Gold rates in Hyderabad Rises by 2.21 percent

Gold rates in Hyderabad Rises by 2.21 percent

Maharashtra Board 10th and 12th Result: This year Akshaya Tritiya has led to an increase in gold rates by 2.21 percent in Hyderabad.

Thus, the sudden rise in gold rates has created tension among investors who love to invest in gold.

The price of 10 grams of 24-carat gold on May 1 was ₹70,880 followed by an increase of 80 rupees on 2 May and on 10 May the gold price in Hyderabad is ₹74,812 which is an increase of 2,922 rupees from yesterday price.

According to Siasat, on Akshaya Tritiya, the gold rates in Hyderabad rose to Rs 930 for 10 grams of 24-carat gold.

Gopi Krishna Manepally, Managing Director of Manepally Jewellers said, “The soaring gold prices have made consumers wary of purchasing gold this Akshaya Tritiya season. Despite expectations of a worse situation, the actual decline in bookings has been slightly better than anticipated,”

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