Precious metals continued their strong upward move in India, with silver touching a lifetime high and gold setting a new record. The rally has been supported by steady buying interest and a cautious mood among investors.
Silver prices surged by ₹6,000 to reach an all-time high of ₹2,71,000 per kg in the Delhi market. Gold also climbed to a fresh peak, trading around ₹1,45,000 per 10 grams. The rise reflects consistent demand from investors and stockists despite elevated price levels.
The ongoing global economic uncertainty and geopolitical tensions have encouraged safe-haven buying, while weaker sentiment in equity markets has further strengthened the appeal of precious metals. Domestic investors remain confident, continuing to accumulate gold and silver even at record prices.
Market observers note that with silver leading the rally and gold holding close to its highs, precious metals are once again proving their role as effective hedges against market volatility and financial uncertainty.
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