Gold and Silver Prices on the Rise

Gold and silver prices continue to set new records on a daily basis. Ongoing uncertainty in international markets and rising geopolitical tensions have prompted investors to shift toward safe-haven assets, leading to a significant increase in demand for gold and silver. As a result, domestic markets have witnessed a sharp surge in precious metal prices.

On the morning of January 28, gold prices rose substantially in Hyderabad. The price of 24-carat gold reached ₹1,69,500 per 10 grams, while 22-carat gold was priced at ₹1,56,950 per 10 grams. Silver prices also maintained strong upward momentum, with the price of silver in Hyderabad climbing to ₹3,77,600 per kilogram. Notably, silver prices have been registering consistent gains over the past several days.

According to experts, fluctuations in the US dollar, central bank monetary policies, and evolving geopolitical developments in global markets are the key factors driving the surge in gold and silver prices.

Note: Gold and silver prices are subject to frequent changes based on market conditions. Buyers are advised to verify the latest rates before making any purchase decisions.