Gold Prices in Major Indian Cities:

Here’s a look at the current gold prices across key cities in India as of today, Friday:

• Delhi:
  22 carat gold is priced at ₹71,760 per 10 grams, while 24 carat gold is available at ₹78,270.
• Mumbai:
  22 carat gold is priced at ₹71,610, while 24 carat gold continues at ₹78,120.
• Chennai:
  22 carat gold is available for ₹71,610, and 24 carat gold stands at ₹78,120.
• Bangalore:
  In Bangalore, 10 grams of 22 carat gold is priced at ₹71,610, and 24 carat gold is at ₹78,120.

Gold Prices in Telugu States:

• Hyderabad:
  22 carat gold is priced at ₹71,610 per 10 grams, and 24 carat gold at ₹78,120.
• Vijayawada:
  22 carat gold is priced at ₹71,610, and 24 carat gold continues at ₹78,120.
• Visakhapatnam:
  Gold prices in Sagarnagar, Visakhapatnam, remain steady with 22 carat gold at ₹71,610 and 24 carat gold at ₹78,120.

Silver Prices:

While gold has seen a steady rise, the price of silver has slightly decreased. On Friday, the price of silver dropped by ₹100 per kilogram. Here are the silver prices in different cities:

• Delhi, Kolkata, Mumbai, Pune:
  Silver is priced at ₹96,900 per kilogram.
• Chennai:
  Silver stands at ₹1,02,900 per kilogram.
• Hyderabad, Vijayawada, Visakhapatnam:
  Silver is priced at ₹1,03,100 per kilogram.

These prices were recorded at 6 am today. For the latest updates, you can give a missed call to 8955664433 to know the current rates for gold and silver.

With the holiday season approaching, many are keeping a close eye on the fluctuating gold rates. As prices continue to rise, it’s crucial for buyers and investors to stay informed about the market trends before making any purchases.

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Changing Investment Preferences

Historically, gold was primarily associated with jewelry, serving as a status symbol and a cherished asset for emergencies. However, as economic circumstances evolve, individuals are now recognizing gold’s potential as a solid investment. This shift is evident as more people move away from real estate investments and gravitate toward precious metals like gold and silver.

Current Gold Prices in Telugu States

On the auspicious occasion of Durgashtami, let’s take a closer look at the current gold prices in the Telugu states. As of today, October 10th, the price of 10 grams of 22-carat gold in Hyderabad stands at ₹70,290, a slight decrease of ₹10. Meanwhile, 24-carat gold is priced at ₹76,680 for the same quantity. These prices remain consistent in major cities across Andhra Pradesh, including Vijayawada and Visakhapatnam.

Gold Prices in Major Cities Across India

As the demand for gold surges, here are the current prices for gold in various key cities:

• Chennai:
  • 22-carat gold: ₹70,290
  • 24-carat gold: ₹76,680
• Mumbai:
  • 22-carat gold: ₹70,290
  • 24-carat gold: ₹76,680
• Delhi:
  • 22-carat gold: ₹70,440
  • 24-carat gold: ₹76,830
• Bangalore:
  • 22-carat gold: ₹70,290
  • 24-carat gold: ₹76,680
• Kerala:
  • 22-carat gold: ₹70,290
  • 24-carat gold: ₹76,680

The Growing Demand for Silver

In addition to gold, silver (referred to as pasidi in Telugu) is also witnessing an upsurge in demand. Traditionally seen as a more accessible investment, silver is becoming increasingly popular among those looking to diversify their portfolios. As people celebrate festivals like Navratri, the inclination to purchase silver items for religious and cultural significance adds to its appeal.

Conclusion

As we celebrate the Navratri festival, the trends in gold and silver prices reflect a broader shift in investment strategies among the populace. The current prices in major cities indicate a growing recognition of precious metals as valuable assets. With fluctuating market conditions and the ongoing demand for these metals, investing in gold and silver remains a prudent choice for many.

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In the national capital Delhi, the price of 10 grams of 22-carat gold stands at Rs. 67,310, while 24-carat gold is priced at Rs. 73,410. Moving to the financial hub Mumbai, 22-carat gold is valued at Rs. 67,160, and 24-carat gold at Rs. 73,260. Similarly, in Chennai, the prices for 22-carat and 24-carat gold are Rs. 67,160 and Rs. 73,260, respectively. Kolkata echoes the same trend with 22-carat gold at Rs. 67,160 and 24-carat gold at Rs. 73,260.

Shifting focus to the Telugu states, Hyderabad reports 22-carat gold at Rs. 67,160 and 24-carat gold at Rs. 73,260 on Thursday. Vijayawada mirrors these rates with 22-carat gold priced at Rs. 67,160 and 24-carat gold at Rs. 73,260. In Visakhapatnam, the price for 22-carat Tulam gold is Rs. 67,160, while 24-carat gold per 10 grams is at Rs. 73,260.

Regarding silver prices, the inverse relationship with gold is apparent as gold’s increase coincides with a decrease in silver prices. On Thursday, the price of a kilogram of silver dropped to Rs. 100, resulting in a per kg silver price of Rs. 88,400 in Delhi, Mumbai, Kolkata, and Pune. Conversely, in Chennai, Kerala, Hyderabad, Vijayawada, and Visakhapatnam, the silver rate remains at Rs. 93,400 per kilogram.

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Let’s now explore the current gold rates across major cities. In Hyderabad, 10 grams of 22 carat gold is priced at Rs. 67,100, while 24 carat gold stands at Rs. 73,200. In cities like Visakhapatnam and Vijayawada, the rates for 22 carat and 24 carat gold are Rs. 67,110 and Rs. 73,210 for 10 grams respectively. Delhi reflects prices of Rs. 67,250 for 22 carat and Rs. 73,350 for 24 carat gold. Meanwhile, Bengaluru, Kolkata, Pune, and Kerala maintain rates of Rs. 67,100 for 22 carat and Rs. 73,200 for 24 carat gold.

In contrast to the soaring gold prices, silver rates have witnessed a decline. Thursday saw a decrease of Rs. 100 per kilogram compared to Wednesday’s prices, with the current rate standing at Rs. 86,900 in the bullion market. Silver is priced at Rs. 86,900 in Mumbai, Rs. 91,900 in Chennai, Rs. 84,900 in Bengaluru, and Rs. 91,900 in Hyderabad, Visakhapatnam, and Vijayawada.

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