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Gold and Silver Prices Fluctuate Ahead of Diwali: Latest Updates

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Hyderabad, October 29: With Diwali just around the corner, the jewelry market is witnessing fluctuations in gold and silver prices, influenced by international market trends. Recent reports indicate that after a significant increase in gold prices over the last four days, there has been a sudden decline, with 24-carat gold prices dropping by Rs. 500 in the last two days.

Business experts attribute this decline to a slight stabilization in global gold prices, coupled with the approaching elections in the United States. Here’s a detailed look at the current gold and silver prices in the Telugu states as of October 29, 2024.

Current Gold Prices in Telugu States

  • Hyderabad:
    • 22 Carat Gold: Rs. 73,140 (decreased by Rs. 460)
    • 24 Carat Gold: Rs. 79,790 (decreased by Rs. 500)
  • Vijayawada & Visakhapatnam:
    • 22 Carat Gold: Rs. 73,140
    • 24 Carat Gold: Rs. 79,790
  • Delhi:
    • 22 Carat Gold (10 grams): Rs. 73,290
    • 24 Carat Gold (10 grams): Rs. 79,940
  • Major Cities (Mumbai, Kolkata, Bangalore, Chennai):
    • 22 Carat Gold (10 grams): Rs. 73,140
    • 24 Carat Gold (10 grams): Rs. 79,790

Current Silver Prices

Silver prices have also seen fluctuations across the country. Following a decrease of about Rs. 6,000 since the end of last week, the prices have remained stable for the past three days but decreased slightly today.

  • Hyderabad, Vijayawada, Visakhapatnam: Rs. 1,06,900 per kg
  • Kolkata, Mumbai, Delhi: Rs. 97,900 per kg
  • Bangalore: Rs. 96,900 per kg

Note that these prices were recorded at 6 AM today. It is advisable to check the latest prices before making any purchases.

For the most up-to-date gold prices, interested buyers can give a missed call to 8955664433.

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