 24 karats.

20 January 2018
Yellow metal price drop in Hyderabad

The international market gold rates hint that the prices in Hyderabad have dropped down due to dollar gains on stronger US data. Earlier precious metal price in the city noted at Rs.28,830 for 22 karats and Rs.31,450 for 24 karats.

Today it has moved to Rs.28,620 for 22 karats and Rs.31,221 for 24 karats. Spot gold price in Hyderabad local gold shop moved down to Rs.28,620 per gram. The price difference between Wednesday to today is a drop of Rs.210.

It is the right time for the people to buy gold as the rates have come down.

18 January 2018
Gold rates up in Hyderabad

From last two months precious yellow metal price is traded in a narrow band range in Hyderabad. In Dec overall performance of gold rates has increased to 1.18 percent for both 22 karats and 24 karats.

Highest price recorded was Rs.28,200 for 22 karats, and Rs.30,763 for 24 karats on Dec 14th and lowest price recorded was at Rs.27,170 for 22 karats and Rs.29,640 for 24 karats on Dec 13th.

After the festive season gold rates moved to a new high in the global markets due to a weaker dollar. This also impacted gold rates in Hyderabad. Current gold rates in Hyderabad is Rs.28,850 for 22 karats and Rs.31,472 for 24 karats. The price has increased to Rs.140 since yesterday.

16 January 2018
Gold rates down in Hyderabad

Hints from the international market show that gold rates in Hyderabad inched down today as the previous session. Previously also gold rates in the city dropped due to expectations of more U.S. interest rate hikes this year.

Today also gold rates inched down due to expectations of more U.S. interest rate hikes this year. Spot gold price in global market also inched down to 0.3 percent to $1,317.06 an ounce.
Earlier gold rates in Hyderabad noted at Rs.28,200 for 22 karats and Rs.30,763 for 24 karats.

Multi Commodity Exchange also saw a lower opening by Rs.3. People who are thinking to buy and invest in gold these is the right time. Current gold rates in Hyderabad was inched down to Rs.28,150 for 22 karats and Rs.30,709 for 24 karats.

9 January 2018
Gold rates steady in Hyderabad

Cues from the international market suggested that gold rates in Hyderabad were margianally lower due to expectations of more U.S. interest rate hikes this year. The precious yellow metal price in Hyderabad has changed the past few years.

In the international market spot, gold rate was mostly unchanged at $1,322.73 an ounce compared to the previous price. These factors impacted spot gold price in Hyderabad at the local gold shops which was also unchanged at Rs.28,250 per gram. The Multi Commodity Exchange also saw a lower opening by Rs.15.

The current gold rates in Hyderabad was Rs.28,200 for 22 karats and Rs.30,818 for 24 karats, and previously it was Rs.28,200 for 22 karats and Rs.30,763 for 24 karats. The price comparison from yesterday to today increased by Rs.50.

8 January 2018
Gold rates inch up in Hyderabad

The Precious yellow metal in Hyderabad has been changing from past few months. However, the demand for gold in Hyderabad and other metropolitan cities of India has been on a regular rise. The 22 karats rate in Hyderabad moves in tandem with the global 22karats gold rates. People who are looking for an option at investing apart from other asset classes like equities, gold is a great alternative.

Gold rates in 2017 saw their best returns since 2010 in the international market due to a lower dollar price. Political tensions and receding concerns over the impact of the U.S. interest rate hikes fed into the rally. These factor impacted on gold rates in Hyderabad.

In Jan 2017 gold rates were at Rs.29,540 per gram with the metal hitting the higest rate of Rs.29,780 per gram on Jan 23rd and lowest price at Rs.28,210 per gram on Jan 1st.
The overall performance of gold rates in Jan saw an increase of 4 percent.

Contrast this to December 2017 and we gold prices in Hyderabad trading in a narrow band. The highest gold rates noted at Rs.28,200 for 22 karats and Rs.30,763 for 24 karats on Dec 30th and lowest price is at Rs.27,400 for 22 karats and Rs.28,980 for 24 karats on Dec 20th. Spot gold price in Hyderabad at the local gold shops was up to 0.62.

1 January 2018
Yellow metal prices rally in Hyderabad

Cues from the international markets show that gold rates in Hyderabad had inched up compared to the previous session. Spot gold price in the global market was up from 0.1 percent compared to earlier price. Earlier price in the city was noted at Rs.27,950 for 22 karats and Rs.30,490 for 24 karats. Current gold rates in Hyderabad were little changed at Rs.27,980 for 22 karats and Rs.30,523 for 24 karats. Compared to Thursday's price, the metal has increased by Rs. 30 today.

29 December 2017
Gold rates were slightly higher in Hyderabad

Compared to Monday gold rates in Hyderabad were flat on Tuesday. In the global market, gold rates moved slightly ahead of the start of a two-day U.S. Federal Reserve meeting.

In the global market, spot gold rose 0.2 percent to $1,244.30 an ounce. The situation impacted spot gold rates in Hyderabad. Spot gold rates in Hyderabad at the local shops were up to 0.2 percent at Rs.27,220 for 22 karats and Rs.29,694 for 24 karats.

The Multi-commodity Exchange also saw a lower opening by at Rs.181. The overall performance of gold rates in Hyderabad in Nov showed a rise to 0.21 percent for both 22 karats and 24 karats. Current gold rates in Hyderabad slightly inched higher at Rs.27,280 to 22 karats and Rs.29,760 for 24 karats.

12 December 2017

Disclaimer: The gold rates are sourced from local jewellers in the city. There maybe variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell in precious gold. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on gold information provided.

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