Wed Oct 08 00:30:00 UTC 2025: Okay, here’s a summary of the text and a rewritten version as a news article:
**Summary:**
Gold and silver prices in Hathras, India, have surged to record highs, with gold reaching ₹123,500 per 10 grams and silver reaching ₹154,500 per kilogram. Experts attribute this surge to increased demand during the festive season, rising investments, and global factors like US tariff policies and ongoing wars affecting global economics. The price increase has caused concerns for consumers but has proven to be a boon for investors, many of whom suggest precious metals such as silver as a sound investment option.
**News Article:**
**Gold and Silver Prices Skyrocket to Record Highs in Hathras**
**Hathras, India -** Gold and silver prices in Hathras have hit unprecedented levels, sending ripples through the local economy. As of today, the price of gold has reached ₹123,500 per 10 grams, while silver is trading at a staggering ₹154,500 per kilogram.
Local jewelers and financial experts cite a confluence of factors driving the price surge. The approaching festive season and the wedding season (“Sahalag”) are contributing to increased demand for the precious metals. Furthermore, a surge in global investments in gold and silver is exacerbating the price increase.
“We’re seeing a significant increase in demand as people prepare for upcoming festivals,” said Saurabh Aggarwal, a local jeweler. “The higher prices are definitely causing some customers to consider lighter jewelry options.”
Experts also point to international factors influencing the market. “US tariff policies and the ongoing geopolitical tensions around the world are pushing investors towards safe-haven assets like gold and silver,” explained Manish Taliwal, a local CA. “The recent conflicts in various regions have created uncertainty, prompting a flight to safety.”
Investors have benefited from the rise in prices. Rajesh Agarwal, another jeweler, noted that silver prices have increased by ₹65,000 per kilogram, and gold has increased by ₹44,000 per 10 grams, over the past year. With the potential for continued growth, investors are encouraged to invest further in precious metals.
The price hike has also raised concerns among consumers, particularly those planning weddings or purchasing gold and silver for festivals. Many are now re-evaluating their budgets and opting for lighter jewelry designs.
Local jewelers anticipate prices will continue to rise as Diwali approaches, and encourage those looking to invest in gold and silver to act quickly.
“We’re seeing daily increases of ₹500 to ₹1500 in both gold and silver,” warned Ramanmurti Sharma, a local jeweler. “We expect prices to reach record levels by Diwali.”