BusinessPhoto: The HinduGold Rush Causes Traffic Jam in Hyderabad's Panjagutta on Dhanteras
On November 6, 2026, Panjagutta in Hyderabad experienced severe traffic congestion as crowds flocked to the jewellery hub during Dhanteras, an auspicious day for buying gold. Despite the rush, jewellers reported insufficient sales. Gold prices have dropped significantly over the past month, with 24-carat gold priced at ₹1,43,460 per tola, down from ₹1,75,231 in January 2026.
The Hindu··Hyderabad




