Gold Rates Drop Again in Hyderabad – See Full Price List

Gold prices in Hyderabad recorded a downward movement on Wednesday, with rates falling across 24K, 22K, and 18K purity levels.

According to local jewellers and price trackers, the rate of 24-carat gold dropped to Rs 9,928 per gram, a decline of Rs 49 from Tuesday’s figure of Rs 9,977. For 10 grams, the new price stood at Rs 99,280. Meanwhile, the 22-carat variant slipped by Rs 45 to Rs 9,100 per gram. The 18-carat gold rate was also revised down by Rs 37 to Rs 7,446 per gram.

Price Summary – July 16 vs July 15 (Per Gram):

* 24K: Rs 9,928 vs Rs 9,977 (↓ Rs 49)

* 22K: Rs 9,100 vs Rs 9,145 (↓ Rs 45)

* 18K: Rs 7,446 vs Rs 7,483 (↓ Rs 37)

For larger quantities:

* 100 grams of 24K now costs Rs 9,92,800, down Rs 4,900 from the previous day.

* 100 grams of 22K is priced at Rs 9,10,000, marking a drop of Rs 4,500.

* 100 grams of 18K stands at Rs 7,44,600, showing a decline of Rs 3,700.

Gold has shown marginal fluctuations throughout July. The 24K gold hit its highest rate of Rs 9,988 per gram on July 14 and the lowest at Rs 9,818 on July 9. A similar trend was seen in 22K prices, ranging from Rs 9,000 to Rs 9,155 in the same span.

July Performance So Far:

* Opening (July 1): Rs 9,840 (24K), Rs 9,020 (22K)

* Today (July 16): Rs 9,928 (24K), Rs 9,100 (22K)

* Highest (July 14): Rs 9,988 (24K), Rs 9,155 (22K)

* Lowest (July 9): Rs 9,818 (24K), Rs 9,000 (22K)

* Change: +0.89 per cent increase across both categories

Long-Term Price Averages (1 gram):

* 10-Day Avg: Rs 9,910 (24K), Rs 9,084 (22K)

* 30-Day Avg: Rs 9,921 (24K), Rs 9,094 (22K)

* 1-Year Avg: Rs 8,453 (24K), Rs 7,748 (22K)

* 5-Year Avg: Rs 6,119 (24K), Rs 5,609 (22K)

Prices do not include applicable GST, TCS, or additional charges. For precise rates, buyers should contact local jewellers.