Today Gold Rate in Hyderabad is ₹ 56,950 (24 Carat) and ₹ 52,200 (22 Carat) (17-01-2023)
Gold rate refers to the price of gold at a given time, typically measured in units such as grams or troy ounces. The price of gold fluctuates based on various factors such as supply and demand, interest rates, geopolitical events, and other economic factors. Gold is often used as a store of value and a hedge against inflation, and it is also widely used in jewelry and other decorative items. The gold rate can vary depending on the purity of gold and the location of the market where it is being traded. It is generally measured in troy ounce in international market, and in grams in local market.
Today’s gold rate in Hyderabad refers to the current price of gold in the city of Hyderabad. The price of gold is affected by various factors such as demand, supply and other economic factors. In Hyderabad, gold is primarily purchased as ornaments and jewelry and it is also traded as a commodity on exchanges like the National Commodity and Derivatives Exchange (NCDEX).
The gold rate can vary depending on the purity of gold, and it’s measured in rupees per gram or per 10 grams.