Gold price increase Archives - Vizag One

Gold Prices See a Slight Increase After Recent Drop: Current Rates in Hyderabad

Our Vizag — Thu, 28 Nov 2024 01:52:34 +0000

Gold Prices Rise Slightly After Recent Decline
Gold prices, which had been on a downward trend recently, have seen a slight increase once again. In the past two days, the price of 24-carat gold has risen by approximately Rs. 280. Despite the fluctuations in gold prices due to various factors, such as negative signals from the global market, international gold reserves, Fed interest rates, and inflation, the rates have shown an uptick.

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.

Gold Prices Surge Across India: Sudden Spike Shocks Gold Lovers

Our Vizag — Thu, 17 Oct 2024 03:10:00 +0000

Gold lovers have been hit with a series of surprises this week as gold prices experience a sharp increase after a recent decline. On Thursday, 22-carat gold saw an unexpected jump of Rs. 460, while 24-carat gold prices increased by Rs. 500. This unexpected surge has left many gold enthusiasts re-evaluating their investment strategies.

Gold Prices in Major Cities:

As of today, here’s a look at gold prices for 22-carat gold in major cities across India:

Kolkata: Rs. 71,410
Delhi: Rs. 71,560
Chennai: Rs. 71,410
Hyderabad: Rs. 71,410
Vijayawada: Rs. 71,410
Bangalore: Rs. 71,410

For 24-carat gold, the prices have also seen an upward trend:

Bangalore: Rs. 77,900
Mumbai: Rs. 77,900
Kolkata: Rs. 77,900
Hyderabad: Rs. 77,900
Vijayawada: Rs. 77,900
Delhi: Rs. 78,050
Chennai: Rs. 77,900

The price variations across different cities can be attributed to local tax rates and market conditions.

Silver Prices Also on the Rise:

Silver prices have followed a similar trend, with a significant increase over the past few days. The price of silver per kilogram has reached Rs. 97,000 in Delhi. In Hyderabad, Visakhapatnam, and Vijayawada, silver prices stand at Rs. 1,02,800 per kilogram. These fluctuations reflect a broader trend in precious metals as market demand and international prices continue to impact local rates.

What’s Driving the Increase in Gold and Silver Prices?

Gold and silver prices are influenced by several factors, including international market trends, currency exchange rates, and local demand. The recent spike could be linked to global market instability, causing investors to flock to safer assets like gold.

The Road Ahead for Gold Investors:

Investors should stay informed as gold and silver prices continue to fluctuate. Keeping an eye on market trends and consulting with financial experts may help those looking to invest or divest their holdings. As always, regional factors and local taxes will continue to affect the final prices.

The post Gold Prices Surge Across India: Sudden Spike Shocks Gold Lovers appeared first on Vizag One.

The Resurgence of Gold Prices: Insights and Trends

Our Vizag — Sat, 21 Sep 2024 02:17:15 +0000

The price of gold, which has fallen as it has fallen, is running again. Recently, the wedding season has ended, and many expected the price of gold to decline due to reduced demand. However, contrary to predictions, the price of gold is once again on the rise. After a period of decline, the gold price of Tulam has crossed Rs. 75,000, marking a significant increase. The latest surge in gold prices was observed on a Saturday, highlighting the volatility of the market.

Let’s take a closer look at the current gold and silver prices in major cities across the country:

New Delhi: 10 grams of 22 carat gold is priced at Rs. 69,100, while 24 carat gold costs Rs. 75,270.
Mumbai: In the financial capital, 10 grams of 22 carat gold is priced at Rs. 68,860, with 24 carat gold at Rs. 75,120.
Chennai: The price of 22 carat gold is Rs. 68,860, and 24 carat gold is priced at Rs. 75,120.
Kolkata: 10 grams of 22 carat gold costs Rs. 68,860, while 24 carat gold is priced at Rs. 75,120.
Bangalore: The price of 22 carat gold is Rs. 68,860, and 24 carat gold is priced at Rs. 75,120.

In the Telugu states:

Hyderabad: 10 grams of 22 carat gold is priced at Rs. 68,860, with 24 carat gold at Rs. 75,120.
Vijayawada and Visakhapatnam: The price of 10 grams of 22 carat gold is Rs. 68,860, and 24 carat gold costs Rs. 75,120.

Silver prices are also on the rise, following the trend of gold. On Saturday, the price per kg of silver increased by Rs. 100. In cities like Delhi, Kolkata, Mumbai, and Jaipur, the price per kg of silver stands at Rs. 92,600. In Chennai, Kerala, Hyderabad, Vijayawada, and Visakhapatnam, the maximum price of silver per kg is Rs. 97,600.

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