Gold prices today, 05 August 2022: Gold rates today in Hyderabad, Bangalore, Kerala, and Visakhapatnam have surged. Going by the prices today, the Gold rates in Bangalore city for 10 grams of 22-carat is at Rs. 47,500 with a hike of Rs. 350 and the gold rate of 10 grams of 24-carat is at Rs. 51,820 with a fall of Rs. 380.
The gold rates in Hyderabad are held at Rs 47,500 per 10 gram of 22 carats with a hike of Rs. 350 and 10 grams of 24-carat gold is at Rs.51,820 with a hike of Rs. 380.
Gold rates in Kerala per 10 gram of 22-carat are at Rs. 47,500 and the gold rate of 10 grams of 24 carats is Rs. 51,820. The gold prices in Visakhapatnam are at Rs. 47,500 per 10 gram of 22 carats with a hike of Rs. 350 and 10 grams of 24-carat gold is at Rs. 51,820 with a fall of Rs. 380.
On the other hand, silver prices in Hyderabad, Kerala, and Visakhapatnam per one kilogram have been at Rs. 63,200, and in Bangalore also, the silver prices closed at Rs. 63,200.
Gold rates across the major cities Hyderabad, Bangalore, Kerala, and Visakhapatnam
City 22-carat gold 10 gms 24 carats 10gms gold silver per 1 kg
Hyderabad Rs. 47,500 Rs. 51,820 Rs. 63,200
Bangalore Rs. 47,500 Rs. 51,820 Rs. 63,200
Kerala Rs. 47,500 Rs. 51,820 Rs. 63,200
Visakhapatnam Rs. 47,500 Rs. 51,820 Rs. 63,200
Investment in gold in Hyderabad
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 the jewelry of various designs in myriad colors, followed by Bars and coins where there could be a good margin. On the other hand, the people who have budget constraints can opt for periodic investments by going on an installment basis for 11 months.
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