Gold and silver prices have reached record levels in Delhi.
The bullion market of the country’s capital Delhi is shaking with the prices of gold and silver every day. Both the precious metals are creating history every day. The special thing is that in the country’s capital Delhi, the price of silver has seen an increase of about Rs 2500 every day on the occasion of New Year. On the other hand, there has been an increase of more than 5 percent in the price of gold these days.
If experts are to be believed, there may be further increase in the prices of gold and silver in the coming days. However, there is a decline in the prices of both gold and silver in the international market. On the other hand, a slight increase in the price of gold is being seen in the futures market of the country. Whereas silver is trading at new record levels. Let us also tell you what the prices of gold and silver have become in the country’s capital Delhi.
Silver made record
On Tuesday, silver prices in the country’s capital Delhi increased by a huge Rs 6,000 and reached a new high of Rs 2,71,000 per kg. According to the All India Bullion Association, the price of the white precious metal (gold) increased by Rs 6,000 or 2.3 per cent for the third consecutive day and reached Rs 2,71,000 per kg (including all taxes). On Monday, the price of the metal had increased by Rs 15,000 or 6 percent.
It had increased from the closing price of Rs 2,50,000 per kg to a high of Rs 2,65,000 per kg on Friday. With this latest rise, the white metal has gained Rs 21,000 or 8.4 percent in the last three trading sessions. So far this year, the price of silver has increased by Rs 32,000 or 13.4 percent, which is more than Rs 2,39,000 per kg recorded on December 31, 2025.
Gold also at record level
On the other hand, due to continuous buying by stock holders, the price of gold once again reached a record level of Rs 1,45,000 per 10 grams. On Tuesday, gold of 99.9 per cent purity increased by Rs 400 and reached a new record high of Rs 1,45,000 per 10 grams (including all taxes). In the previous session, the price of the yellow precious metal had risen by Rs 2,900 to Rs 1,44,600 per 10 grams.
Traders attributed the surge to continued demand for gold as a safe haven investment amid geopolitical uncertainty. Saumil Gandhi, Senior Analyst – Commodities, HDFC Securities, said, “Precious metals continue their record-breaking rally, supported by continued demand for gold as a safe haven investment. This demand is maintaining the broad bullish trend in gold due to long-running geopolitical tensions, especially the one involving Iran.
Gold prices fall in New York
Spot gold prices in international markets fell by US $ 10.93 or 0.24 per cent to US $ 4,586.49 an ounce after touching a record high of US $ 4,630.47 an ounce on Monday. Spot gold hit a new record high of US$4,630 an ounce on Monday amid geopolitical concerns and growing threats to the independence of the Federal Reserve, said Praveen Singh, head of commodities at Mirae Asset Sharekhan.
After which now the increase in it is becoming stable. He further said that a group of former chairmen, finance secretaries and economists of the Federal Reserve have issued a joint statement criticizing the investigation of Fed Chairman Jerome Powell by the Justice Department, which has reduced the fears about the autonomy of the central bank to some extent and profit booking has been seen in gold.
Silver showed strength
In foreign trade, spot silver was trading 0.58 percent higher at US $ 85.64 an ounce. On Monday, the white metal had increased by US $ 6.3 or 7.9 percent and reached a new peak of US $ 86.26 an ounce. Research Analyst Gaurav Garg of Lemon Markets Desk said that due to continuous investment demand and technical strength, the prices of silver have increased and it has increased to about US $ 86.60 per ounce.
He further said that the US dollar index is trading near resistance levels and this has supported gold prices by neutralizing the adverse effects of devaluation. Gandhi said the market’s focus is now on US consumer inflation and new home sales data, which will be released later today. These data will provide new signals about the Federal Reserve’s monetary policy and the short-term direction of gold prices.