Gold Prices Rise Again in the Telugu States

Gold prices have increased again in the Telugu states shortly after the Diwali celebrations. According to the latest rates, the price of 24-carat gold has risen by ₹103 per gram to reach ₹14,460. Meanwhile, 22-carat gold is priced at ₹13,255 per gram. The latest increase comes as a concern for consumers planning to purchase gold for weddings and other special occasions.

Silver prices, on the other hand, are continuing at ₹2,05,000 per kilogram. Retail gold prices have also seen an increase in major cities, including Hyderabad, Warangal and Visakhapatnam. Market experts advise buyers to check the latest local rates before making a purchase, as prices may vary across cities and jewellery stores. Consumers are being encouraged to consider the prevailing market rates while planning their purchases.