Gold rates dip to one-month low in Hyderabad – Know why

Gold rates in Hyderabad dropped by around 2% this month, reaching a one-month low. Currently, 10 grams of 24-carat gold is Rs 62,070 and 22-carat gold is Rs 56,900. The decline is influenced by US inflation data affecting global markets. Future trends depend on factors like Federal Reserve rate cuts and domestic demand.