NEW DELHI: Gold prices surged by Rs 750 to hit a record high of Rs 80,650 per 10 grams while silver skyrocketed by Rs 5,000 per kg in the national capital on Monday, according to the All India Sarafa Association.
Extending its gains for the fourth straight day, silver prices spurted by Rs 5,000 to hit a fresh record high of Rs 99,500 per kg from the previous close of Rs 94,500 per kg on Friday.
According to commodities market experts, the ongoing bullish sentiment in the silver market is primarily driven by industrial demand and gold's rally.
Silver's upward momentum appears strong. Investors are likely to continue to view dips as buying opportunities, keeping the white metal well-supported in the coming sessions, they said.
Additionally, gold of 99.5 per cent purity climbed Rs 750 to hit a new record high of Rs 80,250 per 10 grams.
Esta historia es de la edición October 22, 2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición October 22, 2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Timothée Chalamet triumphs with BEST ACTOR AWARD
The ceremony saw a pair of twists that added a few final wrinkles to an unusually unpredictable awards season
Kate regrets not doing 'The Devil Wears Prada'
The 45-year-old actress said she was committed to several other projects when the film was offered to her
World optimistic about India for first time, says PM Modi
Madhya Pradesh aims to double economy in 5 years, boost PM Modi’s 35T vision 2047: CM Yadav
Effective Streamlining
The proposed Income Tax Bill 2025 aims to simplify India's tax laws by removing redundant provisions, reducing litigation, and enhancing clarity, ensuring a smoother transition while maintaining continuity in tax policies
Gold rises ₹350 to reclaim ₹89K-mark
Gold prices rose Rs 350 to trade near a record high at Rs 89,100 per 10 grams in the national capital on Monday amid firm global trends, according to the All India Sarafa Association.
MCD Unveils House Tax Waiver
In a significant move ahead of Holi, the AAP-led Municipal Corporation of Delhi (MCD) has announced a substantial house tax relief for Delhi residents.
Fire Breaks Out in Delhi Restaurant
A fire broke out in a restaurant in New Delhi's Connaught Place on Monday evening, an official of the Delhi Fire Services said.
Top foreign leaders' pack descend on Ukraine in a show of support
RUSSIA-UKRAINE WAR'S 3RD ANNIVERSARY
Neerja Peters' 'Rupa Bheda' art show starts off in Delhi
Medical doctor-turned-artist Neerja Chandna Peters’ milestone exhibition in the national capital got underway with scholars hailing the six-day ‘Rupa Bheda’ featuring 80 abstractionist paintings for their symbolic value steeped in mathematical precision.
Reds riding good
Liverpool's title march continues with 2-0 win
