Gold Rate Today in Hyderabad Calculator

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Gold Rate Today in Hyderabad Calculator

24K (99.9% Pure) 22K (91.6% Pure) 18K (75.0% Pure)

Price Breakdown

Understanding Gold Rate Today in Hyderabad

Hyderabad, often known as the "City of Pearls," is also one of the largest hubs for gold consumption in Southern India. Whether it is for a wedding at Gachibowli or an investment in Banjara Hills, knowing the precise gold rate today in Hyderabad is essential for any buyer.

How Gold Price is Calculated in Hyderabad

The final price you pay at a jewelry showroom in Hyderabad isn't just the raw gold rate. It involves several components:

  • Base Rate: The 24K price per gram provided by bullion associations.
  • Purity Adjustment: 22K gold is (22/24) * 24K rate. 18K is (18/24) * 24K rate.
  • Making Charges: Jewelry stores in Hyderabad charge for the craftsmanship, usually ranging from 3% to 25% depending on the complexity.
  • GST: A flat 3% Goods and Services Tax is applied to the sum of the gold value and making charges.

Example Calculation

Suppose the 24K gold rate today in Hyderabad is ₹72,000 per 10 grams. If you want to buy a 10-gram 22K necklace with 10% making charges:

  1. 22K Value: (22/24) × 72,000 = ₹66,000
  2. Making Charges (10%): 10% of 66,000 = ₹6,600
  3. Subtotal: 66,000 + 6,600 = ₹72,600
  4. GST (3%): 3% of 72,600 = ₹2,178
  5. Total Final Price: ₹74,778

Factors Affecting Hyderabad Gold Rates

Several local and international factors influence the price of gold in the Hyderabad market:

  • Global Market: Fluctuations in COMEX gold prices and international trade tensions.
  • USD to INR: Since India imports most of its gold, a weaker Rupee makes gold more expensive in Hyderabad.
  • Local Demand: During festive seasons like Akshaya Tritiya, Dhanteras, and the peak wedding season in Telangana, local rates may see a slight premium due to high demand.
  • Import Duties: Central government taxes on gold imports directly impact the local landing cost.
function calculateGoldPrice() { var rate24K = parseFloat(document.getElementById('currentRate').value); var weight = parseFloat(document.getElementById('goldWeight').value); var purity = parseFloat(document.getElementById('purity').value); var makingPercent = parseFloat(document.getElementById('makingCharges').value); if (isNaN(rate24K) || isNaN(weight) || rate24K <= 0 || weight <= 0) { alert("Please enter valid positive numbers for rate and weight."); return; } if (isNaN(makingPercent)) { makingPercent = 0; } // Logic for Gold Rate Today in Hyderabad var ratePerGram24K = rate24K / 10; var ratePerGramSpecific = (ratePerGram24K / 24) * purity; var baseGoldValue = ratePerGramSpecific * weight; var makingChargesValue = (baseGoldValue * makingPercent) / 100; var subtotal = baseGoldValue + makingChargesValue; var gstValue = subtotal * 0.03; var finalTotal = subtotal + gstValue; var resultDiv = document.getElementById('goldResult'); var resultContent = document.getElementById('resultContent'); resultDiv.style.display = 'block'; resultContent.innerHTML = 'Gold Purity: ' + purity + 'K' + 'Base Gold Value: ₹' + baseGoldValue.toLocaleString('en-IN', {maximumFractionDigits: 2}) + " + 'Making Charges (' + makingPercent + '%): ₹' + makingChargesValue.toLocaleString('en-IN', {maximumFractionDigits: 2}) + " + 'GST (3%): ₹' + gstValue.toLocaleString('en-IN', {maximumFractionDigits: 2}) + " + '
Total Estimated Price: ₹' + finalTotal.toLocaleString('en-IN', {maximumFractionDigits: 2}) + '
' + '*Disclaimer: These are estimated prices based on current inputs. Actual prices at Hyderabad jewelry stores may vary slightly due to local premiums and specific craftsmanship.'; }

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