Gold Soars 1100, Silver Jumps 7000: New Highs Before Wedding Season
Latest
N
News18•06-01-2026, 23:11
Gold Soars 1100, Silver Jumps 7000: New Highs Before Wedding Season
- •Gold prices in Delhi's bullion market rose by 1,100 rupees to 1,41,500 rupees per 10 grams, marking a fourth consecutive day of increase.
- •Silver surged by 7,000 rupees to 2,51,000 rupees per kilogram, continuing its upward trend for the third day.
- •The price hike is attributed to a strong global trend, a weaker US dollar, dovish Federal Reserve comments, and geopolitical risks.
- •Experts predict gold could reach 1.5-1.75 lakh rupees per 10 grams (or even 2 lakh) and silver 3 lakh rupees per kilogram in India by year-end.
- •Domestic demand is expected to rise after January 15 with the start of the wedding season, potentially pushing prices higher.
Why It Matters: Gold and silver hit new highs before wedding season, driven by global factors and strong future price predictions.
✦
More like this
Loading more articles...
