Hyderabad Bullion Sees Gold Hit New Peak, Silver's Biggest Weekly Gain in Months

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Gold Hits New High, Silver Soars in Hyderabad Bullion Market Amid Geopolitical Tensions

Gold Hits New High, Silver Soars in Hyderabad Bullion Market Amid Geopolitical Tensions

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News18•24-02-2026, 10:46

Gold Hits New High, Silver Soars in Hyderabad Bullion Market Amid Geopolitical Tensions

•Gold and silver prices have rebounded sharply after briefly cooling off in February.
•Geopolitical tensions, particularly between the US and Iran, are reigniting the rally in precious metals.
•24-carat gold (10 grams) in Hyderabad reached Rs 1,61,350, up Rs 2,070 from previous close, with a five-day increase of Rs 7,050.
•Silver (per kg) in Hyderabad jumped by Rs 10,000 to Rs 3,00,000, surging Rs 40,000 per kg in five days.
•Union Finance Minister Nirmala Sitharaman attributes rising gold prices to heavy purchases by central banks worldwide due to global uncertainties.

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Representational image (Image: News18)

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