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Hyderabad: The relentless surge in gold prices is now hitting not only the general public but also the affluent, as the precious metal continues to climb to unprecedented levels. On Tuesday alone, the price of one tola of gold jumped by nearly Rs 3,000 , pushing the rate past the Rs 1.3 lakh mark and setting a new record.
Market sources in Hyderabad’s bullion market reported that 24-carat pure gold (10 grams) surged by Rs 2,720 to reach Rs 1,30,820 , while 22-carat gold (10 grams) now stands at Rs 1,21,150 . The upward momentum is being fueled by both domestic demand and global market trends.
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