Gold and Silver Rates Today Across Major Cities in India
As of April 4, 2023, gold rates have seen a decline in Hyderabad, Bangalore, Kerala, and Visakhapatnam. In Bangalore city, the gold rate for 10 grams of 22-carat gold is at Rs. 54,700, with a fall of Rs. 300. Meanwhile, the gold rate for 10 grams of 24-carat gold is at Rs. 59,670 with a fall of Rs. 330. The same trend is observed in Hyderabad, with the gold rate for 10 grams of 22-carat gold holding at Rs. 54,700 and 10 grams of 24-carat gold at Rs. 59,670, both with a fall of Rs. 300 and Rs. 330, respectively.
In Kerala and Visakhapatnam, the gold rate for 10 grams of 22-carat gold is at Rs. 54,700 and the gold rate for 10 grams of 24-carat gold is at Rs. 59,670, with no significant changes.
On the other hand, silver rates across Hyderabad, Kerala, Bangalore, and Visakhapatnam per one kilogram are steady at Rs. 77,100.
Investing in Gold in Hyderabad
When it comes to investing in gold in Hyderabad, people can choose from various options such as jewellery, pearls, or precious jewellery. The city offers a wide range of jewellery designs in different colours, followed by bars and coins that offer a good margin. For those with budget constraints, periodic investments can be made through installment plans for eleven months.
Overall, the current gold and silver rates indicate a decline in prices across major cities in India, making it an ideal time to invest in these precious metals.