Gold, Silver Prices Surge: Hyderabad Sees Sharp Rise; 24K Gold Hits Rs 1,62,380
Gold, Silver Prices Surge: Hyderabad Sees Sharp Rise; 24K Gold Hits Rs 1,62,380
- •International gold prices recovered to $5,100, while silver surged 4% on Tuesday (March 10, 2026) due to a weakening US dollar and geopolitical shifts.
- •In Hyderabad, 24-carat gold (10 grams) increased by Rs. 700 to Rs. 1,62,380; 22-carat gold rose by Rs. 650 to Rs. 1,48,850.
- •Silver prices in Hyderabad saw a massive jump of Rs. 10,000 per kilogram, reaching Rs. 3,00,000.
- •Analysts attribute the rise to a weaker dollar after US President Donald Trump's comments on the Iran war nearing its end.
- •Silver prices are projected to increase further by Diwali this year, driven by industrial demand, while gold remains a safe-haven investment.
