With global precious metal markets remaining volatile ahead of key economic cues and continued investor interest, bullion rates in the city reflected mixed trends.
Gold eased slightly across all purities, whereas silver prices edged higher, supported by sustained industrial demand and investment buying.
Below is a detailed look at today’s gold and silver prices in Hyderabad, along with recent trends and key factors influencing the market.
Hyderabad Gold Rate Today: Slight Decline Across Purities
Gold prices in Hyderabad slipped by Re 1 per gram on January 28. Despite the minor correction, gold continues to trade at historically elevated levels, driven by global cues such as inflation concerns, central bank buying and geopolitical uncertainty.
Gold Prices in Hyderabad (Per Gram):
- 24 Carat Gold: ₹16,194 (↓ ₹1)
- 22 Carat Gold: ₹14,844 (↓ ₹1)
- 18 Carat Gold: ₹12,145 (↓ ₹1)
The price of gold in Hyderabad largely depends on international gold rates, currency movements, interest rate expectations and demand from the jewellery market. Local factors such as wedding season demand also play a role in price fluctuations.
Today’s Gold Price by Quantity (24K):
- 1 gram: ₹16,194
- 8 grams: ₹1,29,552
- 10 grams: ₹1,61,940
- 100 grams: ₹16,19,400
Similar minor declines were seen in 22 carat and 18 carat gold across all weight categories.
Note: Gold prices are indicative and exclude GST, TCS and making charges. Actual prices may vary across jewellers.
Gold Price Trend in Hyderabad: Last 10 Days
Gold prices have shown sharp volatility over the past ten days, with a strong rally followed by mild corrections.
- January 28, 2026: ₹16,194 (24K), ₹14,844 (22K)
- January 26, 2026: Sharp jump to ₹16,195 (24K)
- January 23, 2026: ₹15,715 (24K)
- January 20, 2026: ₹14,978 (24K)
Overall, gold has gained significantly in January despite short-term pullbacks, indicating strong underlying demand.
Hyderabad Silver Rate Today: Prices Continue to Rise
Silver prices in Hyderabad moved higher again on January 28, gaining ₹0.10 per gram and ₹100 per kilogram. The metal continues to outperform gold, supported by heavy industrial usage and strong investor interest.
Silver Prices in Hyderabad:
- Per gram: ₹387.10 (↑ ₹0.10)
- Per kilogram: ₹3,87,100 (↑ ₹100)
Silver traders in Hyderabad report steady buying interest, both from physical buyers and those investing through MCX-linked instruments.
Today’s Silver Price by Quantity:
- 1 gram: ₹387.10
- 10 grams: ₹3,871
- 100 grams: ₹38,710
- 1 kg: ₹3,87,100
Silver Price Trend in Hyderabad: January 2026 Performance
Silver has delivered a massive rally in January 2026.
- January 1, 2026: ₹2,56,000 per kg
- January 28, 2026: ₹3,87,100 per kg
- Highest in January: ₹3,87,100
- Lowest in January: ₹2,56,000
Overall monthly gain: +51.21%
The rally follows strong gains in previous months as well, with silver rising over 30 percent in December 2025 and maintaining an upward trajectory since mid-2025.
Why Gold and Silver Prices Are Moving This Way
Key factors influencing bullion prices in Hyderabad include:
- Global precious metal price movements
- Industrial demand, especially for silver in electronics and renewable energy
- Inflation concerns and safe-haven buying
- MCX trends and rupee-dollar fluctuations
- Seasonal jewellery demand in India
While gold has seen a brief pause after a sharp rally, silver continues to attract aggressive buying due to its dual role as an industrial and investment metal.
Investor Outlook
Gold remains a stable long-term hedge despite short-term volatility, while silver has emerged as the stronger performer in 2026 so far. Experts advise investors to track global cues closely and consider phased buying, especially at elevated levels.
Disclaimer: Prices are indicative and meant for informational purposes only. Please check with local jewellers for exact rates before buying.