Gradual Rise in Gold Prices
Gold prices in India have been steadily rising each day this week. Investors are gravitating towards gold—a safe-haven asset—driven by expectations that the US Federal Reserve will not hike benchmark interest rates and by ongoing tensions in West Asia. According to the Good Returns website, as of 11:00 AM today (August 19), the price of 10 grams of 24-carat gold in the Hyderabad bullion market stands at ₹1,55,900. The price for 10 grams of 22-carat gold is ₹1,42,910.








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