Gold Hits Rs 1 Lakh in Hyderabad: 24K at Rs 10,135 per Gram

Gold prices in Hyderabad surged to a fresh six-month high on Tuesday, with 24-carat gold quoted at Rs 10,135 per gram and 22-carat at Rs 9,290. The sharp increase marks a significant jump of Rs 300 and Rs 275 per gram, respectively, compared to the previous day.

According to price trends over the last six months, shared through market tracking tools, gold prices have shown consistent upward movement since late October 2024. The latest graph indicates that the price for 24-carat gold stood at Rs 9,338 per gram and 22-carat at Rs 8,560 per gram on April 10, 2025. Since then, rates have risen steadily, crossing the Rs 10,000 threshold for 24K and nearing Rs 9,300 for 22K by April 22.

April Performance and Price Changes

As per available data:

- 24K gold rose by 9.17 per cent in April — from Rs 9,284 on April 1 to Rs10,135 on April 22.

- 22K gold followed a similar trend, rising from Rs 8,510 to Rs 9,290 during the same period.

- The highest rate for the month was recorded on April 22 for both variants.

Day-on-Day Movement (April 21 to April 22):

- 24K gold increased from Rs 9,835 to Rs 10,135 (+Rs 300)

- 22K gold rose from Rs 9,015 to Rs 9,290 (+Rs 275)

- 18K gold climbed from Rs 7,376 to Rs 7,601 (+Rs 225)

Price by Quantity – 24K Gold on April 22:

- 1 gram: Rs 10,135

- 8 grams: Rs 81,080

- 10 grams: Rs 1,01,350

- 100 grams: Rs 10,13,500

TAfter months of stable pricing between Rs 8,000–Rs 9,000, prices began to accelerate from March, in sync with international markets impacted by inflationary pressures, fluctuating interest rates, and central bank policy shifts. The chart highlights a strong price rally beginning in March and continuing through mid-April, with the steepest growth observed between April 10 and April 22,

Analysts attribute the price rise to a combination of international market volatility, increased retail demand during the wedding season, and currency movements. With inflation concerns persisting and global central banks revisiting their gold reserves, the price of the yellow metal is expected to remain volatile.

The gold rates mentioned are indicative and exclude taxes like GST and TCS. Final retail prices may vary among jewellers.