Unpredictable Gold & Silver: Prices Soar Today, Silver Jumps ₹11,000/kg!

• Gold and silver prices surged today after a decrease yesterday, showing daily volatility.
• Silver price in Hyderabad saw a massive increase of ₹11,000 per kilogram, reaching ₹2,22,000.
• 24-carat gold rose by ₹650/10g, 22-carat by ₹600/10g, and 18-carat by ₹490/10g in Hyderabad.
• MCX gold and silver futures also recorded significant gains, reflecting the upward trend.
• Indian demand (weddings, investment) and global factors like import duties and currency rates drive price changes.

Why It Matters: Gold and silver prices are highly volatile, with today seeing significant surges, especially for silver.