Gold Rate Today in Hyderabad
Jewellery Gold
₹13,987/g
₹1,39,870 · 10g
Pure Gold
₹15,258/g
₹1,52,580 · 10g
Updated today
What You Actually Pay
22K · Adjust weight and making charges
Effective rate: ₹16,173/g
Price Trend
Gold Market in Hyderabad
Hyderabad has a gold jewellery tradition rooted in Nizami craftsmanship — the city is especially known for Kundan, Polki, and Jadau work found nowhere else in India at this scale. Abids and Sultan Bazaar are the main wholesale hubs in the old city. For the salaried and tech buyer demographic, Punjagutta and Somajiguda are the modern retail epicentres — all major chains (Tanishq, Malabar Gold, Kalyan Jewellers, Manepally) are clustered there. The Charminar area is the place for authentic Nizami-style pieces. Demand peaks during Bonalu, Bathukamma, and the Telugu wedding season (April–June, November–January). Making charges for plain jewellery run 10–22%; traditional Nizami pieces command 25–40% for skilled handwork.
Frequently Asked Questions
Where is the best place to buy gold in Hyderabad?
Abids and Sultan Bazaar are the main wholesale markets — best for competitive prices on plain and everyday jewellery. For traditional Nizami-style pieces (Kundan, Polki, Jadau), Charminar-area jewellers are the specialists and nowhere else in India has this concentration of craftsmen. For branded retail, Tanishq, Malabar Gold, Kalyan Jewellers, and Manepally Jewellers (a Hyderabad institution) have outlets across the city.
What is Hyderabad's Nizami jewellery — Kundan, Polki, and Jadau?
Hyderabad's Nizami jewellery tradition includes three distinct styles. Kundan involves setting precious and semi-precious stones into gold using a refined gold foil technique — it's the base of most Hyderabadi bridal sets. Polki uses uncut, unpolished diamonds (natural flat diamonds) set into gold — more traditional and valuable than cut diamonds. Jadau combines Kundan work with Meenakari (colourful enamel artwork on the reverse). These are handcrafted by artisans and carry making charges of 25–40% reflecting the skill involved.
What making charges should I expect in Hyderabad?
Plain jewellery at Hyderabad wholesale markets like Abids runs 10–18%. Traditional Nizami pieces (Kundan, Polki, Jadau) carry 25–40% making charges due to skilled handwork — this is expected and reflects genuine craftsmanship. For investment gold coins, major bank branches charge minimal making charges. Always ask for an itemised bill showing gold value, stone value (if any), making charges, and GST.
Should I buy 22K or 24K gold in Hyderabad?
For jewellery — including Nizami-style pieces — 22K (916 hallmark) is standard. Traditional Hyderabadi bridal sets are always 22K. For investment, 24K coins from major banks or MMTC-PAMP are the recommended route — they're certified, carry near-zero making charges, and resale at any major jeweller is straightforward. Manepally Jewellers also has a good reputation for investment gold if you prefer a jeweller over a bank.