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Gold price rises, silver prices jump to record high; check latest price
Geopolitical risks and Donald Trump's tariff plans boosted investment in gold. This led to a rise in gold prices again. Apart from this, the fall in the US dollar and treasury yields also supported gold prices. At the same time, silver prices have also risen to a record high due to increased demand for industrial and jewelry. Let's know the latest price of gold and silver.
Gold and silver prices fell sharply after two days of decline on Wednesday. Bullion prices jumped sharply amid strong global trends and buying by local jewelers. Silver jumped to Rs 95,800 per kg with the biggest single-day rise of Rs 5,200.
According to the All India Sarafa Association, gold of 99.9 percent purity rose by Rs 650 to Rs 78,800 per 10 grams in the national capital on Wednesday. The yellow metal had fallen by Rs 2,250 in the last two sessions. On Tuesday, it closed at Rs 78,150 per 10 grams.
Silver recorded the biggest single-day jump of Rs 5,200 after a gap of two weeks in the national capital. In the national capital, previously, the biggest jump of Rs 5,000 was recorded in the price of the metal on October 21. Silver lost Rs 2,700 in the last two days and was quoted at Rs 90,600 per kg in Tuesday's session.
