Gold and Silver Prices Skyrocket in Jalgaon: A Historic Surge Amid Wedding Season

• Jalgaon's bullion market witnesses a historic surge in gold and silver prices, with gold increasing by 2,000 rupees in a single day.
• Silver prices have seen a record jump of 10,000 rupees, crossing the 3 lakh mark to reach 3,03,850 rupees.
• Gold prices have soared to 1,48,000 rupees, making jewelry purchases challenging for customers during the wedding season.
• Key reasons for the hike include international instability, high demand during the wedding season, and investors shifting to gold and silver as safe investments.
• Customers are postponing purchases, with many opting for online investments like ETFs and silver bonds instead of physical jewelry.

Why It Matters: Jalgaon sees unprecedented gold and silver price hikes, disrupting wedding season budgets and shifting investment trends.