Gold Price Bangalore Vs Chennai Vs Hyderabad: 24K/100 Grams After Sharpest Fall Of Rs 62,700 In 10 Days

Gold prices in southern cities of India such as Bangalore, Chennai, and Hyderabad surged for the first time in 10 days. The prices were up across 24K, 18K, and 22K. Yellow metal has been on the downward trend since July 18, with 24k/100 grams falling in the range of Rs 55,100 to Rs 62,500 in these ten days. Gold prices witnessed sharp correction after Budget changes which were made earlier this week. Also, volatility in international gold further added to woes.

Gold Price In Bangalore On July 27:

24K/100 grams jumped by Rs 2,700 to Rs 6,90,000, while 10 grams was up by Rs 270 to Rs 69,000.

Meanwhile, 100 grams of 22K climbed by Rs 2,500 to Rs 6,32,500, and that of 10 grams surged by Rs 250 to Rs 63,250.

Also, 18K price stood at Rs 5,17,500 in 100 grams, up by Rs 2,000 in a single-day. Further, 10 grams price was up by Rs 200 to Rs 51,750.

The cheapest gold is of Rs 5,175 which is of 1 gram in 18K.

Gold prices surged in Bangalore for the first time since July 18, which was after this precious metal hit its new all-time high on July 17. From July 18 to July 26, 24K/100 grams fell by a breathtaking Rs 62,700, while 10 grams in the same carat dipped by Rs 6,270 in these period.

Gold Price In Chennai On July 27:

In the capital city of Tamil Nadu, gold prices witnessed the most upside compared to the other two cities. Here, 24K of 100 grams soared by Rs 5,500 to Rs 7,05,300, and 10 grams was up by Rs 550 to Rs 70,530.

Additionally, 100 grams 22K is up by Rs 5,000 to Rs 6,46,500, and 10 grams is up by Rs 500 to Rs 64,650.

Further, 18K of 100 grams climbed by Rs 4,100 to Rs 5,29,600, and that of 10 grams was up by Rs 410 to Rs 52,960, which is just Rs 40 away from reclaiming Rs 53,000 mark.

Here, however, 24K/100 grams gold fell by Rs 55,100 from July 18-26, while 10 grams was down by Rs 5,510.