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Buyers Find Relief as Gold Prices Fall Following Week-Long Ascent Amid Global Instability
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Gold Prices Dip After Week-Long Surge, Offering Relief to Buyers Amid Global Tensions
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News18
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27-02-2026, 13:08
Gold Prices Dip After Week-Long Surge, Offering Relief to Buyers Amid Global Tensions
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Gold prices saw a slight dip on Thursday after a continuous rise since February 19, providing some relief to buyers.
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The drop, though modest (Rs 65 to Rs 87 per gram), comes after a surge driven by geopolitical tensions between the US and Iran.
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In Hyderabad, 10 grams of 24-carat gold fell by Rs 870 to Rs 1,61,020, while 22-carat gold dropped by Rs 800.
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Silver prices remained unchanged in Hyderabad, trading steady at Rs 2.95 lakh per kilogram.
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On MCX, gold slipped 0.73%, and silver saw a sharper fall of 3.21%, though international prices remained largely stable.
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