Gold Prices Surge in Vijayawada: Buyers Concerned as Rates Climb After Decline

• Gold prices in Vijayawada increased significantly on Saturday after two days of decline, raising concerns among buyers.
• The global market's ounce price nearing $5,000 influenced the rise in Indian gold prices.
• 24-carat gold in Vijayawada reached Rs. 1,56,600 per 10 grams, an increase of Rs. 2,890.
• 22-carat gold rose to Rs. 1,43,550 per 10 grams, up by Rs. 2,650.
• Factors contributing to the price hike include international market news, increased local demand due to the wedding season, and rupee value fluctuations.