Hyderabad, May 13 (Maxim News): The Central government has suddenly increased the duty on gold and silver imports to 15 percent, which has also started the heat in the retail markets. The increase in the price of gold by Rs. 1400per gram overnight has shocked the common man. That is, the price of gold has increased by Rs. 14,000 per 10 grams (weight). In the same order, the price of silver has increased by Rs. 20,000 per kg. If the rates are like this, why buy gold, say the common man.
They say that it is now difficult to buy gold due to the additional burden imposed by traders such as GST, depreciation, and making charges in addition to the increased rates. It is very important for people who want to shop in this order to first check the increased retail selling price in various cities in the Telugu states.
Gold rates increased significantly on May 13. The rate of 24 carat gold per gram increased by Rs. 1391 per gram across the country compared to May 12, With this, the pure gold rate in the cities of Hyderabad, Warangal, Nizamabad, Khammam, Vijayawada, Visakhapatnam, Tirupati and kadapa continues to be Rs. 16,789. The rate of 22 carat old in these cities continues to be Rs. 15,390 per gram.
When it comes to silver rates on Wednesday, it increased by Rs. 20,000 per kg on May 13, 2026. With this, the rate of pure silver per kg in the major cities of the two Telugu states, Hyderabad, Warangal, Nizamabad, Khammam, Vijayawada, Visakhapatnam, Tirupati and kadapa, shocked the market by reaching Rs. 3 lakh per kg. This means that the gram will continue to be around Rs. 300. (Maxim News)
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