Hyderabad, Feb. 8 -- Gold rates in Hyderabad have surged to historic levels by crossing the Rs 87,650 mark for 24-carat gold. The unprecedented rise reflects a growing trend in gold prices across India which is driven by global economic concerns and market volatility.

Gold rates in Hyderabad at an all-time high

As of today, the price of 10 grams of 22-carat gold in Hyderabad stands at Rs 79,450 whereas 24-carat gold has soared to Rs 87,650.

This marks an increase of around 4 percent from last week when 24-carat gold was at Rs 84,000, while 22-carat gold stood at Rs 77,300.

Hyderabad's spike in gold prices is part of a nationwide trend as other major cities like Mumbai, Delhi, and Bengaluru also witnessing substantial increases. The ri...