Gold Prices in Hyderabad Fall, Check Latest Rates for March 7
Hyderabad gold prices drop on March 7, 2025. 22K at Rs 7,990, 24K at Rs 8,716. Check the latest trends and factors affecting gold rates.
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Gold prices in Hyderabad recorded a minor dip on Friday, with rates for 22-carat and 24-carat gold falling marginally compared to the previous day’s rates. The fluctuations reflect ongoing global economic trends impacting the precious metal’s value.
The price of 22-carat gold per gram stood at Rs 7,990, marking a decrease of Rs 30 from the previous day’s rate of Rs 8,020. Similarly, 24-carat gold saw a decline, with the rate dropping to Rs 8,716 per gram, down by Rs 33 from yesterday’s price of Rs 8,749. Meanwhile, 18-carat gold was priced at Rs 6,538 per gram, reflecting a reduction of Rs 24.
The movement of gold prices in Hyderabad over the last ten days highlights a mix of gains and declines:
- March 6 – 22K: Rs 8,020 (-Rs 45), 24K: Rs 8,749 (-Rs 49)
- March 5 – 22K: Rs 8,065 (+Rs 55), 24K: Rs 8,798 (+Rs 60)
- March 4 – 22K: Rs 8,010 (+Rs 70), 24K: Rs 8,738 (+Rs 76)
- March 3 – 22K: Rs 7,940 (0), 24K: Rs 8,662 (0)
- March 2 – 22K: Rs 7,940 (0), 24K: Rs 8,662 (0)
- March 1 – 22K: Rs 7,940 (-Rs 20), 24K: Rs 8,662 (-Rs 22)
- February 28 – 22K: Rs 7,960 (-Rs 50), 24K: Rs 8,684 (-Rs 54)
- February 27 – 22K: Rs 8,010 (-Rs 40), 24K: Rs 8,738 (-Rs 44)
- February 26 – 22K: Rs 8,050 (-Rs 25), 24K: Rs 8,782 (-Rs 27)
Gold rates in Hyderabad are influenced by multiple factors, including global market fluctuations, inflation rates, central bank reserves, and demand within the jewelry industry. International economic conditions, interest rates, and currency value fluctuations also play a crucial role in determining daily gold prices.
A broader analysis of gold price trends over various time periods in Hyderabad reveals steady increases over the years:
- Last 10 days: 22K – Rs 7,992.50, 24K – Rs 8,719.10
- Last 30 days: 22K – Rs 7,987.17, 24K – Rs 8,715.30
- Last 1 year: 22K – Rs 6,944.55, 24K – Rs 7,575.85
- Last 5 years: 22K – Rs 5,289.55, 24K – Rs 5,768.79
- Last 10 years: 22K – Rs 4,213.78, 24K – Rs 4,575.59
Gold rates are expected to remain volatile, with global economic trends continuing to influence pricing.
