Gold, silver rates today highlights: Gold prices in Hyderabad have dropped sharply, with 24-carat gold at Rs 15,442 per gram, driven by a stronger US dollar and global trends after recent record highs. 22-carat gold is priced at Rs 14,155 per gram, down Rs 460. The cost of 10 grams has dropped by Rs 4,600 to Rs 1,41,550.
Gold prices in Hyderabad have dropped sharply, with 24-carat gold at Rs 15,442 per gram, driven by a stronger US dollar and global trends after recent record highs.
In Hyderabad’s bullion market, as of 5 pm on Thursday, the price of 24-carat gold fell to rs 15,442 per gram—down Rs 502 compared to the previous close. The price of 10 grams now stands at Rs 1,54,420, marking a sharp drop of Rs 5,020.
22-carat gold is priced at Rs 14,155 per gram, down Rs 460. The cost of 10 grams has dropped by Rs 4,600 to Rs 1,41,550. Meanwhile, 18-carat gold has seen a decline of Rs 3,760, with 10 grams now priced at Rs 1,15,820.
International trends are playing a key role in the price correction. In global markets, gold is currently trading below $4,800 per ounce. After hitting peak levels earlier, prices have begun to cool off. Experts point to the stronger US dollar as the main reason, as gold typically weakens when the dollar gains strength.
Just last month, gold prices touched historic highs. At one point, 10 grams of 24-carat gold surged close to Rs 1.80 lakh. From that peak, prices have now dropped by nearly Rs 30,000—a significant correction that offers some relief to buyers.
Hyderabad’s gold market remains active, with buyers and traders closely tracking daily price movements. Despite market ups and downs, gold continues to be seen as a safe long-term investment. With inflation, economic uncertainty, and volatility in play, many investors still trust gold to retain its value—making it a preferred choice for long-term wealth protection.
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