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Hyderabad Gold Prices Plummet: Is It Time to Buy or Will They Drop Further? Current Rates Revealed
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Gold Prices Plunge in Hyderabad: Buy Now or Wait? Experts Advise on Dip Strategy
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News18
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17-03-2026, 04:42
Gold Prices Plunge in Hyderabad: Buy Now or Wait? Experts Advise on Dip Strategy
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Gold prices in Hyderabad have seen a sharp, fourth consecutive fall, with 24-carat gold dropping over Rs. 5,550 per 10 grams in four days.
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24-carat gold is now Rs. 1,57,420 per 10 grams, 22-carat at Rs. 1,44,300, and 18-carat at Rs. 1,18,070 in Hyderabad.
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Silver also decreased by Rs. 4,000 per kg, now trading at Rs. 2,76,000 per kg in the Hyderabad bullion market.
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Factors like a strengthening US dollar, rising bond yields, and easing West Asia tensions are contributing to the price drop.
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Experts suggest buying gold on dips, as further significant falls are uncertain despite the current downward trend.
Read Full Article on News18 in Telugu
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