Gold prices in Hyderabad have surged to an all-time high, marking the third significant increase this year. On Tuesday, the price of 24-carat gold per 10 grams reached Rs 75,570, setting a new record.
In the past four months, the prices of yellow metal have been volatile, reaching as high as Rs 75,000 and dropping to as low as Rs 72,000. Earlier in the year, gold prices had hit Rs 74,340 in April and Rs 75,160 in May before stabilizing around Rs 72,000. However, the current upward trend suggests that prices may soon hit Rs 78,000.