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Global Tensions Drive Hyderabad Gold Prices Upward: Is This the Right Time to Buy?
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Hyderabad Bullion Market on Edge: Gold Prices Soar Amid Global Tensions
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News18
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26-02-2026, 13:29
Hyderabad Bullion Market on Edge: Gold Prices Soar Amid Global Tensions
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Gold and silver prices are rising again in Hyderabad due to renewed global tensions, reversing a February correction.
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US-Iran tensions are driving safe-haven demand, pushing up bullion rates since February 19.
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On Wednesday, 24-carat gold (10 grams) in Hyderabad rose by Rs 110 to Rs 1,61,890; silver (1 kg) jumped by Rs 5,000 to Rs 2.95 lakh.
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MCX and international markets also show significant gains, with gold April futures up 0.71% and silver March futures up 2.86%.
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Experts advise close monitoring of global developments, economic conditions, and currency movements before investing.
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