Gold Prices in Hyderabad Hit Record Highs
Gold prices in Hyderabad saw a big jump on Tuesday, reaching the highest levels in the last six months. The price of 24-carat gold rose to Rs 10,135 per gram, which is Rs 300 more than the previous day. Similarly, 22-carat gold increased to Rs 9,290 per gram, up by Rs 275. Even 18-carat gold saw a rise, reaching Rs 7,601 per gram—an increase of Rs 225.
This rise in prices is mainly due to global market trends. With ongoing uncertainty in the world economy, many investors are buying safe assets like gold. Factors like inflation, changing interest rates, and central bank policies are all pushing gold prices higher. Seasonal demand for gold jewellery and currency changes are also playing a role in this price increase.
Over the past ten days, gold prices in Hyderabad have been steadily rising. For example, on April 21, the price of 24-carat gold was Rs 9,835 per gram. Just one day later, on April 22, it jumped to Rs 10,135—a rise of Rs 300 in one day. The price for 100 grams of 24-carat gold also rose sharply, going from Rs 9,83,500 to Rs 10,13,500 in a single day.
Looking at data from the last six months, gold has shown a strong upward trend. On April 10, 24-carat gold was priced at Rs 9,338 per gram, and 22-carat gold was at Rs 8,560. By April 22, both had increased by more than 9% in just 12 days. In April alone, the lowest price for 24-carat gold was Rs 8,973 on April 8, and the highest was Rs 10,135 on April 22.
Historical data shows that gold prices began rising in late January 2025 and saw a sharp increase after mid-March. On November 4, 2024, the price of 24-carat gold in Hyderabad was under Rs 8,300 per gram. By April 22, 2025, it crossed Rs 10,000 for the first time in this period. This means gold prices have grown by more than 21% in just six months, showing how gold remains a strong investment during uncertain times.
