Gold Prices Surge Again: Akshaya Tritiya Shoppers Anxious as Rates Fluctuate

• Gold prices saw a significant rise on Friday after a sharp drop earlier in the week, causing anxiety among buyers ahead of Akshaya Tritiya.
• In Hyderabad, 24-carat gold increased by Rs. 196 to Rs. 1,50,930 per 10 grams, while 22-carat gold rose by Rs. 1,800 to Rs. 1,38,350.
• Despite the recent rise, current gold prices are significantly lower than the record levels seen on January 29, with 24-carat gold down by Rs. 27,920.
• Silver prices remained stable today but have fallen drastically since January 29, with a kilogram now at Rs. 2,55,000, a decrease of Rs. 1,70,000.
• Gold prices are influenced by international rates, import duties, taxes, and exchange rates, with recent volatility linked to the US-Israel war and a stronger US dollar.

Key Questions Answered

Will gold prices continue to fluctuate before Akshaya Tritiya?

Gold prices are expected to increase before Akshaya Tritiya on April 19, 2026.

How do international events affect Indian gold rates?

International events, particularly geopolitical tensions like the Iran war, can cause Indian gold rates to fall.

Is now a good time to invest in gold?

It may be a good time to invest in gold for buyers, but investors are advised to wait and watch the trend for better returns.