Gold Rates Hikes on 15 January 2023

The Gold rate in Bangalore city for 10 grams of 22-carat is Rs. 52,000 and the gold rate for 10 grams of 24-carat is Rs. 56,730. The gold rates in Hyderabad are holding at Rs 52,000 per 10 grams of 22-carat with a hike of Rs. 400 and 10 grams of 24-carat gold is at Rs. 56,730.

Gold rates in Kerala per 10 grams of 22-carat are at Rs. 52,000 and the gold rate of 10 grams of 24 carats is Rs. 56,730 The gold rates in Visakhapatnam are at Rs. 52,000 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 56,730.

While investing in gold in Hyderabad, there is a slight hesitation about buying gold, pearls, or precious jewelry. However, the people of Hyderabad can opt for jewelry of various designs in myriad colors, followed by Bars and coins where there could be a good margin. On the other hand, people who have budget constraints can opt for periodic investments by going on an installment basis for 11 months.

The gold rates in Delhi for 10 grams of 22-carat have remained at Rs. 48,010 and that of 10 grams of 24-carat gold is at 52,370. The gold rate in Chennai per 10 grams of 22 carats is Rs 48,400 and the gold rate for 24-carat is Rs. 52,800.

The gold and silver rates mentioned here are due at 8 am and continue to fluctuate every day. Bullion market experts say there are many reasons for the gold rate to fluctuate, such as the change in international market currency prices, inflation, gold reserves at central banks, their interest rates, the jewelry market, geographical tensions, trade wars, and many other factors are said to impact the gold rate. The gold rates have been decreasing as the Federal Reserve hinted over the rise in interest rates.

Next Story:

Now you can get the latest stories from Hydnow every day. Click the link to subscribe. Click to follow Hydnow’s Facebook page and Twitter and Instagram