Gold rates are not coming down. They are slowly rising over a period of time. More than jewellery it is right for the people to invest in gold as it is ever-appreciating.
The gold rates in Hyderabad have been surged. Going by the rates today, the price of 10 grams of 22-carat gold, 63,760 with a hike of Rs. 860 while the rate of 10 grams of 24-carat gold is trading at Rs. 69,560 with a hike of Rs. 940.
As for silver, the silver rate in Hyderabad is recorded at Rs. 81,700 per kilogram. The gold rates in the international market have been fluctuating. Over the past few weeks gold rates have experienced a fall during the wedding season, fluctuating around Rs. 60,000 for 10 grams of 24-carat gold and approximately Rs. 55,000 for 10 grams of 22-carat gold.
Buyers must know that there is a difference between the 24 cart, 22 carat and the 18 carat Gold.
Jewellery is never made in 2r carat and it is made only in 22 carat. The rate should be fixed for 22 carat and not the 24 carat.
These days iridium is mixed in Gold and the buyers are being cheated. The buyers should be careful while taking gold jewellery.
