Gold prices in the national capital climbed by ₹250 to ₹99,020 per 10 grams due to rising demand from stockists, as reported by the All India Sarafa Association on Monday. The surge in gold prices was driven by various factors, including global uncertainties and a weakening U.S. Dollar.
Key Highlights:
• Gold prices rose by ₹250 to ₹99,020/10g in the national capital.
• Silver prices also increased by ₹500 to ₹1,11,000/kg.
• Global spot gold prices surged by $15.16 to $3,365.56/ounce.
• Analysts attribute the rise to uncertainties in U.S. tariff policies and currency movements.
• Traders are closely monitoring U.S. trade policies and economic indicators for further market cues.
The rally in gold and silver prices underscores the importance of global economic dynamics on the Indian market and investment opportunities.
Source: Business News Today, Latest Finance News | The Hindu