Gold Prices Soar in Hyderabad: 24-Carat Jumps by Rs 1910 per 10 Grams

• Gold prices in Hyderabad have surged again, with 24-carat gold increasing by Rs. 1910 per 10 grams to Rs. 1,59,280.
• 22-carat gold, commonly used for jewelry, also saw a significant rise of Rs. 1750 per 10 grams, reaching Rs. 1,46,000.
• Silver prices increased by Rs. 20,000 per kg, now priced at Rs. 2,90,000, with a 'tola' costing Rs. 2,900.
• Key factors driving the surge include US-Iran tensions, Trump's tariff policy, a weakening dollar, and increased central bank gold purchases.
• Technical reasons, such as significant 'dip buying' after a mid-February price drop, also contributed to the rapid increase.