Hyderabad, Jan. 23 -- Gold rates in Hyderabad and other cities in India have reached an all-time high by crossing the Rs 80,000 mark for 24-carat gold.

The jump in prices is due to multiple reasons, with one of the prominent factors being the concerns surrounding US President Donald Trump's trade policies.

Gold rates in Hyderabad at all-time high

As of today, the price of 10 grams of 22-carat gold in Hyderabad stands at Rs 75,250, while 24-carat gold has surged to Rs 82,090.

These figures reflect a 5.24 percent increase in gold prices for both 22-carat and 24-carat gold compared to the beginning of the month.

At the start of January, 22-carat gold was priced at Rs 71,500, and 24-carat gold was at Rs 78,000.

Hyderabad's spike in gold...