Gold Prices Surge in Vijayawada: Bad News for Buyers as Rates Climb Again
Business
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News1804-02-2026, 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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