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Gold Prices Surge in Hyderabad Amid Weak Dollar, Geopolitical Shifts

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News18•12-03-2026, 04:58

Gold Prices Surge in Hyderabad Amid Weak Dollar, Geopolitical Shifts

•Gold prices saw a slight increase in Hyderabad on Wednesday, driven by a weakening US dollar and geopolitical shifts.
•24-carat gold (10 grams) rose by Rs. 930 to Rs. 1,63,310; 22-carat gold increased by Rs. 850 to Rs. 1,49,700.
•International recovery attributed to US dollar weakening after Donald Trump's remarks on the US-Iran conflict.
•Silver prices remained stable in Hyderabad at Rs. 3,00,000 per kg, with expectations of a rise by Diwali.
•Experts like Nikos Kavalis predict an optimistic long-term outlook for gold, which has already grown over 20% this year.

Read Full Article on News18 in Telugu

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