Gold Prices Drop Sharply – Hyderabad Buyers Rush to Purchase
Hyderabad, 24 July – (www.deccanlive.com): Gold prices, which had been rising since the beginning of the week, saw a big drop on Thursday, encouraging many people to start shopping.
For 22-carat gold, prices dropped by ₹12,500 per 100 grams compared to yesterday. In major cities, the new retail rates are:
- Chennai, Mumbai, Kolkata, Bengaluru, Kerala, Pune: ₹9,255 per gram
- Delhi, Lucknow, Jaipur, Ayodhya, Noida, Gurugram: ₹9,270 per gram
- Ahmedabad, Vadodara: Around ₹9,260 per gram
For 24-carat gold, prices dropped by ₹13,600 per 100 grams. The new prices are:
- Chennai, Mumbai, Kolkata, Bengaluru, Kerala, Pune: ₹10,097 per gram
- Delhi, Lucknow, Jaipur, Ayodhya, Noida, Gurugram: ₹10,112 per gram
- Ahmedabad, Vadodara: Around ₹10,102 per gram
In Telangana and Andhra Pradesh (Hyderabad, Karimnagar, Warangal, Vijayawada, Nellore, Tirupati, Kakinada):
- 22-carat gold: ₹92,550 per tola
- 24-carat gold: ₹1,00,970 per tola
Silver prices are also high, at ₹1,28,000 per kg in both states.
