New Delhi– In the domestic bullion market, both gold and silver have continued their upward momentum, reaching new record highs today. Gold climbed by ₹1,110 to ₹1,380 per 10 grams, while silver surged nearly ₹5,900 per kg, reflecting strong investor demand and market optimism.
Gold & Silver Prices Touch New Peaks Across Cities
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In major cities, 24-carat gold was trading within ₹1,25,080 to ₹1,25,230 per 10 grams.
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22-carat gold ranged between ₹1,14,650 and ₹1,14,800 per 10 grams.
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Silver in the Delhi bullion market hit ₹1,80,000 per kilogram.
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Other cities also saw similar high levels:
• Mumbai: 24K at ₹1,25,080 / 10g; 22K at ₹1,14,650 / 10g.
• Ahmedabad: 24K at ₹1,25,130 / 10g; 22K at ₹1,14,700 / 10g.
• Chennai, Kolkata and others matched similar pricing.
• Lucknow: 24K at ₹1,25,230 / 10g; 22K at ₹1,14,800 / 10g.
• Patna: 24K at ₹1,25,130 / 10g; 22K at ₹1,14,700 / 10g.
• Jaipur: 24K at ₹1,25,230 / 10g; 22K at ₹1,14,800 / 10g.
Weekly Gains: Strong Momentum
Over the past week:
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24-carat gold jumped ₹5,680 per 10 grams in many markets.
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22-carat gold appreciated by about ₹5,200 per 10 grams.
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Silver’s rise was even more dramatic — ₹25,000 per kilogram in that period.
What’s Boosting the Rally?
Experts attribute this rally to several factors:
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Safe-haven demand amid global uncertainties
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Weakness in the rupee, making precious metals more expensive for importers
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Anticipation of interest rate cuts by the U.S. Federal Reserve
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Momentum in global bullion markets pushing Indian prices higher
In recent reports, gold and silver have already been hitting new all-time highs in India
