The gold prices in Hyderabad have skyrocketed in the past three days, breaking all-time high records for the third time in April. This surge is not isolated to Hyderabad, as other major cities like Mumbai, Delhi, and Bengaluru are also witnessing substantial increases in gold prices.
- Reasons for surge
- Global uncertainty and trade policies
- Increasing demand for gold as a safe-haven investment
- Nationwide trend
Gold prices in Hyderabad have been on a rollercoaster ride this year, with the rates experiencing a significant surge in April. The prices have increased by over 22% so far in 2025, with 22-carat gold prices rising from Rs 71,500 to Rs 87,450 per 10 grams, and 24-carat gold prices soaring from Rs 78,000 to Rs 95,400 per 10 grams.
| Gold Price in Hyderabad | Price (Rs) | Change (Rs) |
|---|---|---|
| 22-carat gold | Rs 71,500 | Rs 15,950 |
| 24-carat gold | Rs 78,000 | Rs 17,400 |
The prices of gold have been on a sharp rise due to several factors. One of the main reasons is the increasing demand for gold as a safe-haven investment. As a result, the prices of gold have surged in Hyderabad and other cities. The weakening dollar and escalating trade war have also contributed to the surge in gold prices. The uncertainty surrounding the US President Donald Trump’s tariff policies has led to a flight to safety, with investors seeking alternative investments that are perceived as safer. On Thursday, US President Donald Trump said trading partner countries that are unable to reach an agreement with the US by July 9, when the 90-day pause ends, goods coming to the US from there will be tariffed at the reciprocal rate announced originally. This announcement has added to the uncertainty, leading to a surge in gold prices.
“As the trade war escalates, investors are seeking safe-haven assets like gold. The weakening dollar and uncertainty surrounding the US President’s policies have fueled the surge in gold prices.”
The prices of gold have surged by over 22% so far in 2025, with 22-carat gold prices rising from Rs 71,500 to Rs 87,450 per 10 grams, and 24-carat gold prices soaring from Rs 78,000 to Rs 95,400 per 10 grams. As of today, the price of 10 grams of 22-carat gold in Hyderabad stands at Rs 87,450, whereas 24-carat gold has soared to Rs 95,400. This marks an over 22 percent increase compared to the beginning of the year when 22-carat gold was priced at Rs 71,500 and 24-carat gold at Rs 78,000. The surge in gold prices in Hyderabad is part of a nationwide trend, with other major cities like Mumbai, Delhi, and Bengaluru also witnessing substantial increases.
- Examples of major cities
- Mumbai
- Delhi
- Bengaluru
For instance, in Mumbai, the prices of 22-carat gold have surged from Rs 77,000 to Rs 84,000 per 10 grams, while 24-carat gold prices have increased from Rs 80,000 to Rs 88,000 per 10 grams. In Delhi, the prices of 22-carat gold have jumped from Rs 75,000 to Rs 82,000 per 10 grams, and 24-carat gold prices have soared from Rs 78,000 to Rs 86,000 per 10 grams. In Bengaluru, the prices of 22-carat gold have increased from Rs 72,000 to Rs 80,000 per 10 grams, while 24-carat gold prices have risen from Rs 76,000 to Rs 84,000 per 10 grams. The surge in gold prices in Hyderabad and other major cities is due to the increasing demand for gold as a safe-haven investment, fueled by global uncertainty and trade policies.
- Definitions
- Dollar weakness
- Trade war
- Safe-haven assets
* A safe-haven asset is an investment that is perceived as safer than others during times of economic uncertainty. * A weakening dollar refers to a situation where the value of the US dollar is declining, making other currencies appear more valuable. * A trade war is a conflict between countries over trade policies, tariffs, and other economic issues. The prices of gold have surged by over 22% so far in 2025, with 22-carat gold prices rising from Rs 71,500 to Rs 87,450 per 10 grams, and 24-carat gold prices soaring from Rs 78,000 to Rs 95,400 per 10 grams.
