Hyderabad, July 22 -- Gold rates in Hyderabad once again surged on Tuesday, July 22, to hit a near all-time high due to uncertainties.

Amid a pick-up in demand, the price of 10 grams of 24-carat gold reached Rs 1,01,290 on Tuesday.

Reason for surge

Bullion traders said that the pick-up in demand helped the rally in the precious metal.

Moreover, gold rose on Tuesday amid uncertainties related to US tariff policy and a pullback in the US dollar.

Uncertainty also prevails as traders are closely monitoring the US trade agenda alongside key US macroeconomic data.

Gold rates trend in Hyderabad

As of Tuesday, the price of 10 grams of 22-carat gold in Hyderabad stands at Rs 92,850, whereas 24-carat gold has surged to Rs 1,01,290.

However,...