Metal tally: Gold nears record Rs 1.2 lakh/10gm tag, silver Rs 1.5 lakh/kg
Gold and silver prices surged to unprecedented all-time highs in the domestic market on Monday, propelled by international rallies amid US government shutdown fears, trade jitters, and a weakening rupee. Silver neared Rs 1.5 lakh/kg, while gold approached Rs 1.2 lakh/10gm. Expectations of US Fed rate cuts further fueled this safe-haven buying.
Gold and silver prices surged to unprecedented all-time highs in the domestic market on Monday, propelled by international rallies amid US government shutdown fears, trade jitters, and a weakening rupee. Silver neared Rs 1.5 lakh/kg, while gold approached Rs 1.2 lakh/10gm. Expectations of US Fed rate cuts further fueled this safe-haven buying.
