GOLD JUMPS RS 400 TO BREACH RS 74K MARK, SILVER HITS FRESH PEAK

Gold and silver prices reached new record highs on Friday, driven by bullish global trends. In Delhi, gold surged by Rs 400 to reach a lifetime high of Rs 74,100 per 10 grams, surpassing its previous closing of Rs 73,700 per 10 grams on Thursday. Similarly, silver prices climbed by Rs 100 to touch a new peak of Rs 86,600 per kg.

Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, stated that spot gold prices (24 carats) in Delhi markets were trading at a record high of Rs 74,100 per 10 grams, reflecting a positive trend in overseas markets. In the international markets, spot gold at Comex was trading at $2,390 per ounce, up by $15 from the previous close.

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