Gold-Silver Price Today: Silver breaks all records with ₹1,668 jump, gold hits all-time high — check latest rates

Gold and silver prices created history on Friday. In the domestic market, gold jumped by ₹572 to touch a fresh record of ₹1,09,553 per 10 grams, while silver surged by a massive ₹1,668 to ₹1,30,000 per kg for the first time.

Experts say the sharp rise is due to strong global trends, high investor demand, and safe-haven buying amid economic and geopolitical uncertainties.

📈 Gold Prices on MCX

  • October gold futures on MCX rose by ₹572 (0.52%) to ₹1,09,553 per 10 grams.

  • December gold futures climbed by ₹593 (0.54%) to ₹1,10,640 per 10 grams.

📈 Silver Prices on MCX

  • March silver futures jumped by ₹1,668 (1.3%) to an all-time high of ₹1,30,000 per kg.

  • Analysts say demand from solar, EVs, and electronics is tightening supply, supporting silver’s rally.

🌍 Global Gold-Silver Market

  • On Comex, gold futures for December delivery rose $20.40 (0.56%) to $3,694/oz, close to their record $3,715.20/oz.

  • Global silver futures for December delivery surged 1.52% to $42.79/oz, marking a 14-year high.

💡 Why Prices Are Rising

  • Weak US economic data strengthened expectations of interest rate cuts by the Federal Reserve.

  • Geopolitical tensions in West Asia and Ukraine, along with G7 tariff pressures on India & China, spurred safe-haven buying.

👉 Experts believe gold and silver could see further upside if global uncertainties persist.

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