Gold Price Drop: After US-Israel-Iran Tensions, Gold-Silver Prices See Shock Drop — Here’s Why

Gold Market Shock: Prices Drop After Global Crisis Spike

Let’s talk about our local market. In Hyderabad, the price of 22-carat gold dropped by ₹2,650, bringing it to ₹1,54,650 per tola. The day before, it had already fallen by ₹2,350. That’s a total drop of almost ₹5,000 in just two days! Similarly, 24-carat gold fell by ₹2,890 to trade at ₹1,67,620 per 10 grams, after falling ₹2,580 the previous day. This price drop is a big relief for people shopping for the wedding season.