Hyderabad, Jan. 13 -- Gold rates in Hyderabad and other cities in India have once again crossed 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 demand for safe-haven investments.

Gold rates in Hyderabad near all-time high

As of today, the price of 10 grams of 22-carat gold in Hyderabad stands at Rs 73,400, while 24-carat gold has surged to Rs 80,070.

These figures reflect a 2.65 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.

Today's rates have climbed by Rs 400 for 22-carat gold and Rs 430 for 2...