Gold Prices Plummet: Hyderabad to Visakhapatnam Sees Massive Drop, 10 Tolas Silver Free!

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News18•15-02-2026, 16:53
Gold Prices Plummet: Hyderabad to Visakhapatnam Sees Massive Drop, 10 Tolas Silver Free!
- •Gold prices have seen a significant drop in February, offering relief to buyers, especially with the wedding season beginning.
- •24-carat gold fell by approximately Rs. 21,000 per 10 grams from January 29 to February 15, with 22-carat and 18-carat gold also seeing substantial reductions.
- •The price drop is attributed to investors taking profits, strengthening US dollar, reduced market uncertainty post-Union Budget 2026, and easing geopolitical tensions.
- •This reduction is equivalent to getting almost 10 tolas of silver free, making it an opportune time for purchases.
- •Experts suggest current prices are suitable for buying, with similar drops observed across major cities like Hyderabad and Vijayawada.
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