Here’s the article rewritten in a simpler way, broken into multiple paragraphs:
—
Gold prices in Hyderabad have dropped just before Akshaya Tritiya, bringing relief to buyers. Over the past month, prices had been going up quickly and even crossed ₹1 lakh per 10 grams earlier. However, in the last two days, prices have started falling steadily.
On Monday, gold prices fell sharply, dropping about ₹3,500 from their highest levels. Now, 22-carat gold costs ₹89,400 per 10 grams, and 24-carat gold costs ₹97,530 per 10 grams. This price drop has made many customers happy, especially those planning to buy gold for Akshaya Tritiya. Jewellery stores are expecting more customers because of the lower prices.
The same trend is seen in other cities too. In Hyderabad, Vijayawada, and Visakhapatnam, 22-carat gold is priced at ₹89,400 and 24-carat gold at ₹97,530 per 10 grams. In Delhi, the prices are a little higher, with 22-carat gold at ₹89,550 and 24-carat gold at ₹97,680. Mumbai and Chennai have similar prices to Hyderabad.
Silver prices have also gone down slightly. In Hyderabad, silver is now ₹1,11,800 per kilogram after dropping by ₹100. In Delhi and Mumbai, silver is selling for about ₹1,01,800 per kilogram, while in Chennai, it remains at ₹1,11,800.
Experts say that the fall in gold prices could be because of changes in global markets and a stronger Indian rupee. With Akshaya Tritiya coming up — a festival when buying gold is considered lucky — both customers and jewellers are hopeful that the lower prices will increase sales.
—
Would you also like a headline suggestion for this simpler version?
