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On the occasion of Ugadi, there is good news for those planning to buy gold. Today (March 19), gold and silver prices across the country have witnessed a significant decline. The price of pure gold has dropped by around ₹2,700 on average, while silver prices have also seen a sharp fall. According to data from the GoodReturns website, as of 10:00 AM, the price of 24-carat gold (10 grams) in the Hyderabad bullion market stood at ₹1,54,640, marking a decline of ₹2,780 compared to the previous day. Similarly, the price of 22-carat gold fell by ₹2,550 to ₹1,41,750. Silver prices in the city also dropped considerably, currently trading at ₹2,65,000 per kilogram.
A similar downward trend in gold prices was observed in other major cities as well. In Chennai, the price of 24-carat gold (10 grams) is ₹1,58,940, while in Mumbai, Kolkata, and Bengaluru, it stands at ₹1,54,640. In New Delhi, the price is ₹1,54,790. For 22-carat gold, the price in Chennai is ₹1,45,690, while in Mumbai, Kolkata and Bengaluru it is ₹1,41,750 and in New Delhi it is ₹1,41,900.
As for silver, Chennai recorded the highest price at ₹2,65,000 per kilogram, while in cities like Mumbai, Delhi, Kolkata and Bengaluru, it is hovering around ₹2.6 lakh per kilogram. The drop in prices during Ugadi is expected to attract buyers.
Note: Gold and silver prices are subject to change frequently based on market conditions. The rates mentioned above are as of the time of reporting. Buyers are advised to verify the latest prices before making any purchase decisions.
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