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Gold Prices Surge: Shocking Hike for Buyers, Hyderabad Rates Updated
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Gold Prices Soar Unexpectedly After 5-Day Dip; Hyderabad Rates Jump Sharply
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News18
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08-03-2026, 04:48
Gold Prices Soar Unexpectedly After 5-Day Dip; Hyderabad Rates Jump Sharply
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Gold prices surged sharply on Saturday, ending a five-day decline and surprising buyers.
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International market uncertainty and escalating Middle East tensions are key factors behind the sudden price hike.
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In Hyderabad, 10 grams of 24-carat gold increased by Rs. 2,510 to Rs. 1,63,640; 22-carat gold reached Rs. 1,50,000.
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Silver prices remained stable on Saturday, with 1 kilogram available at Rs. 2,90,000.
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MCX gold and silver futures also saw significant gains, reflecting global market trends and safe-haven demand.
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