10g 24K Gold in Hyderabad Crosses Rs. 1.24 Lakh: What This Means
10g 24K gold in Hyderabad crosses Rs. 1.24 lakh today. See latest 22K and 18K rates, understand why prices surged, and what buyers should know now.
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Gold prices surged in Hyderabad today, marking a six-month high. The 24 karat gold rate stood at Rs. 12,415 per gram, while 22 karat gold traded at Rs. 11,380 per gram. The 18 karat gold rate reached Rs. 9,311 per gram.
For buyers looking at 10 grams, 24K gold is priced at Rs. 1,24,150, 22K gold at Rs. 1,13,800, and 18K gold at Rs. 93,110. Compared to the previous day, 24K gold increased by Rs. 220, 22K by Rs. 200, and 18K by Rs. 160.
Gold rates in Hyderabad are influenced by global market conditions. Factors such as international inflation, central bank gold reserves, changes in global interest rates, and the jewelry market demand affect local pricing. Jewelers adjust rates daily to reflect these fluctuations.
In the past ten days, 24K gold in Hyderabad has risen from Rs. 11,940 on October 5 to Rs. 12,415 today, showing a consistent upward trend. Similarly, 22K gold has moved up from Rs. 10,945 to Rs. 11,380. Analysts note that gold prices have gained over 4% since the beginning of October, indicating strong market momentum.
Investors and buyers are advised that these rates are indicative and exclude GST, TCS, and other applicable charges. For precise rates, contacting local jewelers is recommended.
