US-Iran Developments Shake Up Gold Prices

Gold prices witnessed a slight decline on Wednesday as expectations of easing geopolitical tensions between the United States and Iran improved market sentiment. After remaining stable at the beginning of the week, bullion prices softened marginally in domestic markets.

Today 6:30 AM the price of 24 carat gold in Hyderabad stood at ₹1,43,990 per 10 grams. The price of 22 carat gold was ₹1,31,990, while 18 carat gold was priced at ₹1,07,990 per 10 grams. Similar prices were recorded across major cities in Telangana and Andhra Pradesh, including Warangal, Nizamabad, Khammam, Visakhapatnam, Vijayawada, Guntur, Kakinada, and Tirupati.

Across India, 24 carat gold was priced at ₹1,43,990 in cities such as Mumbai, Kolkata, Bengaluru, and Kerala. In Delhi, Jaipur, and Lucknow, the price stood slightly higher at ₹1,44,140 per 10 grams. Market analysts believe global geopolitical developments and investor sentiment will continue to influence gold prices in the coming days.