Silver Rate in Hyderabad

The silver price in Hyderabad is primarily dependent on local demand, though external factors such as the U.S. dollar rate, global economic climate etc. also influence rates. While predominantly used for industrial purposes, the precious metal is also sought after by the retail sector, where it is bought as jewellery. A more comprehensive guide to silver rate in Hyderabad along with daily rates for both 1 gram as well as 1 kg of silver can be found below.
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  • Today's Silver Rate in Hyderabad( 05 Apr 2020 )

    ₹ 40.5
    Today's Silver Rate per gram

    Compare Silver Rate In Hyderabad (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 40.5 ₹ 40.5 ₹ 0 ↑
    Bar Silver (1 Kg) ₹ 40,500 ₹ 40,500 ₹ 0 ↑

    Silver Price In Hyderabad For Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    05 Apr 2020 ₹ 40.5 ₹ 40,500
    04 Apr 2020 ₹ 40.5 ₹ 40,500
    03 Apr 2020 ₹ 40.5 ₹ 40,500
    02 Apr 2020 ₹ 40.5 ₹ 40,500
    01 Apr 2020 ₹ 40.5 ₹ 40,500
    31 Mar 2020 ₹ 40.5 ₹ 40,500
    30 Mar 2020 ₹ 40.5 ₹ 40,500
    29 Mar 2020 ₹ 40.5 ₹ 40,500
    28 Mar 2020 ₹ 40.5 ₹ 40,500
    27 Mar 2020 ₹ 40.5 ₹ 40,500

    Weekly & Monthly Graph of Silver Rate in Hyderabad

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    • 3 Months
    • 6 Months

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Silver Price in Hyderabad

    Silver has been a constant commodity in this historic city. Hyderabad is one of the major cities in the South, and boasts of a large and upwardly mobile middle-class population. The city has some of the best sites dating back to centuries and has been a preferred destination for a wide range of tourists and commercial interests alike. Silver rate in Hyderabad follow the trend of international prices, albeit with the addition of a few local dynamics which also affect silver rates in the city.

    Silver is an intrinsic part of the culture of Hyderabad. The city boasts of a substantial reserve of silver, which is mainly held by private dealers. The city also has a robust precious metals market that offers a range of products and some of the best workmanship in the country.

    What is the Silver Rate in Hyderabad ?

    Silver Rate in Hyderabad on 05 Apr 2020 for 1 gram silver is 40.50 Indian Rupee & for 1 Kg silver is 40,500 Indian Rupee.

    Trend of Silver Rate in Hyderabad for March 2020 (rates per kg)

    Parameters Silver Price (per kg
    March 1 Rate Rs.47,400 per kg
    March 31 Rate Rs.40,500 per kg
    Highest Rate in March Rs.50,700 per kg on 6 March
    Lowest Rate in March Rs.37,800 per kg on 19 March
    Overall Monthly Performance Decline
    Percentage Change -14.5%

    Trend of Silver Rate in Hyderabad for February 2020 (rates per kg)

    Parameters Silver Price (per kg)
    February 1 Rate Rs.50,300 per kg
    February 29 Rate Rs.47,400 per kg
    Highest Rate in February Rs.52,900 per kg on 24 February
    Lowest Rate in February Rs.47,400 per kg on 29 February
    Overall Monthly Performance Decline
    Percentage Change -5.76%
    • Silver prices in Hyderabad opened the first week of the month at Rs.50,300 per kg and showed continuous fluctuating trends throughout the month. After decreasing to Rs.49,700 per kg by 7 February due to China liquidating funds to help stabilise their economy after it was hit majorly due to the outbreak of the Coronavirus. Investors briefly shifted to the stock markets amidst high-risk appetite in the first week.
    • There were minor fluctuations in the second week of the month with regard to silver prices. The metal was priced at Rs.49,800 per kg on 11 February and dipped to Rs.49,600 per kg by 14 February. With the number of deaths increased due to the virus outbreak all over the world, safe-haven buying of the metal had increased, however, a strong dollar value in the market held gold and silver prices at bay, near the one-week high.
    • The price of the white metal recorded highs in the third week of the month with major countries reporting an outbreak of the virus at one time along with the number of deaths as well. The metal opened the third week at Rs.50,000 per kg on 15 February and by 20 February, silver had already increased by more than Rs.2,000 per kg. On 20 February, the precious metal was priced at Rs.52,100 per kg.
    • Silver, in the last week of February, had shown fluctuating prices increasing in the first half of the week. By 24 February, the price of the metal had increased to Rs.52,900 per kg. However, due to the price increase and its fluctuating trends, investors took to profit booking on the bullion market. Due to this, the price of metal decreased extensively. At the end of the month, silver was priced at its lowest at Rs.47,400 per kg on 29 February with a percentage decline of 5.76.

    Trend of Silver Rate in Hyderabad for January 2020 (rates per kg)

    Parameters Silver Price (per kg)
    January 1 Rate Rs.50,300 per kg
    January 31 Rate Rs.50,200 per kg
    Highest Rate in January Rs.52,600 per kg on 8 January
    Lowest Rate in January Rs.49,200 per kg on 30 January
    Overall Monthly Performance Decline
    Percentage Change -0.19%
    • In Hyderabad, the prices of silver fluctuated throughout the month of January. Overall, silver prices saw a decline of 0.19%.
    • The prices of silver in Hyderabad opened at Rs.50,300 per kg on 1 January 2020 and closed at Rs.50,200 per kg on 31 January 2020.
    • The main reasons for the fluctuation in the prices of silver were the weak US dollar, trade talk concerns between China and the US, Middle East tensions, and the coronavirus.
    • Silver hits its highest rate on 8 January 2020 and touched Rs.52,600 for a kg. On 30 January, silver hit its lowest rate and touched Rs.49,200 for a kg.

    Trend of Silver Rate in Hyderabad for December 2019 (rates per kg)

    Parameters Silver Price (per kg)
    December 1 Rate Rs.48,100 per kg
    December 31 Rate Rs.50,900 per kg
    Highest Rate in December Rs.50,900 per kg on 31 December
    Lowest Rate in December Rs.46,400 per kg on 10 December
    Overall Monthly Performance Incline
    Percentage Change 5.82%
    • Silver rate in Hyderabad saw an overall gain of 5.82% for the month of December.
    • Silver price in Hyderabad opened at Rs.48,100 for a kg. However, the prices of silver dropped from 2 December 2019 to 11 December due to positive trade talks between the US and China. Silver prices hit its lowest for the month on 10 December 2019 and touched Rs.46,400 for a kg.
    • The prices of silver increased gradually from 12 December 2019 due to the impeachment of the US President and the trade deal concerns.
    • The prices of silver hit its highest rate on the last day of the month and touched Rs.50,900 for a kg.

    Trend of Silver Rate in Hyderabad for November 2019 (rates per kg)

    Parameters Silver Price (per kg)
    November 1 Rate Rs.50,500 per kg
    November 30 Rate Rs.48,100 per kg
    Highest Rate in November Rs.50,700 per kg on 2 and 3 November
    Lowest Rate in November Rs.47,200 per kg on 9 and 10 November
    Overall Monthly Performance Decline
    Percentage Change -4.75%
    • Silver rate in Hyderabad opened at Rs.50,500 per kg at the beginning of the month of November. The price was mainly affected by the US Federal Reserve interest rate cut.
    • The price of silver in Hyderabad increased further on the 2nd day of the month wherein it stood at Rs.50,700 per kg. This was the highest recorded price of the metal for the month of November. The main reason behind the rise in the price of the metal was the trade war between the US and China. The lowest recorded rate of silver for the month of November was Rs.47,200 per kg on the 9th and 10th of November.
    • The overall performance of silver price in Hyderabad declined by –4.75%. On the last day of the month of November (i.e. on the 30th of November) the price of silver stood at Rs.48,100 per kg.

    Trend of Silver Rate in Hyderabad for October 2019 (rates per kg)

    Parameters Silver Price (per kg)
    October 1 Rate Rs.47,400 per kg
    October 31 Rate Rs.50,000 per kg
    Highest Rate in October Rs.50,400 per kg on 26 and 27 October
    Lowest Rate in October Rs.47,400 per kg on 1 October
    Overall Monthly Performance Incline
    Percentage Change 5.4%
    • Silver rate Hyderabad was at Rs.47,400 per kg on 1 October. The dip in rates came as the dollar rose with the US economy growing stronger while at the same time lowered interest in the white metal as a safe investment with the US-China trade war continuing. This was also the lowest rate in October.
    • Silver price Hyderabad rose to its highest by the end of the month, at Rs.50,400 per kg, just as tensions between US and China eased as the dollar capped strong gains as well.
    • The end of the month saw a steady 5.4% incline in silver rates as the dollar weakened after interest rates were cut by the Federal Reserve. This was with the caveat that further rate cuts would be paused riding on hopes of a truce in the US-China trade war which led to the incline in silver prices by month end.

    Trend of Silver Rate in Hyderabad for September 2019 (rates per kg)

    Parameters Silver Price (per kg)
    September 1 Rate Rs.51,600 per kg
    September 30 Rate Rs.48,500per kg
    Highest Rate in September Rs.55,200 per kg on 4 September
    Lowest Rate in September Rs.48,500 per kg on 30 September
    Overall Monthly Performance Decline
    Percentage Change -6%
    • Silver rate in Hyderabad traded at Rs.51,600 per kg on 1 September on steady industrial demand, though a stable U.S. dollar capped gains from increased industrial interest.
    • A rise in tensions in the Middle East and weak markets due to economic uncertainty as a result of the U.S.-China trade conflict drove up bullion demand as silver price in Hyderabad climbed to Rs.55,200 per kg on 4 September.
    • There was a momentary lull in demand as equity markets recovered and interest in safe-haven assets fell, resulting in silver prices dropped steadily despite steady industrial offtake.
    • The end of the month saw a continued fall in rates as retail demand plummeted on high import costs, with the metal ending the month at a monthly low of Rs.48,500 per kg on 30 September, with prices falling by 6% during the month.

    Trend of Silver Rate in Hyderabad for August 2019 (rates per kg)

    Parameters Silver Price (per kg)
    August 1 Rate Rs.44,100 per kg
    August 31 Rate Rs.51,600 per kg
    Highest Rate in August Rs.52,200 per kg on 29 August
    Lowest Rate in August Rs.44,100 per kg on 1 August
    Overall Monthly Performance Incline
    Percentage Change 17%
    • Silver rate in Hyderabad opened the month at Rs.44,100 per kg on weak retail demand but market volatility bolstered prices as the metal rose steadily.
    • An increase in tensions in the Middle East unsettled equity markets and impacted the dollar rate which resulted in investors increasing their bullion offtake, as the white metal rose to Rs.48,800 per kg on 13 August.
    • Silver price in Hyderabad remained static for a few days before dropping to Rs.47,800 per kg on 19 August on U.S. interest rate cut hopes and fears over a possible recession.
    • Despite fluctuations in overseas demand, local interest in silver remained high as industrial units and coin makers capitalized on a weak rupee, with silver price in Hyderabad rising to Rs.52,200 per kg on 29 August before settling at Rs.51,600 per kg when the month ended.

    Also Check Silver Price in Metro Cities

    Trend of Silver Rate in Hyderabad for July 2019 (rates per kg)

    Parameters Silver Price (per kg)
    July 1 Rate Rs.40,500 per kg
    July 30 Rate Rs.44,800 per kg
    Highest Rate in July Rs.44,900 per kg on 25 July
    Lowest Rate in July Rs.40,400 per kg on 2 July
    Overall Monthly Performance Incline
    Percentage Change 10.61%
    • Silver price in Hyderabad opened relatively static at Rs.40,500 per kg on declining retail demand but market volatility bolstered prices as the metal traded at Rs.40,800 per kg on 8 July.
    • An increase in tensions in the Middle East unsettled equity markets and the dollar which resulted in investors increasing their bullion offtake, as the industrial metal rose to Rs.41,300 per kg on 13 July.
    • Prices were constant for a few days before a bullion rally led to silver surging to Rs.44,500 per kg on 19 July on U.S. interest rate cut hopes and rising economic uncertainty.
    • Domestic interest in silver remained high as industrial units and coin makers capitalized on a weak rupee, with prices rising to Rs.45,900 per kg on 25 July and settling at Rs.44,800 per kg when the month ended.

    Trend of Silver Rate in Hyderabad for June 2019 (rates per kg)

    Parameters Silver Price (per kg)
    June 1 Rate Rs.39,400 per kg
    June 30 Rate Rs.40,800 per kg
    Highest Rate in June Rs.41,500 per kg on 21 June
    Lowest Rate in June Rs.39,400 per kg on 1 and 2 June
    Overall Monthly Performance Incline
    Percentage Change 3.55%
    • The month began with silver price in Hyderabad trading at Rs.39,400 per kg but a steady increase in local and industrial offtake led to prices rising to Rs.40,300 per kg on 8 June.
    • The release of U.S. jobs data momentarily boosted equity markets as the dollar also rose, but bullion demand continued to climb as the metal traded at Rs.40,100 per kg from 14-18 June.
    • Silver rate in Hyderabad jumped to Rs.41,500 per kg on 21 June as growing tensions between the U.S. and Iran led to market instability, leading to higher demand for silver. A drop in the dollar rate bolstered local retail demand.
    • A rally by equity markets and declining coin maker interest saw prices fall slightly, as the industrial metal traded at Rs.40,800 per kg when the month ended on 30 June.

    Trend of Silver Rate in Hyderabad for May 2019 (rates per kg)

    Parameters Silver Price (per kg)
    May 1 Rate Rs.40,500 per kg
    May 31 Rate Rs.39,400 per kg
    Highest Rate in May Rs.40,500 per kg on 1 and 2 May
    Lowest Rate in May Rs.39,200 per kg from 20-22 May
    Overall Monthly Performance Decline
    Percentage Change -2.71%
    • Silver price in Hyderabad opened relatively stable at Rs.40,500 per kg but a reduction in overseas interest resulted in prices sliding for the rest of the month.
    • Silver rate in Hyderabad fell to Rs.40,300 per kg on 7 May as a recovering U.S. dollar made the metal more expensive for local buyers, with prices dropping to Rs.40,000 per kg on 13 May.
    • Retail demand fell steeply as the weak rupee and rising equity markets deterred local demand, with the metal trading at Rs.39,500 per kg on 18 May.
    • Coin makers also reduced offtake due to rising import costs, though industrial demand remained constant and prevented prices from dropping too steeply. Despite this silver rates in Hyderabad fell to Rs.39,400 per kg when the month ended.

    Trend of Silver Rate in Hyderabad for April 2019 (rates per kg)

    Parameters Silver Price (per kg)
    April 1 Rate Rs.40,600 per kg
    April 30 Rate Rs.40,500 per kg
    Highest Rate in April Rs.41,000 per kg on 1 April
    Lowest Rate in April Rs.40,200 per kg on 15 and 24 April
    Overall Monthly Performance Decline
    Percentage Change -0.24%
    • The silver rate in Hyderabad at the start of the month of April stood at Rs.40,600 per kg. The price remained stagnant from the end of the previous month.
    • As the local and industrial demand for the white metal rose amid a repressed dollar value, the price of silver in the city too inclined and traded at Rs.41,000 per kg on 9 April.
    • Following the surge, weak economic trends prevailed, and the value of silver then plummeted to Rs.40,200 per kg on 15 April. This was the lowest price point of the metal for the month.
    • The price of the metal then never really recovered, and stood at Rs.40,200 per kg on the 24th. This was also the lowest point for the metal in the month. The metal the marginally rose to Rs.40,500 per kg at the end of the month, recording a declining percentage trend of 0.24% for the month.

    Trend of Silver Rate in Hyderabad for March 2019 (rates per kg)

    Parameters Silver Price (per kg)
    March 1 Rate Rs.42,700 per kg
    March 31 Rate Rs.40,600 per kg
    Highest Rate in March Rs.42,700 per kg on 1 March
    Lowest Rate in March Rs.40,200 per kg on 29 March
    Overall Monthly Performance Decline
    Percentage Change -4.91%
    • Silver price in Hyderabad saw some fluctuation as a rising U.S. dollar capped possible gains from steady local industrial demand after the metal traded at Rs.42,700 per kg on 1 March.
    • Silver rate in Hyderabad fell to Rs.41,500 per kg from 11-14 March as retail interest waned, with a resurgent U.S. dollar rate also capping gains which resulted in prices dropping to Rs.41,000 per kg on 17 March.
    • Despite fears of a global economic recession, silver prices dropped to Rs.40,800 per kg on 18 March before recovering briefly to trade at Rs.41,300 per kg on 24 March on a late rally by bullion.
    • Prices rose to Rs.41,400 per kg on 25 March on increased industrial offtake due to a momentary dip in the dollar rate due to renewed fears over Brexit but silver plunged to Rs.40,200 per kg on 29 March before rising marginally to close the month at Rs.40,600 per kg.

    Trend of Silver Rate in Hyderabad for February 2019 (rates per kg)

    Parameters Silver Price (per kg)
    February 1 Rate Rs.43,900 per kg
    February 28 Rate Rs.43,300 per kg
    Highest Rate in February Rs.44,100 per kg on 5 February
    Lowest Rate in February Rs.42,700 per kg on 14 February
    Overall Monthly Performance Decline
    Percentage Change -1.36%
    • On 1 February, silver traded at Rs.43,900 per kg in Hyderabad, slowly inclining to Rs.44.100 per kg on 5 February amid incline in domestic demand and overseas investor interest was high.
    • Silver price in Hyderabad declined as the US dollar appreciated which reduced local industrial offtake as prices dropped to Rs.42,700 per kg on 14 February despite constant orders from overseas market.
    • With fears over Brexit and the trade war between the US and China resulted in volatility across equity markets, investors chose safe-haven bullion prompting sliver rate in Hyderabad rising to Rs.44,000 on 20 February.
    • Declining demand from coin makers and conflicting global cues affected silver prices towards the end of the month, with overseas interest declining amid a more hawkish Federal Reserve stance as the industrial metal traded at Rs.43,300 per kg on the last day of the month.

    Trend of Silver Rate in Hyderabad for January 2019 (rates per kg)

    Parameters Silver Price (per kg)
    January 1 Rate Rs.41,500 per kg
    January 31 Rate Rs.43,900 per kg
    Highest Rate in January Rs.43,900 per kg on 30 and 31 January
    Lowest Rate in January Rs.41,400 per kg on 2 January
    Overall Monthly Performance Incline
    Percentage Change 5.78%
    Comparison for 1 gram Silver Rates for Hyderabad January'19
    • Trading opened for the month with silver trading at Rs.41,500 per kg on the 1st on account of steady demand from local industrial units and coin makers amid the firm trend overseas.
    • Silver price in Hyderabad surged to Rs.42,200 per kg on the 9th with domestic markets ramping up purchases amid the losing US dollar index. Strong trends coupled with rising demand led to silver trading at Rs.42,600 per kg on the 15th.
    • However, silver trade witnessed a slight drop in demand following a decline in Asian orders and silver rate in Hyderabad were recorded holding at Rs.41,800 per kg on the 22nd.
    • Demand for the metal surged towards the end of the month with market participants and investors gravitating towards the bullion amid the Brexit negotiations and the white metal was recorded trading at a monthly high of Rs.43,900 per kg on the 31st. Silver rates in Hyderabad surged by 5.78% during the course of the month.

    Silver as an Investment in Hyderabad

    Silver is quite popular as a form of investment in Hyderabad. A significant part of the population owns physical silver in one form or the other, and also considers it while hedging against inflation. Silver has been a mainstay in segments such as jewelries, coins, idols, artefacts etc. in the city. The following investment options are pursued by people from Hyderabad:

    Jewelries: This is the most popular commodity among the residents of Hyderabad, and also the country at large. Jewelries form the mainstay of the precious metal business in Hyderabad, and there are a lot of stores and outlets to cater to the needs of the people. Silverware and other gifting items are also commonly sold in the city.

    Coins: Silver coins are a popular commodity owing to their easy availability and liquidity options. Coins are sold by both private dealers and banks at a premium over the market rates. These are available in different purities as well as quantity of silver, making them a versatile and somewhat cheaper solution than buying bulk.

    Bullions: Bullions are sold in larger quantities, generally over 1 kg of silver per piece of the metal. Bullions are also available in various purities, and can be purchased at market rates of silver. This makes them the cheapest option among physical silver products, as per market prices. Also, customers should ensure they only approach well-respected dealers only as these deals are done for substantial amount of money and reliability becomes an issue.

    Commodity exchange: Silver is also available as a tradable commodity in exchanges such as NCDEX and MCX. These exchanges sell silver on futures contracts and are open for 6 months in a year. The base quantity is generally set at 1 kg of silver. Commodity exchanges allow customers to trade the metal without actually holding the metal in hand.

    Silver Rates in Hyderabad in 2019

    Per kg silver rate in Hyderabad at the start of 2019 was Rs.36,192. This increased to Rs.40,582 by 21st January, and stayed above Rs.37,000 for the most part of February. The first half of March saw prices declining to Rs.35,465 by 17th March, before a short recovery which brought prices to Rs.39,082 by 27th March. Prices once again stabilized at around Rs.37,000 over the course of April, before increasing demands for the metal took prices to Rs.43,566 by 18th May. Price of silver per kg in Hyderabad on 16th June was Rs.39,768.

    Also Check Silver Price in NearBy Cities of Hyderabad

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    News About Silver Rate in Hyderabad

    • Silver futures prices for the month of May increase on 1 April 2020

      Silver futures prices for the month of May on MCX increased by 0.2% and is at Rs.39,600 for a kg. In the international markets, silver futures prices decreased by 0.3% and are at $13.93 for an ounce.

      In India, trading of commodity derivatives had been reduced to 8 hours since 30 March 2020. Trading will be done from 9 am to 5 pm until 14 April 2020. Unlike silver, gold futures prices for the month of June fell by 0.6% and are at Rs.42,693 for 10 grams. Gold prices reduced for the fourth day in a row. In the global markets, spot gold prices increased by 0.4% and are at $1,577.80 for an ounce. According to various analysts, the demand for the yellow metal has been hurt because of higher rates. The gold market in China has been hurt because of the coronavirus outbreak. The demand for gold has also been hurt in India due to the lockdown. According to a note from Kotak Securities, due to the restrictions that have been imposed because of the lockdown, the demand for gold has been low. However, the brokerage further added that measures may be taken by various governments and major central banks may come out with several measures to support gold prices. Gold prices in the Indian markets are inclusive of 3% GST and 12.5% import duty.

      1 April 2020

    • Silver futures hike 1.62% taking from a affirm market trend

      The silver prices on Wednesday had risen by 1.62% to Rs.41,180 per kg in the futures trade. This was driven by participants widening all bets amidst a firm trend in the precious metal in the international market.

      When it comes to the Multi Commodity Exchange, the May white metal contracts delivery had gained by Rs.656 to Rs.41,180 per kg in 2,548 lots. The silver July delivery had been trading higher by Rs.713 (1.7%) to Rs.41,613 per kg.

      A lot of the traders had said that new bets by participants had led to this increase. When it comes to the global market, silver had been trading 2.16% higher at $14.57 per ounce.

      26 March 2020

    • Slight increase in gold prices, silver rates steady

      A slight increase was recorded in the price of gold as well as silver today. So far as the Hyderabad market was concerned, the price of 24-carat gold (10 grams) increased by Rs.10 and hit Rs.42,530. The price of 22-carat gold (10 grams) on the other hand, increased to Rs.39,990, marking an increase of Rs.1,010. The prices of both metals in cities such as Visakhapatnam as well as Vijayawada followed similar trends in the state of Andhra Pradesh. Silver prices, meanwhile, became steady across India and traded at Rs.49,000 per kilogram. The capital of the country, Delhi, also experienced a rise in gold prices albeit by just Rs.10. Thanks to this recent increase, 24-carat gold (10 grams) was trading at Rs.40,710. 22-carat gold (10 grams) on the other hand, remained unchanged at Rs.39,510. The price of silver in the national capital remained steady at Rs.49,000 per kilogram.

      10 February 2020

    • Silver rates in Hyderabad and other cities decline

      A downward trend was recorded in gold prices yesterday. The price of silver also fell in all the big cities in India. The value of 24-carat gold (10 grams) in Hyderabad fell by Rs.220 to close the day at Rs.42,450. The value of 22-carat gold (10 grams) fell by Rs.340 to close the day at Rs.38,770. The value of silver also fell in Hyderabad. The metal was selling for Rs.48,500 per kilogram, marking a decline of Rs.500 from the close of the previous day. Cities such as Visakhapatnam and Vijayawada experienced similar trends where the value of 24-carat gold (10 grams) was Rs.42,450, while the value of 22-carat gold (10 grams) was Rs.38,770. The national capital also recorded a decline in gold and silver prices. Silver was trading at Rs.48,500 per kilogram, thereby marking a decline of Rs.500 from the close of the previous day, similar to Hyderabad.

      5 February 2020

    • Gold and silver rates update Hyderabad and other cities

      The past 5 days have seen a steady increase in gold prices with the precious metal even crossing the Rs.42,000 mark per 10 grams. Silver prices also recorded an increase by as much as Rs.400 per kilogram. In Hyderabad, the metal was selling at Rs.49,600 per kilogram. Cities like Visakhapatnam and Vijayawada also recorded a similar trend. The price of 24-carat gold in both of the aforementioned cities was recorded at Rs.42,230 per 10 grams, while 22-carat gold was retailing at Rs.38,760 per 10 grams. The Delhi market also saw an increase in gold as well as silver prices. The price of 24-carat gold increased by Rs.140 and closed the day at Rs.40,800 per 10 grams. 22-carat gold also rose in value as it moved from Rs.39,460 to Rs.39,600, thus marking an increase of Rs.140. Silver prices also recorded an increase in the national capital, with prices per kilogram rising by Rs.400 to close the day at Rs.49,600.

      29 January 2020

    • Gold and Silver rates fall in Hyderabad

      There was a decline in gold prices on Thursday last week after an increase was recorded on Wednesday. Even silver prices recorded a similar trend as prices fell across major cities in India. Following the decline, the value of 10 grams of 24-carat gold in Hyderabad fell by Rs.350 to close Thursday at Rs.41,480 per 10 grams. The rate of 22-carat gold also fell by Rs.340 and closed the day at Rs.38,020.

      Silver prices also fell significantly last week as the price of one kilogram of the metal declined by Rs.600 in Hyderabad and closed the day at Rs.49,000. Visakhapatnam and Vijayawada recorded a similar trend as the value of 10 grams of 24-carat gold declined to Rs.41,480. The value of 10 grams of 22-carat gold in both the aforementioned cities fell to Rs.38,020. Delhi, the capital of the country, also saw a decline in the value of 10 grams of 24-carat gold by Rs.350 to close the day at Rs.40,050. Even the value of 10 grams of 22-carat gold fell by Rs.350 to close the day at Rs.38,850. The decline in the value of one kilogram of silver was recorded at Rs.600, closing at Rs.49,000 per kilogram.

      24 January 2020

    • Prices of silver increased in Hyderabad on 20 January 2020

      The prices of silver were increased across the major cities in India on 20 January 2020. The main reason for the increase in prices was due to the wedding season, which is approaching soon.

      The price of silver in Hyderabad increased by Rs.100 and touched Rs.49,500 for a kg. The prices silver in Visakhapatnam and Vijayawada saw a similar increase as well. The price of silver in Delhi also increased by Rs.100 and touched Rs.49,500 for a kg. The prices of gold also increased across the major cities in India due to the upcoming wedding season. In Hyderabad, the price of 24-carat gold increased by Rs.710 and touched Rs.41,760 for 10 grams. The price of 22-carat gold increased by Rs.190 and touched Rs.38,280 for 10 grams. The prices of gold at Visakhapatnam and Vijayawada were also at Rs.41,760 (24-carat) and Rs.38,280 (22-carat gold) for 10 grams, respectively. In Delhi, the price of 24-carat gold increased by Rs.200 and touched Rs.40,300 for 10 grams. 22-carat gold in Delhi also saw an increase of Rs.200. The updated the of 22-carat gold in Delhi on 20 January 2020 was at Rs.39,100.

      21 January 2020

    • Silver prices increase in Hyderabad on 13 January 2020

      The prices of silver increased across the major cities in India on 13 January 2020. Silver prices increased by Rs.50 and touched Rs.49,150 for a kg in Hyderabad.

      Apart from Hyderabad, the prices silver increased by Rs.50 in Visakhapatnam and Vijayawada as well. The prices of gold increased as well on 13 January 2020. In Hyderabad, the prices of 24-carat gold increased by Rs.270 and touched Rs.42,050 for 10 grams. 22-carat gold prices also increased by Rs.270 and hit Rs.37,930 for 10 grams in Hyderabad. The prices of 24-carat and 22-carat gold in Visakhapatnam and Vijayawada were also at Rs.42,050 and Rs.37,930. In Delhi, the price of 24-carat gold increased by Rs.300 and hit Rs.40,200 for 10 grams. The price of 22-carat gold in Delhi also increased by Rs.300 and hit Rs.39,000 for 10 grams. The price of silver in Delhi increased by Rs.50 and touched Rs.49,150 for a kg.

      13 January 2020

    • Silver prices drop in Hyderabad

      Silver prices in Hyderabad declined on Wednesday due to the ongoing tensions between the United States and Iran. The drop in the prices saw silver being traded for Rs.50,750 per kilo in Hyderabad. The situation was similar in cities like Vijayawada and Visakhapatnam. Gold prices in Hyderabad also witnessed a drop in the prices. The rate for 10-grams of the 24-carat gold was Rs.41,980 while the price for 10 grams of the 22-carat gold was Rs.38,430. The drop in the prices of gold and silver was also seen in the Delhi market due to the tensions in the Middle East.

      8 January 2020

    • Price of gold and silver increases in Hyderabad

      The price of gold increased on Wednesday, 20 November after recording a low in the prices earlier this week. The cost of the metal increased by Rs.240 for 10 grams. Due to this, the prices of silver also increased.

      Gold was priced at Rs.39,910 per 10 grams in Hyderabad after recording an increase of Rs.240. 22-karat gold followed suit and increased by Rs.220 to be priced at Rs.36,580 per 10 grams.

      The rise in prices was majorly due to increased local demand from jewellers amidst the weak demand overseas. Due to the rise in demand, the price of silver also recorded an increase by Rs.65 to be priced at Rs.47,865 per kg in Hyderabad. As the wedding season is underway, the demand for gold and silver in Hyderabad has increased considerably. Apart from Hyderabad, the price of gold has also seen an increase in the cities of Vijayawada and Vishakhapatnam as well.

      Not only in South India, gold prices saw an increasing trend in the north as well, where an increase of Rs.250 was recorded in the National Capital Region of New Delhi. 24-karat gold was priced at Rs.38,550 per 10 grams and Rs.37,350 per 10 grams for 22-karat gold.

      21 November 2019

    Silver Rate In Metro Cities
    Silver Rate In Other Capitals
    Silver Rate In Other Major Cities
    Silver Rate In States

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