Gold Prices Rebound in Hyderabad: Break in Decline, Slight Increase Noted
Business
N
News1804-02-2026, 04:11

Gold Prices Rebound in Hyderabad: Break in Decline, Slight Increase Noted

  • Gold prices in Hyderabad rose slightly on Tuesday evening after three days of decline, disappointing those expecting further drops.
  • 24-carat gold increased by Rs. 76 per gram, reaching Rs. 15,393 per gram, and Rs. 760 per 10 grams, totaling Rs. 1,53,930.
  • 22-carat gold saw a rise of Rs. 70 per gram, now at Rs. 14,110, with 10 grams priced at Rs. 1,41,100.
  • The increase is attributed to the US-India trade agreement, strengthening rupee, and gold's appeal as a safe investment amid US economic uncertainty.
  • Investor purchases due to a positive market atmosphere and central bank reserve increases also contributed to the price hike.

Why It Matters: Gold prices in Hyderabad saw a slight increase after a three-day fall, driven by trade agreements and safe-haven demand.

More like this

Loading more articles...