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Today’s Gold Rate in Hyderabad

Gold Price in Hyderabad

Last Updated 21st Sep 2020

The gold price in Hyderabad for 22-carat gold is ₹ 49,590 and for 24-carat gold is ₹ 54,070.

Gold Price 24 Carat Gold – ₹ per 10 grams 22 Carat Gold – ₹ per 10 grams
Today 54,070 49,590
Gold Rate Hyderabad Sep 2020
Highest Rate 54,200 49,720
Lowest Rate 53,200 48,770
Average Rate 53,598 49,139

Gold Price Today in Hyderabad

Gold holds a special place in Indian households due to the fact that it is both auspicious when it comes to cultural connotations but also holds a great investment portfolio. Thereby it is largely consumed across the country, including Hyderabad. No matter what the situation of the economy is, gold consumption never stops and thereby is important to be informed of the changing gold rates in Hyderabad. The gold rates in Hyderabad are dependent on various factors such as inflation, demand and supply of gold, international relations or rupee-dollar equation. The gold price in Hyderabad today is ₹ 49,590 for 22-carat gold, whereas for 24-carat gold it is ₹ 54,070.

Historical Price of Gold Rate in Hyderabad

24 Carat Gold Price in Hyderabad 2020

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
September 2020
53,200 54,200
August 2020
53,580 59,130
July 2020
50,620 55,820
June 2020
47,230 50,660
May 2020
46,200 49,160
April 2020
43,080 47,190
March 2020
41,920 46,160
February 2020
41,880 44,700
January 2020
40,720 42,860

24 Carat Gold Price in Hyderabad 2019

Months Lowest Price 24 Carat Gold – ₹ per 10 grams Highest Price 24 Carat Gold – ₹ per 10 grams
December 2019
39,180 40,690
November 2019
39,390 40,410
October 2019
38,670 40,230
September 2019
39,040 41,070
August 2019
36,170 40,560
July 2019
34,300 36,660
June 2019
32,430 36,090
May 2019
31,700 32,520
April 2019
31,950 32,340
March 2019
32,250 36,090
February 2019
32,570 34,090
January 2019
32,060 33,660

22 Carat Gold Price in Hyderabad 2020

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
September 2020 48,770 49,720
August 2020 49,120 54,200
July 2020 46,100 51,250
June 2020 44,270 46,450
May 2020 43,410 45,920
April 2020 39,440 44,740
March 2020 38,340 42,310
February 2020 38,380 41,000
January 2020 37,320 39,270

22 Carat Gold Price in Hyderabad 2019

Months Lowest Price 22 Carat Gold – ₹ per 10 grams Highest Price 22 Carat Gold – ₹ per 10 grams
December 2019 35,910 37,300
November 2019 36,110 37,050
October 2019 35,450 36,880
September 2019 35,790 37,680
August 2019 33,160 37,180
July 2019 32,140 33,690
June 2019 30,650 33,090
May 2019 29,920 30,740
April 2019 30,170 30,560
March 2019 30,470 33,090
February 2019 30,790 32,290
January 2019 30,180 40,430

From where to buy gold jewellery in Hyderabad

When buying gold in Hyderabad, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Hyderabad for buying gold jewellery are Shri Ganesh Jewellers, Agarwal Gems and Pearls, Jagdamba Pearls, Manoj Jewellers and Mangaldeep Jewellers. Other large Stores that sell certified and hallmark jewellery in Hyderabad are Reliance Gems and Jewels, Krishna Pearls and Jewellery and Chandubhai's Hallmark Jewellers.

List of banks providing gold loan in Hyderabad

Customers who own gold jewellery can always approach a bank or a gold loan company to get a loan against jewellery to meet any urgent personal or business expense. Some of the large banks and gold loan NBFCs in Hyderabad that provide loan against gold jewellery are:

About Hyderabad

Hyderabad is known as one of the most populated cities in India. This historic city is known for its empathy towards gold and gold products. Gold rates in Hyderabad are affected by a wide range of international factors such as global production, strength of currency, prevailing market conditions, prices of other commodities etc. Gold in Hyderabad is generally purchased by individuals both in the form of jewellery as well as avenue of investment.

FAQs

What is the gold price in Hyderabad for 916 hallmark gold?

The gold price in Hyderabad for 916 hallmark gold is ₹ 49,590. The 916 KDM gold price is same as 22-carat hallmark gold.

What is the price of 1 gram gold in Hyderabad today?

The price of 1 gm gold in Hyderabad today is ₹ 5,407 for 24 carats of gold and ₹ 49,590 for 22 carats gold. 

What is the rate of 23-carat gold in Hyderabad?

The rate of hallmark gold of 23-carat in Hyderabad is ₹ 54,070.

How is today’s gold rate in Hyderabad 916 determined?

The gold rates in Hyderabad is determined based on various factors such as the interest rates in the developed countries, demand for gold wherein a lower demand for gold leads to low prices and higher demand leads to high prices. Further, the gold price in Hyderabad is also affected by Government policies related to tariffs on gold, and the tariffs charged by the Local Governments.

What is the important checklist for buying gold in Hyderabad?

Checklist for buying gold in Hyderabad involves being mindful of the following things:

  • Check the gold price per gram: Checking out the gold price per gram is important, as you won’t end up paying more than the actual price. However, check the price from an authentic and reliable source.
  • Know about different purity levels: Before buying gold, it is important that the gold buyer is aware of different purity levels in gold, such as 24 carats or 100% gold, and 22 carats or 91.6% gold. Research about the purity level and pre deicide the level you wish to for based on factors like price and usage of gold.
  • Ensure certification: Ensuring the certification of gold is the most important aspect to check the quality and purity of gold. Ensure that you buy hallmark gold or the gold with the BIS mark.
  • Be aware of the buy-back terms: Lastly, be aware of the lender’s buy-back policy that is the terms on the exchange of gold years later. Know whether the seller will obtain the gold at the same price or whether any cost-cutting is involved.
  • Collect bill: Most importantly, after buying the gold, do not forget to collect a bill form the seller. Collecting the bill will allow you to take actions if the gold is impure or lacks in quality as promised by the seller.

*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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