Gold Reaches Unprecedented Peak Amid Global Tensions

Gold prices in Delhi have skyrocketed to a record-breaking Rs 98,170 per 10 grams, marking a significant surge amidst growing global uncertainties. This rise follows a previous sharp increase, underscoring gold's enduring appeal as a safe investment during volatile times.

Silver Prices Experience a Sharp Decline

In contrast to gold's ascent, silver prices have taken a hit, dropping by Rs 1,400 to Rs 98,000 per kilogram. This downturn highlights the divergent paths precious metals can take in response to global economic signals.

Global Factors Influencing Precious Metals

Experts point to a weaker dollar, escalating trade tensions, and concerns over global economic growth as key drivers behind gold's rally. Meanwhile, anticipation around upcoming U.S. macroeconomic data and the European Central Bank's policy decision adds another layer of uncertainty to the market.