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Today Gold Rates In Hyderabad

25 Jan 2021

gold rate

22 Carat Gold

₹4420

(Per Gram)

gold rate

24 Carat Gold

₹4727

(Per Gram)

22 Carat & 24 Carat Gold Rates In Hyderabad Per Gram (INR)

TodayYesterdayChange(%)
22 Carat442044200.00%
24 Carat472747270.00%

Today 24 Carat Gold Price In Hyderabad (INR)

Gram24 Carat Gold Yesterday24 Carat Gold TodayDaily Price
1 GRAM472747270.00%
8 GRAM37816378160.00%
10 GRAM47270472700.00%
100 GRAM472700047270000.00%

Today 22 Carat Gold Price In Hyderabad (INR)

Gram22 Carat Gold Yesterday22 Carat Gold TodayDaily Price
1 GRAM442044200.00%
8 GRAM35360353600.00%
10 GRAM44200442000.00%
100 GRAM442000044200000.00%

22 & 24 Carat Gold Rates In Hyderabad for Last 90 Days

DateStandard Gold - 22 KPure Gold - 24 K
1 gram8 grams1 gram8 grams
2021-01-254,42035,3604,72737,816
2021-01-244,42035,3604,72737,816
2021-01-234,42035,3604,72737,816
2021-01-224,42035,3604,72737,816
2021-01-214,42035,3604,72737,816
2021-01-204,42035,3604,72737,816
2021-01-194,42035,3604,72737,816
2021-01-184,42035,3604,72737,816
2021-01-174,41835,3444,72537,800
2021-01-164,42235,3764,73037,840
2021-01-154,46835,7444,77838,224
2021-01-144,48035,8404,79138,328
2021-01-134,45535,6404,76538,120
2021-01-124,48735,8964,79938,392
2021-01-114,48535,8804,79738,376
2021-01-104,48535,8804,79738,376
2021-01-094,46335,7044,77338,184
2021-01-084,65437,2324,97739,816
2021-01-074,61936,9524,94039,520
2021-01-064,71937,7525,04740,376
2021-01-054,69037,5205,01640,128
2021-01-044,58636,6884,90539,240
2021-01-034,58636,6884,90539,240
2021-01-024,58636,6884,90539,240
2021-01-014,57336,5844,89039,120
2020-12-314,57636,6084,89439,152
2020-12-304,56036,4804,87739,016
2020-12-294,56036,4804,87739,016
2020-12-284,55736,4564,87438,992
2020-12-274,55436,4324,87138,968
2020-12-264,55436,4324,87138,968
2020-12-254,56936,5524,88639,088
2020-12-244,57036,5604,88839,104
2020-12-234,55236,4164,86838,944
2020-12-224,58836,7044,90739,256
2020-12-214,57736,6164,89639,168
2020-12-204,57736,6164,89639,168
2020-12-194,57536,6004,89439,152
2020-12-184,57936,6324,89739,176
2020-12-174,51736,1364,83138,648
2020-12-164,49835,9844,81138,488
2020-12-154,44835,5844,75738,056
2020-12-144,48435,8724,79638,368
2020-12-134,48435,8724,79638,368
2020-12-124,48635,8884,79838,384
2020-12-114,46935,7524,78038,240
2020-12-104,46135,6884,77238,176
2020-12-094,56136,4884,87939,032
2020-12-084,54336,3444,85938,872
2020-12-074,48735,8964,79938,392
2020-12-064,48735,8964,79938,392
2020-12-054,47535,8004,78738,296
2020-12-044,48735,8964,79938,392
2020-12-034,45535,6404,76538,120
2020-12-024,40835,2644,71537,720
2020-12-014,35334,8244,65637,248
2020-11-304,32934,6324,63037,040
2020-11-034,58536,6804,90439,230
2020-11-024,55436,4294,87038,962
2020-11-014,55836,4614,87538,996
2020-10-314,55836,4684,87539,003
2020-10-304,52236,1734,83638,687
2020-10-294,52936,2334,84438,752
2020-10-284,57936,6304,89739,177
2020-10-274,57736,6164,89539,161
2020-10-264,56536,5194,88239,057
2020-10-254,56536,5194,88239,057
2020-10-244,56836,5424,88539,083
2020-10-234,56136,4884,87839,025
2020-10-224,60436,8284,92439,388
2020-10-214,56336,5024,88039,039
2020-10-204,53936,3134,85538,837
2020-10-194,53536,2794,85038,801
2020-10-184,53536,2794,85038,801
2020-10-174,54336,3474,85938,874
2020-10-164,55136,4044,86738,935
2020-10-154,53536,2774,85038,799
2020-10-144,52136,1724,83638,686
2020-10-134,58336,6654,90239,214
2020-10-124,57936,6304,89739,176
2020-10-114,57936,6304,89739,176
2020-10-104,57436,5904,89239,134
2020-10-094,51136,0924,82538,601
2020-10-084,49635,9694,80938,469
2020-10-074,54036,3164,85538,841
2020-10-064,55036,3994,86638,929
2020-10-054,52836,2264,84338,745
2020-10-044,52836,2264,84338,745
2020-10-034,53436,2754,85038,796
2020-10-024,54836,3884,86538,917
2020-10-014,52136,1704,83638,685
2020-09-304,54736,3734,86338,902
2020-09-294,51336,1014,82638,610
2020-09-284,46035,6784,77038,158
2020-09-274,46035,6784,77038,158
2020-09-264,47035,7584,78138,244
2020-09-254,46735,7354,77738,220
2020-09-244,45935,6724,76938,152
2020-09-234,55236,4164,86838,948
2020-09-224,58836,7074,90739,258
2020-09-214,66137,2844,98539,876
2020-09-204,66737,3404,99239,935
2020-09-194,66737,3404,99239,935
2020-09-184,66037,2824,98439,874
2020-09-174,66537,3234,99039,918
2020-09-164,68237,4535,00740,056
2020-09-154,68037,4415,00540,043
2020-09-144,65237,2134,97539,800
2020-09-134,63537,0824,95739,659
2020-09-124,63537,0824,95739,659
2020-09-114,65737,2544,98039,844
2020-09-104,63837,1064,96139,686
2020-09-094,62436,9904,94539,561
2020-09-084,60636,8504,92639,411
2020-09-074,62236,9724,94339,542
2020-09-064,60436,8344,92439,394
2020-09-054,60436,8344,92439,394
2020-09-044,62837,0254,95039,598
2020-09-034,63537,0814,95739,659
2020-09-024,66837,3464,99339,942
2020-09-014,71437,7135,04240,335
2020-08-314,68937,5095,01540,116
2020-08-304,67137,3694,99639,966
2020-08-294,67137,3694,99639,966
2020-08-284,64337,1454,96639,727
2020-08-274,69437,5485,02040,158
2020-08-264,65637,2484,98039,838
2020-08-254,66537,3204,98939,914
2020-08-244,71337,7065,04140,327
2020-08-234,72637,8105,05540,439
2020-08-224,72637,8105,05540,439
2020-08-214,73837,9055,06840,540
2020-08-204,73637,8875,06540,521
2020-08-194,84038,7195,17641,411
2020-08-184,84438,7535,18141,447
2020-08-174,71937,7535,04740,378
2020-08-164,73237,8525,06040,483
2020-08-154,73237,8525,06040,483
2020-08-144,75038,0025,08140,644
2020-08-134,70937,6725,03640,291
2020-08-124,58936,7164,90839,263
2020-08-114,92039,3645,26342,100
2020-08-104,95339,6255,29742,380
2020-08-094,96439,7135,30942,473
2020-08-084,96439,7135,30942,474
2020-08-075,03740,2955,38743,096
2020-08-064,96339,7075,30842,467
2020-08-054,91939,3555,26142,091
2020-08-044,82638,6055,16141,289
2020-08-034,80238,4155,13641,085
2020-08-024,81338,5025,14741,179
2020-08-014,81338,5025,14741,179
2020-07-314,77738,2125,10940,869
2020-07-304,77638,2095,10840,865
2020-07-294,76538,1175,09640,766
2020-07-284,79238,3365,12541,001
2020-07-274,63337,0634,95539,639
2020-07-264,62036,9574,94139,526
2020-07-254,62036,9574,94139,526
2020-07-244,59636,7694,91639,325
2020-07-234,52936,2324,84438,751
2020-07-224,50136,0084,81438,512
2020-07-214,41535,3194,72237,774
2020-07-194,40735,2584,71437,710
2020-07-184,40735,2584,71437,710
2020-07-174,39435,1504,69937,594
2020-07-164,42435,3964,73237,857
2020-07-154,42135,3694,72937,828
2020-07-144,40835,2624,71437,713
2020-07-134,39935,1914,70537,637
2020-07-124,39835,1874,70437,633
2020-07-114,39635,1704,70237,615
2020-07-104,40135,2104,70737,657
2020-07-094,41435,3134,72137,768
2020-07-084,37034,9604,67437,390
2020-07-074,33234,6524,63337,061
2020-07-064,31134,4864,61036,883
2020-07-054,31034,4814,61036,878
2020-07-044,31034,4814,61036,878
2020-07-034,31334,5054,61336,904

From time immemorial, gold has been one of the most popular investment instruments for Indians. Even with rising prices, gold is viewed as a safe mode for investment.

Measurement of gold

The purity of gold is measured in karats, whereas the weight of gold is measured in troy ounces (1 troy ounce = 31.1034768 grams).

What is a karat?

A karat is used to denote the purity of gold. 24-karat gold is pure gold, but it is extremely malleable. Hence, it is mixed with a metal like copper or silver to make jewelry. One karat is equal to 1/24th of the whole. So, if a piece of gold is marked 18-karat, it means that it is made of 18 parts gold and 6 parts copper.

24 karat is 99.9% of gold while 22 karat is 91.6% is pure. That is why the price of 24 karat gold is higher than 22 karat gold.

Following is the fineness scale which is used while defining the purity of gold:

24 K = 99.9% Pure

22 K = 91.6% Pure

18 K = 75% Pure

14 K = 58.5% Pure

10 K = 41.7% Pure

Fun fact: Gold is extremely supple and can be manipulated accordingly. A single ounce of gold, which is about 28 grams, can be stretched into a gold thread 8 kilometers long. Now that’s a stretch! Gold threads are used in embroidery stitching and various other fields.

While the demand for gold has a role to play in its fluctuating price, there are several other factors that determine the price of gold.  Following is an overview of some of the factors that affect the price of gold in Hyderabad:

Value of the US dollar

Since gold is priced in U.S. dollars, the value of the dollar largely impacts the price of gold. A falling dollar pushes up gold prices and vice versa. Conversely, a strengthening U.S. dollar (that often comes about because of a growing U.S. economy) pushes down gold prices. Note that gold and the U.S. dollar have an inverse relationship. When the US dollar is strong, investors invest in the currency rather than in the precious metal.

Central Banks

The central banks of various countries control the money supply, oversee monetary policy and currency, set interest rates and attempt to manage inflation. Central Banks also buy gold, largely because it acts as a hedge against the US dollar (gold and the US dollar have an inverse relationship). Holding physical gold also strengthens a nation’s currency. This affects gold prices.

Supply and Demand

Simple supply-and-demand can influence physical gold prices. As with any product, increased demand along with a low supply causes the price to go up. Conversely, an overabundance of a product or service coupled with a feeble demand can cause the price to spiral down. The same principle applies to gold. Traditionally, there is a surge in gold demand during festive seasons, leading to a rise in gold prices.

Inflation

When inflation rises, the value of the currency goes down and therefore people invest in gold in order to hedge themselves from falling currency value. Hence, during times of inflation, especially over a longer period, gold becomes a valuable tool to hedge against economic uncertainties.

Fixed Deposit interest rates

When fixed deposit interest rates rise, naturally, investors flock to invest in investment instruments that yield a fixed return. This is unlike gold which does not guarantee a fixed return. So, demand takes a back seat with prices falling. Alternatively, when fixed-income investment interest rates fall, investors prefer investing in gold as an alternative investment option. Thus, the demand for gold rises, pushing up the price.

Seasonal demand 

Seasonal demand pushes the gold price higher. Again, this is related to the supply and demand principle. Traditionally, in India, the demand for gold rises during auspicious festivals, thereby pushing up the price of gold in Hyderabad.

Apart from the above-mentioned factors, when demand for gold increases in the international market, the price of gold naturally increases in Hyderabad too. It is important to note that gold prices can also vary across different states in India. This is due to the transportation cost associated with importing and transport of gold. Again, demand and supply influence the price of domestic gold.

Why do gold prices in Hyderabad differ from other cities?

India is one of the largest importers of gold in the world. Gold is a precious commodity in Hyderabad that is imported from overseas. Cities that have ports have the chance of accessing gold much quicker. Due to the number of logistics involved, gold prices may vary from state to state and in different cities.

Buy gold in Hyderabad

Gold is one of the most sought-after commodities in India, especially during festive seasons, when jewelers announce discounts and sales. Gold holds an important part in Indian culture, which is why it is much sought after.

Commonly, gold is bought as a form of investment due to its ever-increasing price. Following are some of the factors to keep in mind if you're looking to buy gold in Hyderabad.

The purity of gold: The first thing to keep in mind is the purity—measured in karats—of gold. 24 karat is 99.9% of pure gold while 22 karat is 91.6% pure. Following is the fineness scale which is used while defining the purity of gold:

24 K = 99.9% Pure

22 K = 91.6% Pure

18 K = 75% Pure

14 K = 58.5% Pure

10 K = 41.7% Pure

Understand the Hallmarking of Gold: While buying gold, it is important to understand how hallmarking works. The Bureau of Indian Standards (BIS) operates a hallmarking scheme, whereby representatives visit jewelers and assess their gold quality. If the gold meets the required quality, the jeweler is granted a license. Only jewelers granted a licensee can get their gold jewelry assayed and hallmarked for purity by BIS-recognized Assaying and Hallmarking Centers in India.

Check the price of Gold: India is one of the largest importers of gold in the world. All gold supplies are imported from overseas. This means the price of gold in Hyderabad is greatly influenced by the international market and currency fluctuations. Before buying gold, always check the per gram price on a reputed website like CreditMantri. It is important to note that the price of gold fluctuates on a daily basis.

Disclaimer: The information on the prices of the gold rate is merely indicative and is susceptible to change with market value and is provided on an as-is basis. The information contained here is not intended as investment advice. CreditMantri is in no way responsible for any loss arising from the use of data contained on this website.

Frequently Asked Questions: Gold Rates in Hyderabad Today

1. What is the difference between 22K and 24K gold jewelry?

The “K” stands for karat, which represents the purity of gold. Because pure gold is very malleable, jewelers mix it with other metals like silver or copper to make it more durable and harder. The higher the karat number, the higher the percentage of pure gold in the jewelry. 22K is 91.6 % pure gold while 24K is 99.9 % pure gold. The higher the karat, the higher the cost.

2. Which gold is better to buy, 22 karats or 24 karats?

24 K is the purest form of gold. 24 K is expensive than 22 K gold, as well as extremely pliable. Hence, if you are buying gold jewelry, 22 K is preferred by many as it lasts longer for jewelry.

3. What are the taxes when buying gold jewelry in Hyderabad?

With the introduction of Goods and Services Tax (GST) in India, the customer is required to pay 3% on the value of the gold jewelry. This is applicable where the jeweler includes the overall cost of the gold jewelry, including making costs. If the jeweler is charging you separately for making charges, then you need to pay 5% on the making charges.

4. Where can I get a regular update on gold rates in Hyderabad?

You can check online portals such as CreditMantri for the latest gold prices in Hyderabad.

5. How long does Hallmarking of gold take?

It may take approximately five to six hours to get the purity of gold checked. Once the purity of gold is established, it is hallmarked.

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