Gold, Silver Prices Surge: Gold Crosses 1.5 Lakh, Silver Hits 2.5 Lakh After Crash

Personal Finance
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CNBC Awaaz•04-02-2026, 08:40
Gold, Silver Prices Surge: Gold Crosses 1.5 Lakh, Silver Hits 2.5 Lakh After Crash
- •Gold and silver prices have seen a significant rebound after a three-day decline, with silver showing the fastest recovery.
- •Silver prices have surged to approximately ₹2.5 lakh per kilogram, recovering from a ₹2 lakh drop from its peak.
- •Gold prices have also strengthened, with 24-carat gold surpassing ₹1.5 lakh per 10 grams.
- •The rally is attributed to a weaker US dollar, demand for safe-haven investments, and fresh buying by investors in India.
- •Market experts predict continued fluctuations but a strong long-term outlook for gold.
Why It Matters: Gold and silver prices have rebounded sharply, with silver hitting ₹2.5 lakh and gold crossing ₹1.5 lakh.
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