Gold Rates in Hyderabad
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
24K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
22K Gold / 10gm
05th Jan '24
₹69,000.00
-260.00 (0.39%)
Gold holds a position of immense value in India, cherished particularly by women for its cultural and auspicious significance.
The fluctuation in gold prices is a common phenomenon observed daily across various cities worldwide, and Hyderabad, India, is no different. Several factors, including global market trends, influence the gold price in Hyderabad.
Gold is not just a symbol of wealth and prosperity in Indian culture; it also plays a pivotal role in investment portfolios, leading to its widespread purchase throughout the nation, including Hyderabad.
The investment in gold extends beyond physical forms to include trading in commodities and derivatives on financial exchanges.
The demand for gold remains consistent in India, unaffected by the economic environment. Those considering investing in gold in Hyderabad must stay well-informed about the current gold rates. Whether the interest lies in acquiring jewelry, coins, or bars, it's crucial to verify the latest gold prices in Hyderabad.
The daily variations in gold prices in the city are attributed to factors such as the balance between demand and supply, inflation rates, and the exchange rate between the rupee and the dollar.
Gold holds a position of immense value in India, cherished particularly by women for its cultural and auspicious significance.
The fluctuation in gold prices is a common phenomenon observed daily across various cities worldwide, and Hyderabad, India, is no different. Several factors, including global market trends, influence the gold price in Hyderabad.
Gold is not just a symbol of wealth and prosperity in Indian culture; it also plays a pivotal role in investment portfolios, leading to its widespread purchase throughout the nation, including Hyderabad.
The investment in gold extends beyond physical forms to include trading in commodities and derivatives on financial exchanges.
The demand for gold remains consistent in India, unaffected by the economic environment. Those considering investing in gold in Hyderabad must stay well-informed about the current gold rates. Whether the interest lies in acquiring jewelry, coins, or bars, it's crucial to verify the latest gold prices in Hyderabad.
The daily variations in gold prices in the city are attributed to factors such as the balance between demand and supply, inflation rates, and the exchange rate between the rupee and the dollar.
24K Gold Rates Per Gram in Hyderabad
Grams
Today
Yesterday
02 years
₹15,000
₹4.1 Lakhs
05 years
₹15,000
₹12.4 Lakhs
10 years
₹15,000
₹34.9 Lakhs
15 years
₹15,000
₹75.7 Lakhs
22K Gold Rates Per Gram in Hyderabad
24K Gold Rates Per Gram in Hyderabad
Grams
Today
Yesterday
1 Gram
₹15,000
₹4.1 Lakhs
₹15,000
8 Gram
₹15,000
₹12.4 Lakhs
₹15,000
10 Gram
₹15,000
₹34.9 Lakhs
₹15,000
12 Gram (1 Tola)
₹15,000
₹75.7 Lakhs
₹15,000
22K Gold Rates Per Gram in Hyderabad
Grams
Today
Yesterday
1 Gram
₹15,000.00
₹15,000.00
8 Gram
₹15,000
₹15,000.00
10 Gram
₹15,000
₹15,000.00
12 Gram (1 Tola)
₹15,000
₹15,000.00
Factors Affecting Gold rates in Hyderabad
Gold pricing in Hyderabad is influenced by several key factors, including the international gold market and the US dollar index. The index plays a critical role as it impacts the valuation of gold in various currencies.
Additionally, inflation and interest rates are significant in shaping the fluctuations in gold prices.
The impact of global demand cannot be understated; high international demand for gold can lead to increased prices in Hyderabad as well.
Currently, the rate for 916 purity gold in Hyderabad stands at ₹43,992 for 8 grams. This figure is subject to change based on the aforementioned factors and may also differ slightly based on the gold's quality.
For those looking to invest in gold, keeping abreast of the latest gold rates in Hyderabad is crucial. Understanding these influencing factors will enable you to make well-informed investment decisions.
Gold pricing in Hyderabad is influenced by several key factors, including the international gold market and the US dollar index. The index plays a critical role as it impacts the valuation of gold in various currencies.
Additionally, inflation and interest rates are significant in shaping the fluctuations in gold prices.
The impact of global demand cannot be understated; high international demand for gold can lead to increased prices in Hyderabad as well.
Currently, the rate for 916 purity gold in Hyderabad stands at ₹43,992 for 8 grams. This figure is subject to change based on the aforementioned factors and may also differ slightly based on the gold's quality.
For those looking to invest in gold, keeping abreast of the latest gold rates in Hyderabad is crucial. Understanding these influencing factors will enable you to make well-informed investment decisions.
Historical Gold Rates in India for the Last 10 Days
DAY
22K Gold
24K Gold
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
Historical Gold Rates in India for the Last 10 Days
DAY
22K Gold
24K Gold
31 Dec 2023
₹63,305.00
0.00%
₹63,305.00
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305.90
0.00%
₹63,305.00
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
31 Dec 2023
₹63,305
0.00%
₹63,305
0.00%
How is the purity of gold calculated in Hyderabad?
The gold price and purity in Hyderabad are regulated by the Indian Bullion Association, which mandates that dealers hallmark their products to certify purity.
The pricing of gold in Hyderabad, like in other cities, is subject to the global financial market's fluctuations.
Although India does not produce its gold, which might seem like a buffer against market volatility, international market trends significantly impact the purchasing capacity of both importers and the broader consumer base.
The gold price and purity in Hyderabad are regulated by the Indian Bullion Association, which mandates that dealers hallmark their products to certify purity.
The pricing of gold in Hyderabad, like in other cities, is subject to the global financial market's fluctuations.
Although India does not produce its gold, which might seem like a buffer against market volatility, international market trends significantly impact the purchasing capacity of both importers and the broader consumer base.
Necessary Documentation for Gold Investment in Hyderabad
Documentation Needed for Investing in Gold
Purchasing Physical Gold:
When buying physical gold, such as jewelry or coins, there's no need for specific documents like a brokerage or Demat account. However, keeping the sales receipt and ensuring the gold is BIS-certified is crucial for verification purposes.
Investments Above Rs. 2 Lakhs:
For any gold purchases over Rs. 2 lakhs, including jewelry, coins, or bars, it's mandatory to present your PAN Card and a valid government-issued identification. This ID should contain your name and address and can be anything from a Voter ID and Passport to an Aadhar Card.
Digital Gold and Gold ETFs:
For those looking to invest in Digital Gold or Gold Exchange-Traded Funds (ETFs), setting up a brokerage account and a Demat account with your chosen ETF provider is essential.
Sovereign Gold Bonds (SGBs) and Digital Gold Investments:
These types of investments are known for their straightforward documentation process, which generally does not require a Demat account.
Documentation Needed for Investing in Gold
Purchasing Physical Gold:
When buying physical gold, such as jewelry or coins, there's no need for specific documents like a brokerage or Demat account. However, keeping the sales receipt and ensuring the gold is BIS-certified is crucial for verification purposes.
Investments Above Rs. 2 Lakhs:
For any gold purchases over Rs. 2 lakhs, including jewelry, coins, or bars, it's mandatory to present your PAN Card and a valid government-issued identification. This ID should contain your name and address and can be anything from a Voter ID and Passport to an Aadhar Card.
Digital Gold and Gold ETFs:
For those looking to invest in Digital Gold or Gold Exchange-Traded Funds (ETFs), setting up a brokerage account and a Demat account with your chosen ETF provider is essential.
Sovereign Gold Bonds (SGBs) and Digital Gold Investments:
These types of investments are known for their straightforward documentation process, which generally does not require a Demat account.
Gold Rates in Top cities
CITY
22K Gold
24K Gold
Delhi
₹65,000
0.00%
₹65,000
0.00%
Kolkata
₹65,000
0.00%
₹65,000
0.00%
Mumbai
₹65,000
0.00%
₹65,000
0.00%
Chennai
₹65,000
0.00%
₹65,000
0.00%
Jaipur
₹65,000
0.00%
₹65,000
0.00%
Key Factors to Consider When Purchasing Gold in Hyderabad
Gold Purity:
The purity of gold is determined by carats, with 24-carat gold being 99.9% pure and considered too soft for jewelry. Jewelry is typically made from 22-carat (92% pure), 18-carat (75% pure), and 14-carat (58.33% pure) gold. Buyers should look for BIS hallmark certification, which ensures the gold's purity and authenticity.
Making Charges:
These are the fees associated with crafting the jewelry and can vary significantly. It's advisable to compare making charges at different outlets to avoid being overcharged. Some stores offer fixed making charges, which might help in reducing the overall cost.
Jewelry Type:
With the high demand for gold, machine-made jewelry is becoming more common. It generally has lower making charges compared to handmade jewelry due to the reduced labor involved.
Weight Considerations:
Gold is priced by weight. When purchasing studded jewelry, you'll pay for both the gold and the embedded stones, which can affect the piece's resale value. It's crucial to distinguish between the weights to ensure fair pricing.
Seasonal Purchases:
Gold prices tend to rise during festivals and wedding seasons due to increased demand. Buying gold during off-peak times may allow for better deals and discounts.
Buy-Back Policies:
Most jewelers offer the option to trade old pieces for new ones. Since design trends change, this option allows you to keep your collection contemporary. Inquire about the store's buy-back policy when making a purchase.
Choice of Jeweler:
Opt for reputable, branded stores over smaller, unverified shops to reduce the risk of purchasing impure gold, which can diminish its value. Branded stores often provide guarantees and repair services for the jewelry sold.
Gold Purity:
The purity of gold is determined by carats, with 24-carat gold being 99.9% pure and considered too soft for jewelry. Jewelry is typically made from 22-carat (92% pure), 18-carat (75% pure), and 14-carat (58.33% pure) gold. Buyers should look for BIS hallmark certification, which ensures the gold's purity and authenticity.
Making Charges:
These are the fees associated with crafting the jewelry and can vary significantly. It's advisable to compare making charges at different outlets to avoid being overcharged. Some stores offer fixed making charges, which might help in reducing the overall cost.
Jewelry Type:
With the high demand for gold, machine-made jewelry is becoming more common. It generally has lower making charges compared to handmade jewelry due to the reduced labor involved.
Weight Considerations:
Gold is priced by weight. When purchasing studded jewelry, you'll pay for both the gold and the embedded stones, which can affect the piece's resale value. It's crucial to distinguish between the weights to ensure fair pricing.
Seasonal Purchases:
Gold prices tend to rise during festivals and wedding seasons due to increased demand. Buying gold during off-peak times may allow for better deals and discounts.
Buy-Back Policies:
Most jewelers offer the option to trade old pieces for new ones. Since design trends change, this option allows you to keep your collection contemporary. Inquire about the store's buy-back policy when making a purchase.
Choice of Jeweler:
Opt for reputable, branded stores over smaller, unverified shops to reduce the risk of purchasing impure gold, which can diminish its value. Branded stores often provide guarantees and repair services for the jewelry sold.
FAQs on Gold Rates in Hyderabad
What is the current live gold price in Hyderabad?
The live gold price in Hyderabad fluctuates daily based on international market trends and the US dollar index. Please check a reliable financial news source or local jeweler for the most current rate.
How often do gold prices change in Hyderabad?
Gold prices in Hyderabad can change multiple times a day, reflecting global market dynamics, currency fluctuations, and changes in demand and supply.
What factors influence the gold price in Hyderabad?
The gold price in Hyderabad is influenced by the US dollar index, international gold rates, inflation, interest rates, and global demand for gold.
Where can I find the most accurate and up-to-date gold price in Hyderabad?
Accurate and current gold prices can be found on reputable financial websites, apps that track gold prices, or directly from established jewelers in Hyderabad.
Does the gold price vary based on its purity in Hyderabad?
Yes, the price of gold in Hyderabad varies based on its purity, with 24-carat gold being the most expensive due to its high purity level, followed by 22-carat, 18-carat, and so on.
What is the current live gold price in Hyderabad?
The live gold price in Hyderabad fluctuates daily based on international market trends and the US dollar index. Please check a reliable financial news source or local jeweler for the most current rate.
How often do gold prices change in Hyderabad?
Gold prices in Hyderabad can change multiple times a day, reflecting global market dynamics, currency fluctuations, and changes in demand and supply.
What factors influence the gold price in Hyderabad?
The gold price in Hyderabad is influenced by the US dollar index, international gold rates, inflation, interest rates, and global demand for gold.
Where can I find the most accurate and up-to-date gold price in Hyderabad?
Accurate and current gold prices can be found on reputable financial websites, apps that track gold prices, or directly from established jewelers in Hyderabad.
Does the gold price vary based on its purity in Hyderabad?
Yes, the price of gold in Hyderabad varies based on its purity, with 24-carat gold being the most expensive due to its high purity level, followed by 22-carat, 18-carat, and so on.
Gold Rates in Top cities
City
22k Gold
24k Gold
Delhi
₹15,000.00
₹15,000.00
₹15,000.00
₹15,000.00
Kolkota
₹15,000
₹15,000.00
₹15,000.00
Mumbai
₹15,000
₹15,000.00
Chennai
₹15,000
₹15,000.00
Jaipur
₹15,000
₹15,000.00
Author
Harish Malhi
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