Gold prices today, 01 August 2022: Gold rates today in Hyderabad, Bangalore, Kerala, and Visakhapatnam are stable. Going by the rates today, the Gold price in Bangalore city for 10 grams of 22-carat is Rs. 47,200 and the gold rate of 10 grams of 24-carat is Rs. 51,490. The gold rates in Hyderabad are holding at Rs 47,200 per 10 gram of 22 carats and 10 grams of 24-carat gold is at Rs.51,490
Gold rates in Kerala per 10 gram of 22-carat are at Rs. 47,200 and the gold rate of 10 grams of 24 carats is at Rs. 51,490. The gold rates in Visakhapatnam are at Rs. 47,200 per 10 grams of 22 carats and 10 grams of 24-carat gold is at Rs. 51,490.
On the other hand, silver rates in Hyderabad, Kerala, and Visakhapatnam per one kilogram have been at Rs. 63,700, and in Bangalore also, the silver rates closed at Rs. 63,700.
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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. 47,200 Rs. 51,490 Rs. 63,700
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Bangalore Rs. 47,200 Rs. 51,490 Rs. 63,700
Kerala Rs. 47,200 Rs. 51,490 Rs. 63,700
Visakhapatnam Rs. 47,200 Rs. 51,490 Rs. 63,700
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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 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.
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