Gold Prices Edge Up Again in Hyderabad — What Buyers Need to Know Today

Hyderabad: Gold prices witnessed a slight upward trend in Hyderabad today, with both 22-carat and 24-carat gold rates rising by ₹10 per 10 grams. This marks a steady shift after weeks of fluctuations during the recent wedding season.

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Today’s Gold Rates in Hyderabad

• 22-Carat Gold (10 grams): ₹90,210 (↑ ₹10)
• 24-Carat Gold (10 grams): ₹98,410 (↑ ₹10)

These prices are based on the closing rates from July 1 and are typically updated at 8 AM daily. Gold buyers are advised to track live price changes as fluctuations occur frequently throughout the day.

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Recent Trends in Gold Prices

Gold prices in the international market have been volatile in recent weeks. During the recent wedding season, rates experienced a dip and hovered around:

• ₹90,000 for 10 grams of 24-carat gold
• ₹1,00,000 for 10 grams of 22-carat gold

Despite the drop, gold continues to remain a safe and reliable investment for many Indians.

Also Read: Aadhaar Mandatory for New PAN Card Applications from July 1: CBDT, Here’s What You Need to Know

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Where to Buy Gold in Hyderabad?

Panjagutta remains the go-to destination for gold buyers in Hyderabad, with numerous reputed jewellery outlets offering a wide range of options. Gold is not just valued for its cultural and ornamental significance but is also a popular investment asset.

Buyers prefer gold due to its liquidity and stable returns. Gold can be sold anytime with predictable returns, and the prices in India are largely influenced by:

• Global gold rates
• Rupee to Dollar exchange rate
• Import duties imposed by the Indian Government

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Final Note for Buyers

As the market remains sensitive to global and domestic factors, gold buyers should monitor real-time rates and consider timing before making large purchases or investments. While today’s change is modest, such shifts can add up significantly over time for bulk buyers and investors.