Gold, Silver Prices Soar: 22K Gold Jumps Rs 1,750, 24K by Rs 1,911 in a Day!

• Gold prices experienced a significant surge today, with 22-carat gold increasing by Rs. 1,750 per 10 grams and 24-carat gold by Rs. 1,911 per 10 grams.
• The sudden hike, especially during the wedding season, is impacting middle-class families and causing hesitation among buyers.
• International market influences, increased domestic demand, and investors' inclination towards gold as a safe haven are driving the price surge.
• Hyderabad, Vijayawada, and Visakhapatnam reported exceptionally high gold prices, with 22-carat gold reaching Rs. 1,46,000 and 24-carat gold Rs. 1,59,280.
• Silver prices also saw a massive increase of Rs. 20,000 per kg, reaching Rs. 2.9 lakhs, attributed to industrial demand and investment.