Silver Tops ₹4 Lakh/Kg In Delhi Gold Hits Record ₹1.83 Lakh
According to the All India Sarafa Association, silver extended the gains for the fourth consecutive session and surged Rs 19,500, or 5.06 per cent, to a record Rs 4,04,500 per kilogram (inclusive of all taxes).
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The white metal had closed at Rs 3,85,000 per kilogram on Wednesday.
Gold of 99.9 per cent purity also soared by Rs 12,000, or 7.02 per cent, to scale a new lifetime high of Rs 1,83,000 per 10 grams (inclusive of all taxes) from the previous close of Rs 1,71,000 per 10 grams.
Traders said the sharp uptick in bullion prices was largely in line with the global trend, with gold and silver hitting fresh record highs as investors flocked to safe-haven assets amid rising geopolitical tensions and a weakening US dollar.
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