Gold prices, which have been rising continuously for the past 20 days, saw a sharp drop today, providing relief to buyers. The price of 22-carat gold fell by ₹1,700 per 10 grams, reaching ₹1,12,100. Similarly, the rate for 24-carat gold dropped by ₹1,860 per 10 grams to ₹1,22,290.

In contrast, silver prices surged significantly. The price of silver per kilogram jumped by ₹3,000, touching ₹1,80,000. While gold prices eased, the sudden rise in silver rates has caught the attention of investors. These price trends are consistent across major cities in Telangana, including Hyderabad and Vijayawada.