Hyderabad: Gold prices in Hyderabad surged sharply on Monday with an increase of up to ₹2,200 per 100 grams in the local bullion market. The rise follows two days of no change in prices last week.
Table of Contents
The price hike reflects a similar uptrend in the global gold market, while silver prices have seen a slight decline.
Latest Gold Rates in Hyderabad (May 5, 2025
- 24 Carat Gold: ₹9,573 per gram or ₹95,730 per 10 grams
- 22 Carat Gold: ₹8,775 per gram or ₹87,750 per 10 grams
- 18 Carat Gold: ₹7,180 per gram or ₹71,800 per 10 grams
Also Read: Hyderabad’s GHMC Approves Major Infrastructure Projects to Boost Connectivity and Sustainability
Prices of 100 grams also jumped:
- 24 Carat: ₹2,200 up to ₹9,57,300
- 22 Carat: ₹2,000 up to ₹8,77,500
- 18 Carat: ₹1,600 up to ₹7,18,000
Silver Rates in Hyderabad Today
Unlike gold, silver prices dropped slightly in the local market:
- ₹108 per gram
- ₹1,08,000 per kilogram
Gold Rates in Other Cities (May 5)
Here’s how gold prices are performing in five other major Indian cities:
| City | 24K Gold/g | 22K Gold/g | 18K Gold/g |
|---|---|---|---|
| Bengaluru | ₹9,573 | ₹8,775 | ₹7,180 |
| Chennai | ₹9,573 | ₹8,775 | ₹7,250 |
| Guwahati | ₹9,573 | ₹8,775 | ₹7,180 |
| New Delhi | ₹9,588 | ₹8,790 | ₹7,192 |
| Indore | ₹9,578 | ₹8,780 | ₹7,184 |
Gold Futures Surge on MCX
Gold prices are also rising in the futures market:
- MCX June contract is trading at ₹93,111 per 10 grams, up by ₹480
- The all-time high for gold on MCX is ₹99,358 per 10 grams
In contrast, silver futures for May delivery dropped by ₹160, trading at ₹93,130 per kilogram.