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Vijayawada Gold Prices Rebound, Ending Five-Day Decline; Silver Rates Also Up
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Gold Prices Soar in Vijayawada, Ending 5-Day Decline; Silver Stable
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News18
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08-03-2026, 04:53
Gold Prices Soar in Vijayawada, Ending 5-Day Decline; Silver Stable
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Gold prices surged on Saturday, breaking a five-day consecutive fall that saw 24-carat gold per tola drop by Rs. 10,950.
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In Vijayawada, 24-carat 10 grams gold increased by Rs. 2,510 to Rs. 1,63,640; 22-carat rose by Rs. 2,300 to Rs. 1,50,000.
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The previous five-day decline was attributed to a strengthening dollar and increased investment in crude oil.
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Silver prices remained stable in Vijayawada on Saturday, with one kilogram at Rs. 2,90,000 and one tola at Rs. 2,900.
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Middle East tensions, including US and Israeli attacks on Iran, are cited as a potential future driver for gold as a safe haven asset.
Read Full Article on News18 in Telugu
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