Gold Prices Surge Over ₹7,000 in Four Days as Investors Seek Safe Haven
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Gold Prices Soar: Rs 7,000 Jump in 4 Days, Silver Up Rs 40,000 in 5 Days
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News18•23-02-2026, 10:35
Gold Prices Soar: Rs 7,000 Jump in 4 Days, Silver Up Rs 40,000 in 5 Days
•Gold prices have surged by over Rs 7,000 per tola in just 4 days, while silver has jumped by Rs 40,000 per kilogram in 5 days, shocking investors.
•On February 23, 24-carat gold increased by Rs 2,070, 22-carat by Rs 1,900 per 10 grams, and 18-carat by Rs 1,550.
•Silver prices rose by Rs 10,000 per kilogram on February 23, reaching Rs 3,00,000, with one tola at Rs 3,000.
•Global economic conditions, a strong US dollar, and interest rate expectations are influencing the price surge, as highlighted by the Augmont Bullion Report.
•Investors are now awaiting the Federal Reserve's January meeting minutes for signals on future interest rates, which will impact precious metal movements.