Gold is not just a metal for Indians; it is an emotion. Every Indian, among the 140 crore population, believes in having at least a small amount of gold at home. Due to this strong sentiment, the demand for gold never declines; it only increases. Occasionally, gold prices might drop slightly as a temporary fluctuation, but the overall demand remains high. Despite the massive demand in India, domestic production is insufficient, making international imports the primary source.

For some, gold is a deep-rooted sentiment, while for others, it is an investment. In times of financial crisis, gold serves as a valuable asset. Hence, not just the wealthy but even middle-class and lower-income families consider gold as a secure investment. Currently, the wedding season has further pushed up the demand for gold. Additionally, economic policies under U.S. President Trump have influenced global trade, indirectly impacting gold prices. However, after rising continuously for a few days, gold prices have slightly decreased today.

• In Hyderabad, the price of 22-carat jewelry gold has dropped by ₹450 per 10 grams, bringing the price down to ₹80,250 per tola. However, the price of 24-carat pure gold has increased by ₹60 per tola, reaching ₹88,100.
• In Vijayawada, the price of 24-carat gold per 10 grams is ₹88,065, while 22-carat jewelry gold is priced at ₹80,240.
• Silver prices in Hyderabad have also seen a slight dip, with a ₹100 drop per kg, bringing the current price to ₹1,07,900.

These rates are as of Saturday morning and may fluctuate by noon. Factors such as rising inflation, changing global conditions, central bank gold reserves, and interest rate variations all influence gold prices. Experts predict that the 24-carat gold price per 10 grams might soon reach the ₹1,00,000 mark.