Gold prices surge to Rs 78,050 per 10 grams, silver rose Rs 1,500 to 93,500 per kg

Quick Summary:

Gold prices in India soared by Rs 600 on Tuesday, reaching Rs 78,050 per 10 grams, fueled by strong global trends and wedding-season demand.

Silver also saw a significant increase, rising by Rs 1,500 to Rs 93,500 per kg.

Analysts attribute the surge to geopolitical tensions, a weaker dollar, and predictions of increased central bank gold purchases.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaNetherlandsUkraine

Topics: Silver prices increase Gold price forecast 2025 Current gold price in Delhi Gold prices surge Geopolitical tensions impacting gold Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 02:03:12 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1000 words

Reading Time: 6 minutes read

Sentences: 34 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23704112

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