New Delhi, September 9 – Gold prices surged to an unprecedented ₹1,12,750 per 10 grams in the national capital on Tuesday, rising by ₹5,080 in a single session amid strong international trends.
According to the All India Sarafa Association, gold of 99.9 per cent purity had settled at ₹1,07,670 per 10 grams on Monday. Silver also joined the rally, climbing ₹2,800 to reach an all-time high of ₹1,28,800 per kilogram, inclusive of taxes, against ₹1,26,000 per kg in the previous trade.
In global markets, bullion prices hit fresh highs with gold touching $3,659.27 per ounce before easing slightly to $3,652.72, still up $16.81 or 0.46 per cent.
Market experts said weak US labour market data released last week heightened expectations of monetary policy easing, prompting investors to shift towards safe-haven assets like gold. The weakening of the US dollar further supported the upward momentum, with the dollar index slipping 0.17 per cent to 97.29.
Gold Prices Hit Record High of ₹1.12 Lakh in Delhi as Global Rally Boosts Bullion
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