Gold and silver prices surge to record highs amid global uncertainty

Quick Summary:

Gold and silver prices hit new record highs in India due to global market trends and economic concerns.Gold of 99.9% purity reached Rs 90,750 per 10 grams, while silver surged to Rs 1,02,500 per kg.

The increase is driven by safe-haven demand, trade tensions, and expectations of US Federal Reserve monetary easing.

So far this year, gold prices have climbed Rs 11,360, or 14.31%, from Rs 79,390 per 10 grams on January 1 to Rs 90,750 per 10 grams.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaChinaGeorgiaPakistanYemen

Topics: Federal Reserve Business news Safe-haven assets Record highs Gold prices Silver prices Gold silver price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 21:16:32 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 849 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27085500

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