Hyderabad, Oct. 17 -- The gold rates in Hyderabad and other Indian districts are likely to touch Rs 1.5 lakh per 10 grams by 2026.

Since last Dhanteras, the yellow metal has generated returns of approximately 63 per cent in rupee terms and 53 per cent in dollar terms.

Factors driving surge

As per a report from Ventura Securities, dovish signals from the U.S. Federal Reserve, ETF inflows, and central bank purchases are driving the surge in gold rates in Hyderabad, other Indian cities and globally.

Gold prices have skyrocketed since March 2025, rising from $3,000 an ounce to around $4,254. In India, prices increased from Rs.78,840 per 10 grams on Dhanteras 2024 to Rs.128,200 currently.

"Starting the next rally from Dhanteras 2025, the ...