Gold buying rush on festival day.. Prices are like this

Akshaya Tritiya is considered an auspicious festival for Hindus. It is widely believed that purchasing gold and silver on this day brings prosperity and wealth. As a result, jewelry stores are witnessing increased buying activity, especially in the Telugu states. Despite high prices, demand remains strong. The price of 24-carat gold stands at ₹1,55,780 per 10 grams, while 22-carat gold is priced at ₹1,42,800 per 10 grams.

Silver prices have also surged, with one kilogram priced at ₹2,80,000 in Hyderabad. Traders expect a further rise in sales as the day progresses due to festive sentiment.