Gold prices in the national capital soared to a record Rs 1.20 lakh per 10 grams today, climbing Rs 500. A weaker dollar and anticipated US Federal Reserve rate cuts fueled this surge, alongside investor jitters over a potential US government shutdown. Silver also hit a new peak. Globally, bullion retreated slightly from record highs as traders booked profits.
Gold prices in the national capital soared to a record Rs 1.20 lakh per 10 grams today, climbing Rs 500. A weaker dollar and anticipated US Federal Reserve rate cuts fueled this surge, alongside investor jitters over a potential US government shutdown. Silver also hit a new peak. Globally, bullion retreated slightly from record highs as traders booked profits.