Hyderabad: Gold Rate Nears Rs 1.62 Lakh, Silver Touches New High

Gold and silver prices in Hyderabad scaled fresh highs on January 27. Twenty-four-carat gold stood at Rs 1,61,950 per 10 grams, while 22-carat gold was Rs 1,48,450. Silver jumped to Rs 3,87,000 per kg, tracking a weaker dollar, MCX gains, safe-haven demand and expectations of global rate cuts amid firm industrial demand and geopolitical uncertainty.