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Gold rates witnessed a sharp rally in the Hyderabad bullion market today. The price of 10 grams of 24-carat gold jumped by ₹3,160 to ₹1,64,730, while 22-carat gold climbed ₹2,900 to ₹1,51,000. Silver also surged, with one kg rising ₹5,000 to ₹3,00,000. Similar trends were reported across both Telugu states, reflecting strong demand and market momentum.