Gold Rate in Hyderabad

• Rupee against the dollar. When the rupee weakens, imported gold costs more.

• Import duty. It rose from 6% to 15% on 13 May 2026, and most of India's gold is imported.

• Demand. Weddings and festivals push buying up.

• GST. 3% is added at billing and is not part of the daily rate.

How to Check Gold Purity in Hyderabad

• Ask for BIS-hallmarked jewellery. The stamp gives the purity, for example 22K916.

• Check the 6-character HUID printed on the piece. It has been required on hallmarked jewellery since 1 April 2023.

• Look up the HUID in the BIS Care app to see the details registered for it.

Taxes on Gold in Hyderabad

REPLACE the whole section. The old one quoted wrong rates and a wealth tax that no longer exists.

• GST. Buying gold carries 3% GST. GST on making charges can differ, so check the invoice.

• Selling physical gold. A profit after 24 months is a long-term capital gain, taxed at 12.5% with no indexation. A sale within 24 months is taxed at your income tax slab rate.

• Gold ETFs. Listed gold ETFs count as long-term after 12 months, and the gain is taxed at 12.5%.

• Sovereign Gold Bonds. For an individual, gains on redemption at maturity are tax-free, but the interest is taxed.

• Wealth tax. There is none. It was abolished from FY 2015-16.

Historical Gold Price in Hyderabad