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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Gold, which had been on a downward trend for the past few days, saw a sudden increase in value today. This spike in gold prices reaffirms the faith Indians have in this precious metal as a means of securing their financial future. Despite any potential financial challenges that may arise, owning gold is seen as a safeguard against economic uncertainties.

In major cities across India, including Chennai, Mumbai, Delhi, Hyderabad, Vijayawada, Kerala, and Bengaluru, the prices of gold varied slightly. For instance, in Chennai, the price of 22 carat 10 gram gold was Rs. 71,010, while the price of 24 carats was Rs. 77,460. Similarly, in Mumbai, Delhi, Hyderabad, Vijayawada, Kerala, and Bengaluru, the prices of both 22 carat and 24 carat gold fluctuated within a similar range.

Conversely, the price of silver experienced a marginal decrease, with the current price per kilogram standing at Rs. 94,900. It is important to note that the mentioned gold prices do not include GST and TCS, so additional charges may apply at the time of purchase.

As the day progresses, these prices may continue to fluctuate based on various factors, highlighting the dynamic nature of the precious metals market. Stay informed about the latest developments to make informed decisions regarding your investments in gold and silver.

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And let’s see how the gold prices are in the major cities of the country. In Hyderabad, the price of 22 carat 10 gm gold is Rs.66,760, while the price of 24 carat 10 gm is Rs.72,830.

In Chennai, the price of 10 grams of 22 carat gold is Rs.66,760, while the price of 10 grams of 24 carats is Rs.72,830.

In Mumbai, the price of 22 carat 10 gm gold is Rs.66,760, while the price of 24 carat 10 gm is Rs.72,830.

In Delhi, the price of 22 carat 10 grams of gold is Rs.66,910, while the price of 24 carats is Rs.72,980 per 10 grams.

In Kolkata, the price of 22 carat 10 gm gold is Rs.66,760, while the price of 24 carat 10 gm is Rs.72,830.

In Bengaluru, the price of 22 carat 10 gm gold is Rs.66,760, while the price of 24 carat 10 gm is Rs.72,830.

In Kerala, the price of 22 carat 10 grams of gold is Rs.66,760, while the price of 24 carats is Rs.72,830 per 10 grams.

In Vijayawada, the price of 10 grams of 22 carat gold is Rs.66,760, while the price of 10 grams of 24 carats is Rs.72,830.

If there is a slight change in gold prices, the price of silver has increased up to a thousand rupees. The price of a kilo of silver is Rs.86,100 domestically. In Hyderabad, Chennai, and Kerala, the price of silver per kg is Rs.91,000, while in other areas it is Rs.86,100.

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In India, gold holds a special place among women, but recent estimates from the World Gold Council suggest a significant increase in gold consumption this year. The expectation is that the decrease in prices will drive up demand, leading to a substantial rise in gold purchases.

As of September 5, the prices of gold and silver in the country experienced another dip. The domestic prices stand at Rs.66,680 for 22-carat 10 grams of gold and Rs.72,750 for 24-carat 10 grams. Silver is priced at Rs.84,900 per kilogram.

Let’s take a closer look at the prices in major cities:

• Delhi: 22 carat 10 gram gold – Rs.66,830, 24 carat 10 gram gold – Rs.72,900
• Hyderabad: 22 carat 10 gram gold – Rs.66,680, 24 carat 10 gram gold – Rs.72,750
• Mumbai: 22 carat 10 grams gold – Rs.66,680, 24 carat 10 grams gold – Rs.72,750
• Chennai: 22 carat 10 gram gold – Rs.66,680, 24 carat 10 gram gold – Rs.72,750
• Bengaluru: 22 carat 10 gm gold – Rs.66,680, 24 carat 10 gm gold – Rs.72,750
• Kolkata: 22 carat 10 gm gold – Rs.66,680, 24 carat 10 gm gold – Rs.72,750

Stay tuned for further updates on the dynamic gold and silver market in India.

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Let’s take a look at the current prices of gold in various major cities across the country:

• Delhi: 10 grams of 22-carat gold is priced at Rs. 67,100, while 24-carat gold costs Rs. 73,040.
• Mumbai: The price of 22-carat gold stands at Rs. 66,950, with 24-carat gold priced at Rs. 73,040.
• Chennai: 10 grams of 22-carat gold is priced at Rs. 66,950, and 24-carat gold is available at Rs. 73,040.
• Kolkata: The price of 10 grams of 22-carat gold is Rs. 66,950, and 24-carat gold is priced at Rs. 73,040.

In Telugu states:

• Hyderabad: 10 grams of 22-carat gold is priced at Rs. 66,950, while 24-carat gold costs Rs. 73,040.
• Vijayawada: The price of 10 grams of 22-carat gold is Rs. 66,950, and 24-carat gold is priced at Rs. 73,040.
• Visakhapatnam: 22-carat gold is available at Rs. 66,950, and 24-carat gold costs Rs. 73,040.

Regarding silver prices, the trend mirrors that of gold, with silver maintaining stability across major cities. The latest silver price per kilogram in Delhi and Mumbai is Rs. 87,000, in Bangalore it continues at Rs. 85,000, while in Chennai, Kerala, Hyderabad, Visakhapatnam, and Vijayawada, the price per kilogram of silver is at its highest at Rs. 92,900.

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Let’s delve into the specifics of gold prices in various cities. In the national capital, Delhi, the price of 10 grams of 22 carat gold is Rs. 67,190, while 24 carat gold is trading at Rs. 73,290. Moving to Mumbai, the financial capital, 22 carat gold is priced at Rs. 67,040, and 24 carat gold at Rs. 73,140. Similar trends are seen in Chennai, Kolkata, and other major cities, with slight variations in prices.

Shifting focus to the Telugu states, Hyderabad witnessed 22 carat gold priced at Rs. 67,040 and 24 carat gold at Rs. 73,140. Vijayawada and Visakhapatnam also reflected similar price points for both carat categories.

In the realm of silver, the market echoes the movements of gold, experiencing a decline in prices across all major cities. The price of a kilogram of silver dropped by Rs. 100, with Delhi, Mumbai, and Bangalore recording prices of Rs. 87,900, Rs. 88,300, and Rs. 87,600, respectively. Notably, southern cities such as Chennai, Kerala, Hyderabad, Visakhapatnam, and Vijayawada display the highest silver prices at Rs. 92,900 per kilogram.

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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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The price of gold fluctuates every day. One day it increases, the next day it decreases. Gold prices fell in almost all major cities of the country on Monday. Compared to Sunday morning, today’s balance is about Rs. Reduced to 100. With this, the price of 10 grams of 24 carat gold is Rs. 73,300 was reached.

Now let’s see how are the prices of gold and silver across the country today. The price of 10 grams of 22 carat gold in the national capital New Delhi is Rs. 67,900 while the price of 24 carat gold is Rs. Continuing at 73,180. Similarly, in the case of the financial capital Mumbai, the price of 10 grams of 22 carat gold here is Rs. 66,940, while 24 carat gold costs Rs. 73,300 continues.

And the price of 22 carat Tulam gold in Chennai is Rs. 66,940, 24 carat gold cost Rs. 73,300 continues. As for Bangalore, the price of 22 carat 10 gram gold here is Rs. 66,940, while 24 carat gold costs Rs. 73,300 continues. As far as the Telugu states are concerned, the price of 10 grams of 22 carat gold in Hyderabad is Rs. 66,940 while 24 carat gold cost Rs. 73,300 continues. Apart from Vijayawada, the same prices are continuing in Visakhapatnam as well.

Silver is also following the path of gold. On Monday, per kg of silver Rs. 100 down. As a result, the price of silver per kg in cities like Delhi, Mumbai, Kolkata and Pune is Rs. 87,900 while in Chennai, Kerala, Hyderabad, Vijayawada and Visakhapatnam the highest Rs. 92,900 continues.

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In Mumbai, the financial capital of India, the price of 10 grams of 22-carat gold is 66,950 rupees, while 24-carat gold is priced at 73,400 rupees. In Delhi, the national capital, 10 grams of 22-carat gold costs 67,100 rupees, and 24-carat gold is priced at 73,190 rupees. Similar prices are seen in Chennai, Kolkata, and Bangalore for both 22 and 24-carat gold.

In the Telugu states, cities like Hyderabad, Vijayawada, and Visakhapatnam are witnessing consistent prices for both 22 and 24-carat gold. The silver prices, however, remain stable across the country, with variations in different cities like Delhi, Mumbai, Kolkata, Pune, Hyderabad, Vijayawada, Visakhapatnam, Chennai, and Kerala.

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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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