On May 5th, 2023, Hyderabad, Bangalore, Kerala, and Visakhapatnam experience a surge in gold and silver rates.

Gold rates have increased in Hyderabad, Bangalore, Kerala, and Visakhapatnam as of 05 May 2023. In Bangalore, the rates for 10 grams of 22-carat gold is Rs. 57,510 and 10 grams of 24-carat gold is Rs. 62,190. The rates are the same in Hyderabad, Kerala, and Visakhapatnam. Silver rates per kilogram are Rs. 82,800 in all four cities.

When investing in gold in Hyderabad, there are various options available. People can choose from a range of jewellery designs in different colors, as well as bars and coins that offer good margins. For those with budget constraints, periodic investments can be made on an installment basis for 11 months.