price surge Archives - Vizag One https://www.vizagone.com/tag/price-surge/ Visakhapatnam - City of Destiny Thu, 26 Sep 2024 02:27:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.vizagone.com/wp-content/uploads/2023/11/cropped-vizagone-logo-500x500-jpg-32x32.jpg price surge Archives - Vizag One https://www.vizagone.com/tag/price-surge/ 32 32 Rising Gold Prices Create Turmoil During Navratri Festivities https://www.vizagone.com/business/rising-gold-prices-create-turmoil-during-navratri-festivities/ https://www.vizagone.com/business/rising-gold-prices-create-turmoil-during-navratri-festivities/#respond Thu, 26 Sep 2024 02:26:59 +0000 https://www.vizagone.com/?p=29147 Gold prices in the country are surging dramatically, causing concern among consumers, especially during the festive season of Navratri. The price hike, particularly for pasidi gold, has caught many off guard, with significant increases observed on September 25. Read on to learn more about the latest developments in the gold market and how it is impacting consumers across different regions.

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Gold prices in the country are witnessing a sharp uptrend, particularly affecting consumers ahead of the Navratri festival. The surge in prices, especially for pasidi gold, has left many individuals surprised and concerned. On September 25, from morning until 8 pm, gold prices soared by a staggering one thousand rupees. This sudden increase has raised eyebrows, especially among women who traditionally purchase gold during festive occasions.

According to the India Bullion and Jewelers Association, the price of Tulam gold surged significantly on September 25, reaching up to Rs.660. In the national capital, Delhi, the price of 22-carat 10-gram gold stands at Rs.70,750, while 24-carat 10-gram gold is priced at Rs.77,170. In Mumbai, a key financial hub, 22-carat gold is priced at Rs.70,600 for 10 grams, with 24-carat gold at Rs.77,020 per 10 grams. Similarly, in Hyderabad, both 22-carat and 24-carat gold are priced at Rs.70,600 and Rs.77,020 per 10 grams, respectively.

While gold prices are on the rise, silver prices have seen a slight decline. Currently, the price of one kilogram of silver stands at Rs.92,800, marking a minimal decrease of only one hundred rupees. However, certain regions have witnessed silver prices crossing the one lakh rupee mark, with Chennai, Hyderabad, and Kerala recording prices at Rs.1,01,000, and Delhi and Kolkata at Rs.95,000.

It is important to note that the aforementioned gold prices do not include GST and TCS, which will be charged separately. Consumers are advised to consult their local jewelers for precise pricing information.

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Gold Prices Surge Unexpectedly – Latest Updates on Gold Rates https://www.vizagone.com/business/gold-prices-surge-unexpectedly-latest-updates-on-gold-rates/ https://www.vizagone.com/business/gold-prices-surge-unexpectedly-latest-updates-on-gold-rates/#respond Wed, 25 Sep 2024 01:34:10 +0000 https://www.vizagone.com/?p=29052 Discover the latest updates on gold prices as they soar unexpectedly once again, impacting markets and investors alike. Stay informed on the current trends and fluctuations in gold rates across major cities in India.

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There has been a surprising surge in gold prices once again, catching many off guard. Initially, the price of Tulam gold skyrocketed to nearly Rs. 80,000, shocking everyone. However, this was followed by a gradual decline, only for the prices to climb back up to Rs. 70,000. Recently, gold rates have seen a significant uptick, reaching new heights. The price of Tulam gold has crossed the Rs. 76,000 mark, indicating a bullish trend.

Let’s take a closer look at the current gold and silver prices in various major cities across the country. In the national capital, Delhi, 10 grams of 22-carat gold is priced at Rs. 70,160, while 24-carat gold stands at Rs. 76,520. Moving to Mumbai, the prices are Rs. 70,010 for 22-carat gold and Rs. 76,370 for 24-carat gold. Similarly, in Chennai, the rates are Rs. 70,010 for 22-carat and Rs. 76,370 for 24-carat gold.

In Bangalore, 10 grams of 22-carat gold is priced at Rs. 70,010, with 24-carat gold at Rs. 76,370. In Hyderabad, the prices are consistent with Delhi and Mumbai, with 22-carat gold at Rs. 70,010 and 24-carat gold at Rs. 76,370. Visakhapatnam also mirrors these rates for both 22-carat and 24-carat gold.

While gold prices have been on the rise, silver prices have seen a slight decrease. On Wednesday, silver prices dropped by Rs. 100 per kilogram. As a result, cities like Delhi, Mumbai, and Pune are witnessing silver prices at Rs. 92,800 per kilogram. Conversely, Chennai, Hyderabad, Kerala, Vijayawada, and Visakhapatnam are experiencing higher silver prices at Rs. 97,900 per kilogram.

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Rising Vegetable Prices Amidst Post-Flood Challenges in Telugu States https://www.vizagone.com/news/rising-vegetable-prices-amidst-post-flood-challenges-in-telugu-states/ https://www.vizagone.com/news/rising-vegetable-prices-amidst-post-flood-challenges-in-telugu-states/#respond Mon, 16 Sep 2024 00:23:03 +0000 https://www.vizagone.com/?p=28130 The aftermath of heavy rains and floods in Telugu states has led to a sharp increase in vegetable prices, making it difficult for common people to afford essential produce. As crops suffer and yields decrease, the open market sees a surge in prices, impacting consumers' ability to purchase vegetables.

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The rains have ceased, and the floods have receded, but the challenges persist for the common man in Telugu states. The recent natural calamities have taken a toll on the cultivation of vegetables, resulting in a significant rise in prices across the region.

The damage caused by the floods has directly impacted the availability and affordability of vegetables for the local population. As the prices soar, many are expressing concerns about their ability to purchase essential food items.

In areas like Karimnagar district, where heavy rains have wreaked havoc on vegetable gardens, the yield has drastically decreased. Submerged crops and lost harvests have further exacerbated the scarcity, pushing prices to unprecedented levels.

Currently, the market reflects this crisis, with almost all varieties of vegetables hitting century marks in terms of pricing. Tomatoes, green chillies, legumes, berkaya, okra, carrots, cauliflower, greens, coriander, and mint are among the commodities witnessing sharp price hikes.

Previously, a modest sum of three hundred rupees could sustain a family for a week, but now, the same amount barely covers two days’ worth of vegetables. Onion prices have also surged, adding to the financial burden on consumers.

Traders anticipate that these elevated prices will persist until the arrival of new crops, prolonging the strain on household budgets. The community is calling for measures to ensure that vegetables remain affordable and accessible to all, especially amidst the current economic challenges.

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Gold and Silver Prices Skyrocket in India: Latest Updates https://www.vizagone.com/business/gold-and-silver-prices-skyrocket-in-india-latest-updates/ https://www.vizagone.com/business/gold-and-silver-prices-skyrocket-in-india-latest-updates/#respond Sat, 14 Sep 2024 01:20:24 +0000 https://www.vizagone.com/?p=27891 iscover the latest upheaval in the gold and silver markets across India as prices witness unprecedented fluctuations. Stay ahead of the curve with our comprehensive coverage of the evolving trends in precious metal prices.

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The prices of gold and silver in the country have sent shockwaves through the market. Following a sudden drop after the budget announcement, gold prices have been steadily declining. Gold holds a special place in Indian tradition, especially during weddings and auspicious occasions where gold shops are bustling with activity. However, recent developments have seen a surge in the price of gold against the backdrop of Libra.

On September 14th, the price of gold spiked to 1300 against the previous day’s rates, leaving many astonished, especially women who are active participants in the gold market. Currently, the domestic prices stand at Rs.68,260 for 10 grams of 22 carat gold and Rs.74,460 for 10 grams of 24 carat gold, with fluctuations expected based on regional dynamics.

In major cities like Chennai, Mumbai, Delhi, Hyderabad, Vijayawada, Bengaluru, and Kolkata, the prices of gold vary slightly but remain in the same range, signaling a broader trend in the market. Silver, following in gold’s footsteps, has also seen a significant increase in price, with a kilogram now priced at Rs.89,600 nationally and even higher in select regions like Chennai, Hyderabad, and Kerala where it stands at Rs.95,100.

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Gold Prices on the Rise Again: Latest Updates on Rates in Major Cities https://www.vizagone.com/business/gold-prices-on-the-rise-again-latest-updates-on-rates-in-major-cities/ https://www.vizagone.com/business/gold-prices-on-the-rise-again-latest-updates-on-rates-in-major-cities/#respond Thu, 29 Aug 2024 01:21:49 +0000 https://www.vizagone.com/?p=25555 The price of gold is once again on the rise in major cities across the country, signaling a shift in the market trend. Find out the latest updates on gold and silver rates in different cities.

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The price of gold, which had shown some stability in the past few days, is now witnessing a notable increase once more. Gold rates are on the uptrend in nearly all major cities across the country. Just recently, as the price of Tulam gold approached Rs. 70,000, there was a collective anticipation in the air. However, the latest trend indicates a surge in gold prices with rates gradually climbing up. Let’s delve into the current gold and silver prices in various key cities as of Thursday.

In the national capital Delhi, the price of 10 grams of 22-carat gold stands at Rs. 67,310, while 24-carat gold is priced at Rs. 73,410. Moving to the financial hub Mumbai, 22-carat gold is valued at Rs. 67,160, and 24-carat gold at Rs. 73,260. Similarly, in Chennai, the prices for 22-carat and 24-carat gold are Rs. 67,160 and Rs. 73,260, respectively. Kolkata echoes the same trend with 22-carat gold at Rs. 67,160 and 24-carat gold at Rs. 73,260.

Shifting focus to the Telugu states, Hyderabad reports 22-carat gold at Rs. 67,160 and 24-carat gold at Rs. 73,260 on Thursday. Vijayawada mirrors these rates with 22-carat gold priced at Rs. 67,160 and 24-carat gold at Rs. 73,260. In Visakhapatnam, the price for 22-carat Tulam gold is Rs. 67,160, while 24-carat gold per 10 grams is at Rs. 73,260.

Regarding silver prices, the inverse relationship with gold is apparent as gold’s increase coincides with a decrease in silver prices. On Thursday, the price of a kilogram of silver dropped to Rs. 100, resulting in a per kg silver price of Rs. 88,400 in Delhi, Mumbai, Kolkata, and Pune. Conversely, in Chennai, Kerala, Hyderabad, Vijayawada, and Visakhapatnam, the silver rate remains at Rs. 93,400 per kilogram.

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Gold Prices Surge in India as Wedding Season Boosts Demand https://www.vizagone.com/business/gold-prices-surge-in-india-as-wedding-season-boosts-demand/ https://www.vizagone.com/business/gold-prices-surge-in-india-as-wedding-season-boosts-demand/#respond Sun, 25 Aug 2024 01:32:12 +0000 https://www.vizagone.com/?p=24989 Gold prices are on the rise once again as the wedding season drives demand. Check out the latest prices of gold and silver in major cities across India.

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As it is the season of weddings, gold is gaining momentum again in India. After a brief period of relief when the Tulam gold price dropped to less than 70 thousand rupees, the gold prices are on the rise once more. The current price of 10 grams of 24-carat gold has surpassed the 73 thousand rupees mark, with prices remaining stable in major cities across the country.

In Mumbai, the financial capital of India, the price of 10 grams of 22-carat gold is 66,950 rupees, while 24-carat gold is priced at 73,400 rupees. In Delhi, the national capital, 10 grams of 22-carat gold costs 67,100 rupees, and 24-carat gold is priced at 73,190 rupees. Similar prices are seen in Chennai, Kolkata, and Bangalore for both 22 and 24-carat gold.

In the Telugu states, cities like Hyderabad, Vijayawada, and Visakhapatnam are witnessing consistent prices for both 22 and 24-carat gold. The silver prices, however, remain stable across the country, with variations in different cities like Delhi, Mumbai, Kolkata, Pune, Hyderabad, Vijayawada, Visakhapatnam, Chennai, and Kerala.

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