Hyderabad Gold Rates Plummet on August 1

The gold rates in Hyderabad experienced a decrease on August 1, 2026. According to the latest updates, the price of 10 grams of 22-carat gold dropped by Rs. 350 and is now at Rs. 1,32,200. The rate of 10 grams of 24-carat gold also saw a decline of Rs. 380, settling at Rs. 1,44,220.

The silver rate in the city remained unchanged at Rs. 2,34,900 per kilogram. This development comes as gold prices in the international market have been fluctuating over the past few weeks. During the wedding season, gold rates had dropped to around Rs. 1,40,000 for 10 grams of 24-carat gold and approximately Rs. 1,50,000 for 10 grams of 22-carat gold.

The prices mentioned here are closing prices from yesterday and may change at any moment. As a result, buyers need to track the live prices at any given time.