Gold rates today, 05 February 2022: Gold rates today in Hyderabad, Bangalore, Kerala, and Visakhapatnam have been stable. The gold rates seems to be not following the particular trend these days. However, as the wedding season is fast approaching, there could be a demand for gold and prices likely to increase.
Going by the rates today, the Gold rates in Bangalore city for 10 grams of 22-carat is at Rs. 45,100 and the gold rate of 10 grams of 24-carat is at Rs. 49,200. The gold rates in Hyderabad are holding at Rs 45,100 per 10 gram of 22 carat and 10 grams of 24-carat gold is at Rs. 49,200.
Gold rates in Kerala per 10 gram of 22-carat are at Rs. 45,100 and the gold rate of 10 grams of 24 carats is at Rs. 49,200. The gold rates in Visakhapatnam followed the same trends with Rs. 45,100 per 10 gram of 22 carats and 10 grams of 24 carat gold is at Rs. 49,200. On the other hand, silver rates in Hyderabad, Kerala and Visakhapatnam per one kilogram have been at Rs. 65,100 and at Bangalore, the silver rates closed at Rs 65,100.
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Investment in gold in Hyderabad
While investing in gold in Hyderabad, there is a slight hesitation about buying gold, pearls, or precious jewellery. However, the people of Hyderabad can opt for the jewellery of various designs in myriad colours, 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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