Gold and Silver Prices Surge Again..

Gold and silver prices have witnessed a sharp rebound after several days of decline, surprising buyers across the country. The rise follows a recovery in international bullion markets, where spot gold climbed to around $4,090 per ounce and silver advanced to nearly $59 per ounce. Domestic bullion prices also moved higher in line with global trends, reversing the recent downward movement.

In Hyderabad, the price of 22-carat gold increased by Rs. 1,100 per 10 grams, taking the rate to Rs. 1,31,950. Meanwhile, 24-carat gold rose by Rs. 1,200 to Rs. 1,43,950 per 10 grams. Silver prices remained firm at Rs. 2.45 lakh per kilogram. Although gold prices had declined by more than Rs. 6,000 over the previous three sessions, they have recovered significantly in the last two days amid changing market sentiment.