This fluctuation in gold prices has left many potential buyers wondering whether now is the right time to make a purchase. It is advisable to keep an eye on these trends before buying.

Gold Price in Hyderabad

As of the latest data, the price of 10 grams of 24-carat gold in Hyderabad stands at Rs. 77,670. The 22-carat gold price is slightly lower, at Rs. 71,210 per 10 grams.

In other major cities such as Kolkata, Chennai, Bangalore, Mumbai, and Kerala, the price of 22-carat gold is Rs. 71,060, while 24-carat gold is priced at Rs. 77,520 per 10 grams.

Silver Prices Decline

While gold prices have gone up, silver has seen a downward trend in recent days. In the past four days, silver prices dropped by about Rs. 2600, with a further reduction of Rs. 100 on the current day. As of the latest update, the price of one kilogram of silver is:

• Rs. 89,400 in Delhi, Kolkata, Bangalore, and Mumbai.
• Rs. 97,800 in Hyderabad, Visakhapatnam, and Vijayawada.
• Rs. 97,900 in Kerala and Chennai.

What to Keep in Mind Before Buying Gold

It is important to stay updated on the current market prices before making any gold purchases, as fluctuations can happen frequently. For the most accurate and timely updates on gold prices, you can check the latest rates or give a missed call to 8955664433 for real-time price information.

The post Gold Prices See a Slight Increase After Recent Drop: Current Rates in Hyderabad appeared first on Vizag One.

Current Gold and Silver Prices

As of today, the price of 22 carat gold is Rs. 72,990 per 10 grams, while the 24 carat gold is Rs. 79,630 per 10 grams. Yesterday, the prices were marginally higher at Rs. 73,000 for 22 carat gold and Rs. 79,640 for 24 carat gold. This shows a slight decrease in prices over the last 24 hours.

When it comes to silver, the price per kilogram has also decreased slightly. The current price of silver per kg is Rs. 91,900, a drop of Rs. 100 from yesterday’s value. However, the prices of both gold and silver are constantly changing and can fluctuate throughout the day due to various factors such as market trends, global economic conditions, and local demand.

Gold and Silver Prices in Major Cities:

Here’s a breakdown of gold and silver prices across some major cities:

• Chennai:
  • 22 Carat Gold: Rs. 72,990
  • 24 Carat Gold: Rs. 79,630
• Delhi:
  • 22 Carat Gold: Rs. 73,140
  • 24 Carat Gold: Rs. 79,980
• Mumbai:
  • 22 Carat Gold: Rs. 72,990
  • 24 Carat Gold: Rs. 79,630
• Hyderabad:
  • 22 Carat Gold: Rs. 72,990
  • 24 Carat Gold: Rs. 79,630
• Vijayawada:
  • 22 Carat Gold: Rs. 72,990
  • 24 Carat Gold: Rs. 79,630
• Kolkata:
  • 22 Carat Gold: Rs. 72,990
  • 24 Carat Gold: Rs. 79,630
• Bengaluru:
  • 22 Carat Gold: Rs. 72,990
  • 24 Carat Gold: Rs. 79,630

Factors Influencing Gold and Silver Prices

Gold continues to be a prime investment choice for many, especially during the wedding and festive seasons. The fluctuations in gold prices are influenced by several factors, including:

• Economic Conditions: Global economic uncertainties, inflation rates, and currency devaluation can push investors toward gold as a safe haven.
• Geopolitical Events: Political tensions, conflicts, and instability can drive up demand for gold as a protective asset.
• Supply and Demand: As the demand for gold increases, especially in emerging markets like India and China, prices tend to rise. Central banks of these countries are purchasing more gold, which could further drive up prices in the future.
• Market Movements: Fluctuations in the global market, including decisions made by the Federal Reserve and other financial bodies, also play a role in determining gold prices.

Experts predict that due to the rising gold purchases by central banks in emerging markets and the ongoing uncertainty in global markets, gold prices could experience an upward trend in the near future.

Conclusion

While gold prices have dipped slightly today, they are still near historical highs. Silver prices remain volatile, reflecting the changing market conditions. Whether you are investing in gold or buying it for weddings, these fluctuations are an essential consideration in today’s market.

The post Gold and Silver Prices Today: Slight Dip in Gold Rates, Silver Prices Continue to Fluctuate appeared first on Vizag One.

Gold Price by City

Here are the prices of gold in different cities across India:

• Chennai: 22-carat gold – ₹72,750, 24-carat gold – ₹79,360
• Delhi: 22-carat gold – ₹72,900, 24-carat gold – ₹79,510
• Mumbai: 22-carat gold – ₹72,750, 24-carat gold – ₹79,360
• Hyderabad: 22-carat gold – ₹72,750, 24-carat gold – ₹79,360
• Vijayawada: 22-carat gold – ₹72,750, 24-carat gold – ₹79,360
• Bengaluru: 22-carat gold – ₹72,750, 24-carat gold – ₹79,360

These prices represent the cost of 10 grams of gold and may change based on market conditions.

Silver Price

The price of silver has also seen a decrease. The current price of silver is ₹94,000 per kilogram, down by ₹800 compared to yesterday.

Why Are Gold Prices Falling?

Gold prices are influenced by a wide range of factors, including economic conditions, geopolitical events, and fluctuations in demand and supply. The current drop in prices can be attributed to the changes in the global market, including events like the upcoming US elections and decisions made by the Federal Reserve.

Additionally, Goldman Sachs reports that gold purchases by central banks in emerging markets are on the rise, which could lead to an increase in gold prices in the near future. These factors make gold an attractive investment, especially during uncertain times, as it serves as a safe-haven asset.

Conclusion

Gold continues to hold significant value in India, particularly during festivals and weddings, making it a prime investment option for many. While the prices of gold and silver have decreased today, these rates are constantly fluctuating based on global and local economic factors. Keeping an eye on market trends is essential for those looking to invest in precious metals like gold.

The post Gold Price Today: Drop in Gold and Silver Prices Across Major Cities appeared first on Vizag One.

Current Gold Prices

Today, October 26, the price for 22-carat gold is ₹72,960 per 10 grams, while 24-carat gold is priced at ₹79,590 per 10 grams. Below is a city-wise breakdown of gold prices:

• Hyderabad:
  • 22-carat gold: ₹72,960
  • 24-carat gold: ₹79,590
• Visakhapatnam and Vijayawada:
  • 22-carat gold: ₹72,960
  • 24-carat gold: ₹79,590
• Delhi:
  • 22-carat gold: ₹73,110
  • 24-carat gold: ₹79,740
• Mumbai:
  • 22-carat gold: ₹72,960
  • 24-carat gold: ₹79,590
• Chennai:
  • 22-carat gold: ₹72,960
  • 24-carat gold: ₹79,590
• Bengaluru:
  • 22-carat gold: ₹72,960
  • 24-carat gold: ₹79,590

Current Silver Prices

Silver prices have also shown an upward trend. The current rates are as follows:

• Hyderabad, Vijayawada, and Visakhapatnam: ₹106,900 per kg
• Delhi, Mumbai, and Bengaluru: ₹97,900 per kg
• Chennai: ₹106,900 per kg

These prices were recorded at 6 AM today and are subject to change as market dynamics fluctuate.

Stay Updated

For those looking to stay informed about the latest gold and silver prices, you can receive updates via a missed call. To know the latest gold prices, simply give a missed call to 8955664433.

Conclusion

As the festive season continues, fluctuations in gold and silver prices are expected. Consumers are advised to keep an eye on the market trends to make informed purchasing decisions.

The post Gold Price Update: Fluctuations as Diwali Approaches—October 26 Prices Revealed appeared first on Vizag One.

Gold Prices in Major Cities

Gold rates vary across different regions in the country, with cities like Delhi, Mumbai, Chennai, Bangalore, and Hyderabad seeing changes in both 22 carat and 24 carat gold prices. Here’s a breakdown of today’s prices across major Indian cities:

• New Delhi:
  • 22 carat gold: Rs. 73,160
  • 24 carat gold: Rs. 79,800
• Mumbai:
  • 22 carat gold: Rs. 73,010
  • 24 carat gold: Rs. 79,650
• Chennai:
  • 22 carat gold: Rs. 73,010
  • 24 carat gold: Rs. 79,650
• Bangalore:
  • 22 carat gold: Rs. 73,010
  • 24 carat gold: Rs. 79,650
• Hyderabad:
  • 22 carat gold: Rs. 73,010
  • 24 carat gold: Rs. 79,650

The pricing trends have been largely influenced by international market fluctuations and the storage of gold reserves, which continue to play a significant role in the volatility of the market.

Gold Prices in Telugu States

In Telugu states like Hyderabad, Vijayawada, and Visakhapatnam, the prices of gold have mirrored the broader national trends, with a consistent rise across 22 and 24 carat gold.

• Hyderabad:
  • 22 carat gold: Rs. 73,010
  • 24 carat gold: Rs. 79,650
• Vijayawada:
  • 22 carat gold: Rs. 73,010
  • 24 carat gold: Rs. 79,650
• Visakhapatnam (Sagarnagar):
  • 22 carat gold: Rs. 73,010
  • 24 carat gold: Rs. 79,650

Silver Prices Hold Steady

While gold prices saw a spike, silver remained stable across most markets. The price of silver per kilogram in major cities like Delhi, Mumbai, Pune, and Kolkata reached Rs. 1,01,100. In the southern states, including Chennai, Hyderabad, Vijayawada, and Visakhapatnam, the price of silver remains higher, at Rs. 1,09,100 per kilogram. This has made silver a slightly more consistent option for investors over the past few days.

What’s Causing the Fluctuations?

Experts point to international market trends, geopolitical tensions, and fluctuations in the value of the US dollar as key drivers behind the daily changes in gold prices. Additionally, as central banks continue to adjust their gold reserves, we are seeing these shifts directly impact the consumer market. Buyers are advised to monitor prices closely before making any purchase decisions.

For real-time updates on gold and silver prices, you can use the missed call service by dialing 8955664433 to stay updated.

The post Gold Price Today: Gold Prices Surge Again – 24 Carat Gold at Rs. 79,650, Silver at Rs. 1,09,100 in Southern Cities appeared first on Vizag One.

Gold Prices in Major Indian Cities:

• Chennai: ₹71,100 (22 carat), ₹77,560 (24 carat)
• Mumbai: ₹71,100 (22 carat), ₹77,560 (24 carat)
• Delhi: ₹71,250 (22 carat), ₹77,710 (24 carat)
• Hyderabad: ₹71,100 (22 carat), ₹77,560 (24 carat)
• Vijayawada: ₹71,100 (22 carat), ₹77,560 (24 carat)
• Bengaluru: ₹71,100 (22 carat), ₹77,560 (24 carat)
• Kerala: ₹71,100 (22 carat), ₹77,560 (24 carat)

While gold prices continue to fluctuate, silver remains stable at ₹95,000 per kilogram.

Understanding Gold Purity:

It is essential to be aware of the purity of gold before making any purchase. The purity of gold is determined by the hallmark issued by the Indian Standard Organization (ISO). Here’s a quick guide to the markings on gold jewellery:

• 24 carat: 999
• 23 carat: 958
• 22 carat: 916
• 21 carat: 875
• 18 carat: 750

Gold in India is predominantly sold as 22 carat, though 18 carat is also commonly used.

As gold prices fluctuate daily, it’s important to stay updated to make informed buying decisions, whether for investment purposes or traditional purchases.

The post Gold Prices Surge Again: 22 Carat Hits ₹71,100, 24 Carat at ₹77,560 appeared first on Vizag One.

Current Gold Prices in Major Telugu States

In Hyderabad, the price for 22-carat gold has reached Rs. 67,160 for 10 grams. Meanwhile, the price of 24-carat pure gold for the same quantity is Rs. 73,260. These prices are consistent in other significant cities of Andhra Pradesh, such as Vijayawada and Visakhapatnam.

National Gold Prices

Looking at gold prices in major cities across the country:

• In Delhi, the price of 22-carat gold is Rs. 67,310, while 24-carat gold is priced at Rs. 73,410.
• In Chennai, 22-carat gold is also at Rs. 67,160, with 24-carat gold priced at Rs. 73,260.
• In Bengaluru, the prices mirror those in Chennai, with 22-carat gold at Rs. 67,160 and 24-carat gold at Rs. 73,260.
• Similarly, in Kolkata, the price for 22-carat gold stands at Rs. 67,160, and 24-carat gold at Rs. 73,260.
• These prices remain the same in Mumbai and Kerala, the latter being known for its deep-rooted gold culture.

Marketing experts indicate that fluctuations in gold prices are influenced by various factors, including RBI interest rates and Federal Reserve interest rates.

Silver Prices in the Country

Silver prices have also seen some movement, having reached a kilo lakh mark previously before coming down again. On September 12, the price of silver per kg saw a slight increase, rising from Rs. 86,500 to Rs. 86,600. In Hyderabad, the silver price currently stands at Rs. 91,600, a figure that remains consistent in Vijayawada and Visakhapatnam.

As the precious metals market continues to experience fluctuations, it remains essential for consumers and investors to stay informed about the latest prices and trends.

The post Gold Prices See Marginal Rise Amid Paddy Price Easing; Current Rates in Major Cities appeared first on Vizag One.

Last Friday (September 5), the Indian bullion market saw a drop in gold prices, signaling a continuation of the downward trend since the budget. Silver prices are also following suit, with a decrease of Rs. 100 in the scale. Presently, the domestic price stands at Rs. 72,750 for 10 grams of 24-carat gold, while 22-carat gold is priced at Rs. 66,680 for the same weight.

Taking a closer look at major cities across the country, we find varying prices. In Delhi, 10 grams of 22-carat gold is priced at Rs. 66,830, and 24-carat gold at Rs. 72,900. Moving to Chennai, the prices are Rs. 66,680 for 22-carat and Rs. 72,750 for 24-carat gold. Similarly, Mumbai, Hyderabad, Vijayawada, Bengaluru, and Kolkata show consistent patterns in gold pricing.

Experts in the bullion market are anticipating a rise in gold prices, with international firms like Goldman Sachs predicting a potential surge to $2,700 an ounce by early 2025. Investors are advised to keep an eye on these developments and maintain faith in the enduring value of gold.

The post The Fluctuating Trends of Gold Prices in India: What Investors Need to Know appeared first on Vizag One.

In New Delhi, the national capital, the price for 10 grams of 22-carat gold is Rs. 67,800, while 24-carat gold is priced at Rs. 73,170. Similarly, in Mumbai, the financial capital, the rates are Rs. 66,930 for 22-carat gold and Rs. 73,020 for 24-carat gold. Chennai offers 22-carat Tulam gold at Rs. 66,930 and 24-carat gold at Rs. 73,020. Bangalore, Hyderabad, Vijayawada, and Visakhapatnam also reflect similar pricing trends.

On the other hand, silver prices have seen an increase. The price per kilogram of silver surged by Rs. 100 on Wednesday. In cities like Delhi, Mumbai, Kolkata, and Pune, the cost of silver per kilogram is Rs. 88,600. Meanwhile, in Chennai, Kerala, Hyderabad, Vijayawada, and Visakhapatnam, the price reaches a high of Rs. 93,600.

The post Today’s Gold Price Fluctuations: Update on Gold and Silver Prices Across Major Cities appeared first on Vizag One.