Gold prices steady in Hyderabad; silver holds firm
HYDERABAD: Gold and silver prices remained largely stable on Saturday, offering limited relief to buyers after recent volatility in bullion rates.
Market watchers say gold prices, which surged sharply over the past year, are now seeing corrections as demand has softened following record highs. A fall in prices typically revives buying interest, while steep increases tend to dampen demand. With gold becoming expensive, retail buyers have stayed away, forcing prices to ease.
Sharp rally, then correction
Gold witnessed an unprecedented rally in 2025, rising over 60% in a single year. This marked the steepest annual increase since 1979. Analysts attribute the surge to global geopolitical tensions and economic uncertainty, which pushed investors towards traditional safe-haven assets.
Experts say investors have preferred gold over riskier assets amid fears linked to international conflicts and macroeconomic instability.
Prices fall, but still elevated
Over the past four to five days, gold and silver prices have declined sharply after climbing to record levels. Despite the correction, prices are still not within comfortable reach for most consumers. Many holders rushed to sell gold and silver during the peak, while long-term investors continued to accumulate.
Market specialists believe bullion prices could face further correction in the coming days.
Today’s bullion rates
According to rates recorded at 6 am in the Hyderabad bullion market:
22-carat gold: ₹ 1,47,200 per 10 grams
24-carat gold: ₹ 1,60,580 per 10 grams
Silver: ₹ 3,20,000 per kg
Prices may see minor changes by afternoon, traders said.
