Hyderabad, the land of Nizams, shares a long intimate history with gold. People here have a special affinity for gold jewellery and ornaments. The gold rates here depend on many domestic as well as international factors including inflation, global policies, central bank gold reserve, seasonal demand, etc. Today Gold rate in Hyderabad is ₹ 63,820 per 10 grams for 24 Carat and ₹ 58,500 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 6,382 | - ₹ 27 |
8 grams
|
₹ 51,056 | - ₹ 216 |
10 grams
|
₹ 63,820 | - ₹ 270 |
100 grams
|
₹ 6,38,200 | - ₹ 2,700 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram
|
₹ 5,850 | - ₹ 25 |
8 grams
|
₹ 46,800 | - ₹ 200 |
10 grams
|
₹ 58,500 | - ₹ 250 |
100 grams
|
₹ 5,85,000 | - ₹ 2,500 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
03 January 2024
|
₹ 63,820 | ₹ 58,500 | -0.43% |
02 January 2024
|
₹ 64,090 | ₹ 58,750 | +0.34% |
01 January 2024
|
₹ 63,870 | ₹ 58,550 | 0% |
31 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
30 December 2023
|
₹ 63,870 | ₹ 58,550 | 0% |
29 December 2023
|
₹ 63,870 | ₹ 58,550 | -0.59% |
28 December 2023
|
₹ 64,250 | ₹ 58,900 | +0.68% |
27 December 2023
|
₹ 63,820 | ₹ 58,500 | +0.17% |
26 December 2023
|
₹ 63,710 | ₹ 58,400 | +0.34% |
25 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
24 December 2023
|
₹ 63,490 | ₹ 58,200 | 0% |
23 December 2023
|
₹ 63,490 | ₹ 58,200 | +0.34% |
22 December 2023
|
₹ 63,230 | ₹ 58,000 | +0.43% |
21 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
20 December 2023
|
₹ 63,000 | ₹ 57,750 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st February rate | ₹ | ₹ 778 |
29th February rate | ₹ | ₹ 757 |
Highest rate in February | ₹ on 1st January 1970 | ₹ 780 on 1st February 2024 |
Lowest rate in February | ₹ on 1st January 1970 | ₹ on 4th February 2024 |
Over all performance | Falling | Falling |
% change | -2.70% | -2.70% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st January rate | ₹ | ₹ 800 |
31st January rate | ₹ | ₹ 780 |
Highest rate in January | ₹ 58,750 on 2nd January 2024 | ₹ 64,090 on 2nd January 2024 |
Lowest rate in January | ₹ 58,500 on 3rd January 2024 | ₹ on 4th January 2024 |
Over all performance | Falling | Falling |
% change | -2.50% | -2.50% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st December rate | ₹ | ₹ 825 |
31st December rate | ₹ | ₹ 800 |
Highest rate in December | ₹ 58,900 on 28th December 2023 | ₹ 64,250 on 28th December 2023 |
Lowest rate in December | ₹ 56,650 on 13th December 2023 | ₹ on 9th December 2023 |
Over all performance | Falling | Falling |
% change | -3.03% | -3.03% |
Hyderabad, the land of Nizams, shares a long intimate history with gold. People here have a special affinity for gold jewellery and ornaments, which reflects in the sky-rocketing gold purchases each year during festivals and weddings. Many also donate this precious metal in temples in these seasons and during religious ceremonies.
Besides this cultural significance, investors resort to gold for fixed income securities and equities. Unarguably, this yellow metal serves as a portfolio diversifier and a safe investment tool for the long run. Interestingly, the gold prices in Hyderabad are directly influenced by the global gold rates. Other international factors include global production, strength of currency, fluctuating rates of interest, crude oil prices, and international trade policies.
Besides, state taxes, octroi, seasonal demand, Central Bank gold reserves add to the change in the billing structure of gold. Nonetheless, the gold trade continues with fervour in this Biryani haven.
The city is also catching up slowly with the trend of investing in digital gold. Some of the popular investment options include ETFs, gold funds, gold futures, sovereign gold bonds, and gold mutual funds.
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