Gold, Silver Hit Record Highs; Gold Jumps ₹5000 in 6 Days

• Gold and silver prices have reached new all-time highs in India.
• In Hyderabad on December 15, 24K gold increased by Rs. 820 to Rs. 1,34,730 per 10 grams.
• Silver prices in Hyderabad rose by Rs. 3,000 per kg today, reaching Rs. 2,13,000 per kg, and have increased by Rs. 17,000 in the last 8 days.
• Market experts link the price surge to the Federal Reserve's recent 0.25% interest rate cut.
• Indian gold rates are influenced by international prices, import duties, taxes, and exchange rate fluctuations.

Why It Matters: Record gold and silver prices deliver an unexpected shock to buyers and investors.