Gold Prices Plummet in Hyderabad: Big Relief for Buyers, Silver Also Crashes

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News18•17-02-2026, 04:11
Gold Prices Plummet in Hyderabad: Big Relief for Buyers, Silver Also Crashes
- •Gold prices in Hyderabad saw a significant drop, with 24-carat gold decreasing by Rs. 1,310 per 10 grams.
- •22-carat gold for jewelry fell by Rs. 1,200 per 10 grams, and 18-carat gold by Rs. 980 per 10 grams.
- •Silver prices crashed by Rs. 25,000 per kilogram, now trading at Rs. 2,65,000.
- •The drop is attributed to international market developments, profit booking by investors, and a rising Dollar Index.
- •Experts suggest this is a good opportunity for buyers during the wedding season but advise staying updated due to market volatility.
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