Today Gold Rate in Hyderabad: Latest 22K & 24K Prices Updated
Check today’s gold rate in Hyderabad. Get the latest 22K & 24K prices and stay updated on market trends for gold investments and jewelry purchases.
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Hyderabad continues to witness fluctuations in gold prices influenced by global trends, local demand, and economic policies. The gold rate in Hyderabad remains a crucial factor for both investors and buyers, as gold holds cultural and financial significance.
As of Thursday, the price of 24-carat gold in Hyderabad stands at Rs 86,689 per 10 grams. This category, known for its purity, is mainly chosen for investment purposes. Meanwhile, 22-carat gold, widely preferred for jewelry, is priced at Rs 79,419 per 10 grams. The gold rate in Hyderabad is affected by factors such as international gold prices, changes in import duties, and market demand.
A slight decline in gold prices has been observed compared to the previous day. The price of 22-carat gold dropped by Rs 720 per 10 grams, while 24-carat gold recorded a decrease of Rs 730 per 10 grams. These fluctuations align with broader economic trends, where gold prices react to inflation, currency exchange rates, and global market conditions.
Gold prices in Hyderabad have shown an upward trend over the past 10 days. On February 1, 22-carat gold was priced at Rs 77,339 per 10 grams, rising to Rs 80,139 on February 12 before slightly falling today. Similarly, 24-carat gold increased from Rs 84,369 per 10 grams at the beginning of the month to Rs 87,419 on February 12. These price movements indicate sustained interest in gold amid economic uncertainties.
Historical data shows that gold prices in Hyderabad have steadily increased over time. Over the past six months, 22-carat gold averaged around Rs 71,689 per 10 grams, while 24-carat gold stood at Rs 78,140 per 10 grams. The one-year average price was Rs 68,527 for 22-carat gold and Rs 74,750 for 24-carat gold, highlighting gold’s long-term appreciation as an asset.
Several factors influence the gold rate, including fluctuations in global gold prices, changes in central bank policies, and movements in the value of the Indian rupee against the US dollar. Additionally, domestic demand, particularly during the wedding season and festivals, plays a role in price variations.
