Gold Prices Rise Again..Is It Becoming a Burden for the Common Man?

Gold prices, which had been witnessing a gradual rise over the past few days, surged sharply on Thursday. As of 6:30 AM, the price of 10 grams of 24 carat gold in Hyderabad and Vijayawada stood at ₹1,42,810. Compared with Wednesday’s price of ₹1,39,910, gold became costlier by ₹2,900 in a single day. The latest rise has drawn attention from buyers who are closely tracking the precious metal market.

The price of 10 grams of 22 carat gold in Hyderabad and Vijayawada was recorded at ₹1,30,910, while 18-carat gold was priced at ₹1,07,110. The same rates were reported in several cities across Telangana, including Warangal, Nizamabad and Khammam. In Andhra Pradesh, Vijayawada, Visakhapatnam, Amaravati, Kakinada and Tirupati also recorded similar prices for all three gold categories.

Gold prices varied slightly across major cities in the country. In Chennai, 24 carat gold was priced at ₹1,42,920 per 10 grams, while the 22 carat and 18 carat rates stood at ₹1,31,010 and ₹1,07,360, respectively. In Delhi, the prices were ₹1,42,960, ₹1,31,060 and ₹1,07,260. Vadodara recorded ₹1,42,860 for 24 carat gold, ₹1,30,960 for 22 carat and ₹1,07,160 for 18-carat gold. Buyers are advised to verify local prices before making purchases, as gold and silver rates fluctuate frequently.

Note: Gold and silver prices fluctuate frequently. Buyers are advised to verify the latest rates before making a purchase.