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Stable Gold Prices Bring Good News for Buyers

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Good news for gold lovers! Since the Diwali festival, gold prices have remained stable, making it an opportune time for those looking to buy. However, it’s always wise to check the latest prices before making a purchase, especially the price of Tulam gold in Hyderabad.

Recent Trends in Gold Prices

Following a period of significant increases leading up to Diwali, gold prices have experienced a notable drop post-festival. On November 1, prices fell sharply, and on the following day, they decreased by an additional ₹150. As of Sunday, the market has stabilized, though it continues to be influenced by international gold and silver reserves and various uncertainties in the global market.

Here’s a look at the latest gold prices across major cities as of Sunday:

  • Delhi:
    • 22 Carat Gold: ₹73,800
    • 24 Carat Gold: ₹80,550
  • Mumbai:
    • 22 Carat Gold: ₹73,700 (decreased by ₹10)
    • 24 Carat Gold: ₹80,400
  • Bangalore:
    • 22 Carat Gold: ₹73,700
    • 24 Carat Gold: ₹80,400
  • Telugu States (Hyderabad, Vijayawada, Visakhapatnam):
    • 22 Carat Gold: ₹73,700
    • 24 Carat Gold: ₹80,400

Silver Prices Update

Silver prices are also showing some fluctuations in line with gold trends. Recently, there was a drop of ₹3,000 per kg on November 1. Currently, silver prices stand at:

  • Hyderabad, Vijayawada, Visakhapatnam: ₹1,06,000 per kg
  • Delhi, Mumbai, Bangalore: ₹97,000 per kg
  • Chennai: ₹1,06,000 per kg

Conclusion

Before purchasing gold, it’s crucial to check the latest prices to ensure you are making a wise investment. For the most current gold rates, you can give a missed call to 8955664433. With prices stabilizing, this is an ideal time for gold enthusiasts to consider adding to their collections.

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