Gold Prices Surge: Check Hyderabad Rates Before Purchasing
Geopolitical uncertainties are causing fluctuations in gold prices, making them a focal point for investors. Recent trends in Hyderabad’s bullion market highlight this situation.
Current Gold Rates in Hyderabad
As of February 28, 2026, gold prices in Hyderabad have shown an upward trajectory. Here are the latest rates per 10 grams:
- 24-carat gold: Rs 1,61,570 (up Rs 550)
- 22-carat gold: Rs 1,48,100 (up Rs 500)
- 18-carat gold: Rs 1,21,180 (up Rs 410)
This increase reflects heightened demand, both globally and locally, as investors seek safe haven assets in light of ongoing instability.
Silver Prices Stay Stable
In contrast to the surge in gold, silver prices in Hyderabad remain steady. The current rate is:
- Silver price per kg: Rs 2.95 lakh
Silver prices have held firm amidst global market volatility, indicating a stable interest from investors.
Market Analysis
On the Multi-Commodity Exchange (MCX), gold prices rose by 1.42% in a single day, with April futures at ₹1,61,971. Silver futures also experienced a significant increase of 5.67%, trading at Rs 2,74,389.
Market factors affecting these prices include economic conditions, the strength of the US dollar, and ongoing geopolitical tensions. Experts anticipate that these elements will continue to influence gold and silver prices in the near future.
Investment Recommendations
Buyers are advised to closely monitor market trends before making any purchase decisions. The current geopolitical landscape, particularly tensions involving the United States and Iran, could further affect gold prices.
As gold prices rise, understanding these dynamics becomes crucial for savvy investors.
