This increase in gold prices has been observed since the beginning of this year. Experts say that the decline in the equity market at the beginning of the year attracted investors to safe investment options, and gold became a popular choice.
A huge jump has been seen in the prices of gold and silver across the country including the National Capital Delhi. According to experts, due to global instability and weakness in the dollar, investors’ interest has again increased towards precious metals.
24 carat pure gold has reached the level of ₹ 97,430 per 10 grams today, while silver is available at a price of ₹ 1,06,963 per kg.