Gold Hits ₹86,843 All-Time High, Silver Also Surges

New Delhi : Gold and silver prices have surged significantly this week, with gold reaching an all-time high of ₹86,843 per 10 grams. The price of gold increased by ₹784 in just seven days, while silver saw a jump of ₹1,598 per kg. Over the past 72 days, gold has risen by ₹10,681, reflecting strong investor demand and global economic factors driving precious metal prices higher.

Market analysts attribute this sharp rise to geopolitical tensions, inflation concerns, and fluctuating global markets, which have led investors to seek the safety of gold and silver. Additionally, the weakening rupee against the US dollar has further contributed to the price increase in the domestic market.

Experts believe that the demand for gold and silver is likely to remain strong in the coming weeks, especially with the wedding season and upcoming festivals in India. Investors are advised to monitor market trends closely as precious metals continue their upward trajectory.

With gold and silver prices reaching record levels, traders and buyers are adjusting their investment strategies. Financial experts suggest that those looking for long-term stability may still find gold a favorable option despite the high prices.