Hyderabad Gold Rates: Sharp Decline in Gold Prices This Week

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Gold Prices Plummet Last Week Despite Middle East Tensions; Hyderabad Rates Revealed

Gold Prices Plummet Last Week Despite Middle East Tensions; Hyderabad Rates Revealed

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News18•09-03-2026, 04:40

Gold Prices Plummet Last Week Despite Middle East Tensions; Hyderabad Rates Revealed

•Gold prices saw a significant drop last week, despite a slight rise on Saturday.
•Prices fell over ₹10,000 for five consecutive days after sharp rises on Feb 28 and Mar 1.
•In Hyderabad, 10 grams of 24-carat gold is ₹1,63,640; 22-carat is ₹1,50,000.
•Silver prices are stable in Hyderabad at ₹2,90,000 per kg, after a rally since last October.
•Middle East tensions persist with US/Israel attacks on Iran; crude oil at $80, potentially driving gold demand.

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