Gold Prices Surge in Vijayawada: Bad News for Buyers as Rates Climb Again

Business
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News18•04-02-2026, 04:19
Gold Prices Surge in Vijayawada: Bad News for Buyers as Rates Climb Again
- •Gold prices, which had been falling, saw an increase on Tuesday in Vijayawada's bullion market.
- •The rise is attributed to the US-India trade agreement, strengthening international gold prices, and increased investor demand.
- •24-carat gold in Vijayawada increased by Rs. 76 per gram, reaching Rs. 15,393 per gram.
- •22-carat gold rose by Rs. 70 per gram, now priced at Rs. 14,110 per gram.
- •Uncertainty due to the US shutdown and central banks increasing reserves also contributed to the global price hike.
Why It Matters: Gold prices in Vijayawada have risen again, disappointing buyers, driven by international factors and trade agreements.
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