Gold and Silver Prices Rise Sharply: Latest Rates in Telugu States

Gold and Silver Prices Rise Sharply: Latest Rates in Telugu States
Due to international developments, fluctuations in gold and silver prices have become a daily occurrence. While prices sometimes decrease, they often surge unexpectedly. Since January 1 this year, gold prices remained relatively stable, but recent trends have shown a significant increase in both gold and silver rates. Compared to Monday’s rates, the prices recorded on Saturday showed a sharp rise.

On Monday, the price of 10 grams of gold stood at ₹79,470. By Saturday, it had risen by ₹1,332, reaching ₹80,802. Similarly, the price of one kilogram of silver increased from ₹90,020 on Monday to ₹93,265 on Saturday, registering a steep hike of ₹3,245. These rates were observed during the opening hours of trading in major cities, including Vijayawada, Hyderabad, Visakhapatnam, and Proddatur, on Saturday morning.

Consumers are advised to note that gold and silver prices fluctuate daily. The global market also witnessed a notable rise in precious metal prices. The price of an ounce of gold increased from $2,640 on Monday to $2,690 on Saturday, a jump of $50. Currently, an ounce of silver is priced at $30.43 in the international market.
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