Gold Prices Soar: Will a Tola Reach ₹2 Lakh? Hyderabad Market Sees Sharp Rise

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News18•10-01-2026, 16:46
Gold Prices Soar: Will a Tola Reach ₹2 Lakh? Hyderabad Market Sees Sharp Rise
- •Gold prices in Hyderabad surged on January 10, with 24-carat gold rising by ₹1,150 to ₹1,40,460 per 10 grams.
- •22-carat gold, used for jewelry, increased by ₹1,050, reaching ₹1,28,750, indicating strong market momentum.
- •The year 2025 saw gold prices jump 65% and silver prices surge 148% due to global economic shifts, political instability, and rising government debt.
- •Gold's role has evolved from a safe haven to a crucial macro asset, driven by central bank purchases, declining trust in the US dollar, and de-dollarization trends.
- •Silver's rally is attributed to persistent supply deficits and soaring industrial demand from sectors like solar energy, EVs, and AI infrastructure.
Why It Matters: Gold and silver prices are on an upward trajectory due to global economic shifts, with a potential to reach new highs.
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