The market for gold has been on a rollercoaster recently, with prices fluctuating unpredictably. However, for the second day in a row, prices have dropped, offering relief and excitement for buyers, particularly women preparing for weddings or festive shopping.

In Hyderabad, the price of:

• 22-carat gold is now ₹70,890 for 10 grams.
• 24-carat gold costs ₹77,340 for 10 grams.

These rates are consistent in Visakhapatnam and Vijayawada as well.

Comparative Gold Prices Across Cities

• In New Delhi, 22-carat gold is priced at ₹71,040, while 24-carat gold is ₹77,490.
• In cities like Mumbai, Kolkata, and Bangalore, prices remain slightly different, reflecting regional market dynamics.

Silver Prices Also Decreasing

Not just gold, but silver prices have also witnessed a dip:

• In Hyderabad, Visakhapatnam, and Vijayawada, 1 kg of silver is priced at ₹98,800.
• In major metros like Mumbai, Delhi, Kolkata, and Bangalore, the price per kg of silver is ₹91,300.

Why Now is a Great Time to Buy

For those planning investments, weddings, or festive purchases, this decline in gold and silver prices offers an ideal opportunity. The decrease in prices might not last long, given the volatile nature of the precious metal market.

Make the most of this golden opportunity and check with your local jeweler for updated prices.

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