•Gold prices in India are volatile, with 24-carat gold (10 grams) nearing Rs 1.50 lakh, making investment decisions difficult for buyers.
•On Saturday, 24-carat gold rose by Rs 2,510 to Rs 1,48,090, 22-carat by Rs 2,300 to Rs 1,35,750, and 18-carat by Rs 1,880 to Rs 1,11,070.
•Silver prices also increased, with a Rs 5,000 jump per kg on Friday, now at Rs 2,50,000 per kg.
•Rising prices are attributed to geopolitical tensions in the Middle East, currency fluctuations, increasing crude oil prices, and central banks boosting gold reserves.
•Analysts predict continued volatility; gold could cross Rs 1.50 lakh if global tensions persist, but positive developments might ease prices.
