Gold, Silver Prices Skyrocket to Record Highs Amid Safe-Haven Demand

• Gold and silver prices surge for three consecutive days, reaching record highs in both domestic and international markets.
• In Hyderabad, 24-carat gold increased by Rs. 380/10g, 22-carat by Rs. 350/10g, and silver by Rs. 10,000/kg.
• International gold touched $4,525.19/ounce, silver $72.70/ounce, platinum $2,377.50/ounce, and palladium hit a 3-year high.
• Surge driven by safe-haven demand, US interest rate cut expectations, central bank purchases, de-dollarization, and US-China tensions.
• Expert predicts gold to reach $5,000 and silver $80 in 6-12 months; gold up 70%, silver up 150% this year.

Why It Matters: Gold and silver hit unprecedented highs driven by global economic shifts and safe-haven demand.