Hyderabad Gold Prices Surge: 24K Jumps Rs 1,310, Buyers Surprised by Sudden Spike

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News18•10-02-2026, 11:15
Hyderabad Gold Prices Surge: 24K Jumps Rs 1,310, Buyers Surprised by Sudden Spike
- •Gold prices in Hyderabad surged sharply on Monday, surprising buyers after a brief dip.
- •24-carat gold increased by Rs 131 per gram, reaching Rs 15,791, with 10 grams now at Rs 1,57,910.
- •22-carat gold rose by Rs 120 per gram to Rs 14,475, and 18-carat gold (10 grams) is up by Rs 990 to Rs 1,18,440.
- •The surge is attributed to positive global indicators, a weaker US dollar, and strong wedding season demand.
- •Analysts recommend a "buy on dips, sell on rises" strategy amidst renewed demand and market volatility.
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