Gold Prices Hit All-Time High

Gold prices in the national capital surged by Rs 50 on Tuesday, matching the all-time high of Rs 96,450 per 10 grams recorded last week, according to the All India Sarafa Association. This rebound comes after a slight dip on Monday, highlighting gold's enduring appeal as a safe haven during economic turbulence.

Silver Also Sees Significant Gains

Silver prices experienced a sharp increase, rising by Rs 2,500 to trade at Rs 97,500 per kilogram. This surge is attributed to renewed industrial demand, marking a recovery from Monday's drop of Rs 500.

International Markets Respond

In the global arena, spot gold climbed by $13.67 or 0.43% to $3,224.60 an ounce, with Comex gold futures for June delivery also seeing a rise. Spot silver, however, faced a slight decline in Asian trading hours.

"Gold prices remain steady near all-time highs, buoyed by a weakening dollar and persistent uncertainty surrounding US trade policy," said Chintan Mehta, CEO at Abans Financial Services. Investors are eagerly awaiting cues from upcoming speeches by key financial leaders and macroeconomic data releases.