Gold Prices Rise: Gold Prices Rise Further Across Major Indian Cities

Gold Prices Rise: Gold prices continued their upward move in domestic markets on Saturday, with rates rising across several major cities. The latest movement has come amid changes in global financial conditions, particularly softer US Treasury yields and weakness in the dollar.

In Hyderabad and Vijayawada, the price of 24 carat gold stood at Rs 1,63,090 for 10 grams at around 10 am. This was Rs 1,520 higher than the previous day’s level. The rate for 22 carat jewellery gold increased by Rs 1,400 to Rs 1,49,500 per 10 grams.

The same rates were recorded in several major cities across Telangana and Andhra Pradesh. In Telangana, Hyderabad, Nizamabad, Khammam and Warangal reported 24 carat gold at Rs 1,63,090, while 22 carat gold was priced at Rs 1,49,500. The 18 carat rate stood at Rs 1,22,320 per 10 grams.

In Andhra Pradesh, Vijayawada, Visakhapatnam, Guntur, Nellore and Tirupati also recorded similar prices. The 24 carat rate was Rs 1,63,090, while 22 carat gold was available at Rs 1,49,500. The 18 carat price stood at Rs 1,22,320.

Prices were broadly similar in other major markets as well. Mumbai and Kolkata recorded 24 carat gold at Rs 1,63,090 and 22 carat gold at Rs 1,49,500. Chennai reported a higher 18 carat rate of Rs 1,27,300.

Delhi recorded slightly higher rates, with 24 carat gold at Rs 1,63,240 and 22 carat gold at Rs 1,49,650. The 18 carat rate stood at Rs 1,22,470. Ahmedabad also reported marginally higher prices at Rs 1,63,140 for 24 carat and Rs 1,49,550 for 22 carat gold.

The rise in gold prices is being watched closely by jewellery buyers as well as investors. Since domestic gold rates can change several times depending on international prices, currency movements and market conditions, buyers should check the latest rate with their jeweller before making a purchase.