0% found this document useful (0 votes)
28 views1 page

Todays Gold Rate in Hyderabad, 18, 22 & 24 Carat Gold Price On 23rd Apr 2024 - Goodreturns

As of April 23, 2024, the gold rates in Hyderabad are ₹6,615 per gram for 22K gold and ₹7,216 per gram for 24K gold, reflecting a decrease from the previous day. The document also outlines various factors influencing gold prices, including global market trends and local demand, particularly during festive seasons. Additionally, it provides insights into different gold purities, methods of purchasing gold, and investment options available in Hyderabad.

Uploaded by

tempk68
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
28 views1 page

Todays Gold Rate in Hyderabad, 18, 22 & 24 Carat Gold Price On 23rd Apr 2024 - Goodreturns

As of April 23, 2024, the gold rates in Hyderabad are ₹6,615 per gram for 22K gold and ₹7,216 per gram for 24K gold, reflecting a decrease from the previous day. The document also outlines various factors influencing gold prices, including global market trends and local demand, particularly during festive seasons. Additionally, it provides insights into different gold purities, methods of purchasing gold, and investment options available in Hyderabad.

Uploaded by

tempk68
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Sensex 73,738.45 0.12% Nifty 22,368 0.

14% 22k Go

Gold Rates

Gold Rate in Hyderabad


23rd April 2024

Gold Hyderabad

22K Gold /g 24K Gold /g 18K Go

₹ 6,615 ₹ 7,216 ₹ 5,412


-140 -153 -115

The price of gold in Hyderabad today is ₹ 6,615


per gram for 22 karat gold and ₹ 7,216 per gram
for 24 karat gold (also called 999 gold).

ADVERTISEMENT

Today 22 Carat Gold Price Per Gram in


Hyderabad (INR)

Gram Today Yesterday Change

1 ₹ 6,615 ₹ 6,755 - 140

8 ₹ 52,920 ₹ 54,040 -1,120

10 ₹ 66,150 ₹ 67,550 -1,400

100 ₹ 6,61,500 ₹ 6,75,500 -14,000

Today 24 Carat Gold Rate Per Gram in


Hyderabad (INR)

Gram Today Yesterday Change

1 ₹ 7,216 ₹ 7,369 -153

8 ₹ 57,728 ₹ 58,952 -1,224

10 ₹ 72,160 ₹ 73,690 -1,530

100 ₹ 7,21,600 ₹ 7,36,900 -15,300

ADVERTISEMENT

Learn more

Today 18 Carat Gold Rate Per Gram in


Hyderabad (INR)

Gram Today Yesterday Change

1 ₹ 5,412 ₹ 5,527 -115

8 ₹ 43,296 ₹ 44,216 -920

10 ₹ 54,120 ₹ 55,270 -1,150

100 ₹ 5,41,200 ₹ 5,52,700 -11,500

* The above gold rates are indicative and do not include GST,
Select Language
TCS and other levies. For the exact rates contact your local
jeweller.

News
The gold rates in Hyderabad depends on the
global gold rates, which are affected by many
Personal Finance
international factors including inflation, change in
global prices, central bank gold reserve,
fluctuating rates of interest, jewelry markets. We
Classroom
have given gold rates today in Hyderabad for
our valuable readers. We hope you find the
Jewellers
updated rates really useful.

Mutual Funds

Gold Rate in Hyderabad for Last 10 Days (1


Aadhar
gram)

Date 22K 24K


PAN Card

Apr 23, 2024 ₹ 6,615 (-140) ₹ 7,216 (-153)

PIN Code
Apr 22, 2024 ₹ 6,755 (-50) ₹ 7,369 (-55)

Apr 21, 2024 ₹ 6,805 (0) ₹ 7,424 (0)


Stocks
Apr 20, 2024 ₹ 6,805 (-10) ₹ 7,424 (-10)

Company
Apr 19, 2024 ₹ 6,815 (+50) ₹ 7,434 (+54)

Apr 18, 2024 ₹ 6,765 (-30) ₹ 7,380 (-33)


Banking
Apr 17, 2024 ₹ 6,795 (0) ₹ 7,413 (0)

Apr 16,Tax
Income 2024 ₹ 6,795 (+90)
Calculator ₹ 7,413 (+98)

Apr 15, 2024 ₹ 6,705 (+55) ₹ 7,315 (+60)


Bank Holidays
Apr 14, 2024 ₹ 6,650 (0) ₹ 7,255 (0)

IFSC Code

You May Also Like


Currency

Gold Rates

Silver Rates

Platinum Price

Petrol Price

Compare Average Gold Rate in Hyderabad for


Diesel
22K Price
& 24K (1 gram)

Term 22K 24K


LPG Price
10 Days ₹ 6,741 ₹ 7,354

Fuel Price
20 Days ₹ 6,648 ₹ 7,252

30 Days ₹ 6,510 ₹ 7,102


Crude Oil Price
60 Days ₹ 6,241 ₹ 6,809

CNG Price
90 Days ₹ 6,085 ₹ 6,639

180 Days ₹ 5,912 ₹ 6,449


Autogas Price
1 Year ₹ 5,707 ₹ 6,225

2 Years
CNG Stations ₹ 5,320 ₹ 5,803

3 Years ₹ 5,062 ₹ 5,522


Toll Plaza
4 Years ₹ 4,952 ₹ 5,400

5 Years ₹ 4,710 ₹ 5,136


FASTag
6 Years ₹ 4,455 ₹ 4,848

Billionaires
7 Years ₹ 4,243 ₹ 4,616

8 Years ₹ 4,102 ₹ 4,457


Saving Schemes

ADVERTISEMENT
CSC Locator
Learn more

Gratuity Calculator

Calculator

Videos

DOWNLOAD APP INSTALL

Weekly & Monthly Graph of Gold Price in


Hyderabad

1M 3M 6M 1Y

From 23. Mar To 23. Apr

72.5k

70k

67.5k

65k
25. Mar 1. Apr 8. Apr 15. Apr 22. Apr

Jul '23 Jan '24

ADVERTISEMENT

Historical Price of Gold Rate in Hyderabad

Gold Price in April 2024

Gold Rates 22K 24K

1st April ₹ 6,360 ₹ 6,938

23th April ₹ 6,615 ₹ 7,216

Highest rate in ₹ 6,815 on ₹ 7,434 on


April April 19 April 19

Lowest rate in ₹ 6,335 on ₹ 6,911 on


April April 2 April 2

Over all
Rising Rising
performance

% Change +4.01% +4.01%

Gold Price in March 2024

Gold Price in February 2024

Gold Price in January 2024

Gold Price in December 2023

Gold Price in November 2023

Gold Price in October 2023

On this page

Today 22 Carat Gold Price Per Gram in


Hyderabad (INR)

Today 24 Carat Gold Rate Per Gram in


Hyderabad (INR)

Gold Rate in Hyderabad for Last 10 Days


(1 gram)

Weekly & Monthly Graph of Gold Price in


Hyderabad

See More

Where to buy gold in Hyderabad?

In Hyderabad, the precious metal is sold as


jewelry and coins. The ornament metal is mainly
used for individual consumption, and it has more
demand during the marriage, festivals, special
occasions. Panjagutta, in Hyderabad, is one of
the locations where most of the popular jewelry
outlets are located.

It is also viewed as a form of investment and is


invested for short and long period. Gold is also
considered as a mode of investment. The
investor can sell the gold at any point in time,
and the return on investment is guaranteed and
reliable.

Gold in India tracks international gold prices,


while the other two variables remain the rupee
rates against the dollar and import duties levied
by the government of India. Some of the well
known famous jewelry brands have a presence
in the city of pearls. The top jewelry houses in
the town are Jagadamba Pearls, Krishna Pearls
& Jewelers, Manepally Jewelers, More Jewelers,
Tibarumal Jewels, Shree Jewelers, Shri Ram
Jewelers, Mangatrai Pearls & Jewelers and so
on.

Things to look for when buying gold in


Hyderabad
Quality – The quality of the gold is the crucial
factor that a buyer has to see for before investing
in the precious metal.

ADVERTISEMENT

There are various ways to test the quality of the


gold.
Price – The price also plays an essential factor
before purchasing the yellow metal. The buyer
can compare the costs of the gold at different
jewelry shops in the city of Hyderabad. Usually,
the making charges of the ornaments differ from
one shop to another one thus adding an edge to
the final price of the product.
Weight – One has to check the weight of the
jewelry piece before purchase. The stones like
emeralds, ruby, diamonds, the pearl will also be
included while pricing the ornament. The prices
of the stones too are charged on par with the
value of gold per gram which will increase the
final cost of the jewelry piece. So one has to
clarify if the rate of the stones is separately
charged, or it is priced along with the jewelry.
Special Occasions – If we look at the trend in
the prices of gold during recent past, we can
observe that the price of gold will raise during
festive and marriage season. The prices will see
an upward trend during festivities as more people
will throng the jewelry shops to buy gold.
Investment – In India, people have the habit of
investing in gold. Gold is seen as an asset, which
is passed on from one generation to another.
This tradition is witnessed since time
immemorial. One aspect that has to be given
importance is that the gold which we are buying
today will last for generations to come, and
hence plan carefully.
The Purity Factor of gold – Karat is the term
used to measure the purity or gold content. It is
referred to as “K.” There are different karats of
gold available in the market they are 14 karats,
18 karats, 22 karats and 24 karats.

ADVERTISEMENT

24 karat gold is considered as the purest form of


gold, and it is likely to cost more compared to
other karats.
Certification – The government of India has
identified Bureau of Indian Standards (BIS) as a
sole agency to certify and authenticate gold in
India. The BIS hallmark is a mark of conformity
which is widely accepted as it bestows the
additional confidence to the consumer on the
purity of gold jewelry.

Techniques that check purity of Gold

Gold is the most valuable of all elements. Gold Is


very soft when it is in a pure state. Gold is
measured in karats which has "K" as a symbol.
These Karats (K) tells us how much amount of
gold is present in the metal alloy. Gold is
calculated in 22karats and 24 karats. Here the
gold is 100 per cent in 24 karats without alloy
metal and 22 karats 91.7 per cent of gold with
alloy metal. But nothing is less than 20k in the
Indian market. There are different types of gold
can be available they are yellow gold, rose gold.

Gold is yellow when pure, and the intensity of


yellow color depends on some other elements
alloyed with it. The higher the karat weight, more
intense is the color. Rose Gold is another popular
colored gold used in jewels. The pinkish gold can
be owed to a larger proportion of copper in the
gold alloy, making it more durable
simultaneously. There are different ways to check
the purity of gold but the general method that
knows to is the Acid test.

This test is the cheapest method used to check


gold. It comes with black stone and with different
acids. If a drop of acid is placed on gold and it
reacts then the purity of gold is lesser than the
karats mentioned in the acid solution bottle.

ADVERTISEMENT

The other method to check the purity of gold is


electronic gold testers. With this device we can
check the purity of gold, and even the metal is
gold or not. The next one is X-ray fluorescence
spectrometers (XRF) and this method tells
accuracy of gold surely, but it costs high. We can
purify the gold through mobile applications like
Gold Test + Prices Free, Gold Density, Metal
Detector.

Investment in Gold

Since time immemorial, people consider gold as


an asset which is not only passed on from one
generation to another, but it is also used as
security during the financial emergency situation.
People start investing in gold in various forms,
prominent among them are as follows.

Jewelry: Hyderabad, the capital city of


Telangana has biggest gold jewelry buyers in
South India.

Coins: People buy gold coins as a part of


investment purpose. The gold coins are available
in different weights and karats.

Bullions: Investors also purchase bullions which


are in the form of bars or ingots. The value is
determined by the weight and cost of the
precious metals.

Commodity Exchange: Gold is traded as a


commodity for a variable time duration in Multi
commodity exchange (MCX), National Spot
Exchange limited or in the National Commodity &
Derivatives Exchange (NCDEX).

How do gold traders assume future gold


rates in Hyderabad?

There is no equation or formula which gives the


probable gold rates in Hyderabad. There are a
number of reasons which affects the gold rates in
Hyderabad. But few investors buy and sell gold
in Hyderabad depending upon the moment in
following factors.

1. Gold related News

Everyday there will be some or other news


regarding gold, which you can follow on
goodreturns.in.

ADVERTISEMENT

For example gold goes down due to firm US


Dollar or sometimes due to weak global cues or
sometimes Gold up is due to feeble US Dollar.
There will be some or other news which help the
investors to buy or sell gold. Like when the gold
prices in Hyderabad or down the investors start
investing in gold and will sell the gold whenever
the gold rates in Hyderabad goes high.
2. Silver rate in Hyderabad

There will be some relation between metals not


only silver all the metals. One can also follow
silver rates in Hyderabad on goodreturns.in. Few
Investors follow all precious metals rates to
assume the future moment of gold rates in
Hyderabad.

3. Exchange rates of Indian Rupee

The market includes rupee rates, gold rates,


stock prices and etc. All these are interrelated in
some or other way. So the exchange rates of
Indian rupee with other currencies will also affect
gold rates in Hyderabad.

Not only these market moment also plays a key


role in gold price moment in hyderabad. But most
of the investors follow above parameters to
assume gold rates in Hyderabad.

What are different types of purities of


gold available in Hyderabad?

The gold which we see or purchase in the


Hyderabad gold market is mixed or combined
with some other metals like copper, nickel, silver,
palladium, and zinc. The least or cheapest gold
alloyed with silver & copper is called pink gold.

When rose gold combined with either silver or


copper, the resultant is green gold. White gold is
the combined form of palladium, nickel & zinc,
which is costlier. The yellow gold is alloyed or
mixed with silver, copper, and zinc.

The carats defines the purity of gold as to how


much of gold is exactly alloyed.

ADVERTISEMENT

Different types of purities of gold available in


Hyderabad are:
24 carats -99.9%; 23 carats -95.6%; 22 carats
-91.6%; 21 carats -87.5%; 18 carats -75.0%; 17
carats -70.8%; 14 carats -58.5%; 10 carats
-41.7%; 9 carats -37.5%; 8 carats -33.3%.

Methods to buy gold in Hyderabad

Once you check the live gold rates in


Hyderabad for 22 karats and 24 karats, it is
time to buy gold in Hyderabad. You can buy gold
in a number of ways in Hyderabad. The most
popular of course is the physical gold, where you
can go ahead and buy 22 karats and 24 karats
gold. The other mechanism for buying gold is the
coins and bars. You can buy gold through the
futures and options mechanism as well from
Multi Commodity Exchange, also called MCX. On
this exchange, you receive gold in the form of 22
karats and 24 karats. Once you purchase gold in
Hyderabad through this mechanism, it is
important that you square up your position. This
is because in the futures market you cannot take
physical delivery of shares, but need to settle the
position. There are other mechanisms where you
can buy gold and these include the sovereign
gold bonds, gold coins etc. You can choose the

You might also like