Gold Prices Surge ₹1,050, Silver Jumps ₹1,300 Amid Global Market Trends

The price of pure gold (99.9%) increased by ₹1,050 to ₹1,61,450 per 10 grams (including all taxes), according to the All India Sarafa Association. | Business News

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Gold prices in Delhi rose by ₹1,050 to ₹1,61,450 per 10 grams on Tuesday, following a global price hike and a weaker US dollar. Silver prices also surged by ₹1,300 to ₹2,71,000 per kilogram.

International spot gold prices climbed 1% to USD 4,528.75 per ounce, while silver prices rose 2% to USD 76.29 per ounce.

Market analysts attributed the rise in gold and silver prices to stronger global market trends, a weaker US dollar, lower crude oil prices, and softer bond yields.