Gold rates in Hyderabad, other Indian cities, and globally continued to decline on Wednesday. The drop began after the release of the U.S. presidential election results.
Over the past seven days, prices have fallen by more than 4 percent.
Current gold rates in Hyderabad
In Hyderabad, the price of gold dropped by Rs 3,200 and Rs 3,500 for 22-carat and 24-carat gold, respectively, since November 7.
Following the decline, the rates reached Rs 70,450 and Rs 76,850 for 10 grams of 22-carat and 24-carat gold, respectively.