Gold and silver prices experienced a sharp decline in the Hyderabad bullion market today. The 10-gram rate of 24-carat gold dropped by ₹770 to ₹1,62,110, while 22-carat gold, used for jewellery, fell ₹700 to ₹1,48,600. Silver prices also decreased by ₹5,000 to ₹2,90,000. Despite the fall, the rates remained almost unchanged across both Telangana and AP.