Sudden Gold Price Drop Delights Summer Buyers

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Gold Prices Plummet: Summer Relief for Buyers Amid Wedding Season

Gold Prices Plummet: Summer Relief for Buyers Amid Wedding Season

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News18•04-03-2026, 05:17

Gold Prices Plummet: Summer Relief for Buyers Amid Wedding Season

•Gold prices have significantly dropped over the past two days, bringing relief to buyers during the ongoing wedding season.
•International factors like a strengthening dollar and rising US bond yields are influencing the current decline in gold rates.
•In Hyderabad, 10 grams of 24-carat gold is Rs. 1,67,620, 22-carat is Rs. 1,53,650, and 18-carat is Rs. 1,25,720.
•Silver prices are stable at Rs. 3,150 per 10 grams after a recent drop, influenced by industrial and solar sector demand.
•Experts recommend 22-carat gold for jewelry; long-term, gold prices are expected to rise, making it a good investment.

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Gold Prices Soar in Hyderabad: 24K Crosses Rs 1.57 Lakh Mark Amid Wedding Season

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If you have one tola of gold, how much loan will a bank grant? This is strictly governed by RBI regulations. According to these rules, banks provide only a certain percentage of the gold’s value as a loan, known as the Loan-to-Value (LTV) ratio. Currently, banks offer up to 85 per cent of the value for smaller amounts (up to Rs. 2.5 lakh). For amounts between Rs. 2.5 lakh and Rs. 5 lakh, they provide 80 per cent. For larger sums, the maximum is 75 per cent.

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আরও সস্তা হল সোনা!

Gold Prices Drop: Is Now the Time to Buy? Unpack Your Potential Gains Today!