Categories: BUSINESS

Gold rate today: Prices surge Rs 900 near record high; silver stays flat at Rs 1.25 lakh per kg

Gold prices in the national capital surged by Rs 900, reaching Rs 1,06,970 per 10 grams, driven by a weaker rupee, firm global trends, and anticipation of a US Federal Reserve rate cut. Silver prices remained steady, while global spot gold neared record highs amid expectations of lower US interest rates and safe-haven demand due to geopolitical tensions.
Sumitra

Recent Posts

Upper layer NBFCs have to list: RBI guv on Tatas; dispels doubts on Sept order

RBI governor Sanjay Malhotra’s comments also suggest Tata Sons is in breach of RBI rules.…

22 hours ago

Record haul: Jio IPO collects Rs 7.5 lakh crore; nearly 1.3 crore investors make bids

In the unofficial market, speculators are betting that the company will be listing at about…

22 hours ago

Crude rises, rupee falls & Dalal Street trips again

Among the major Asian market indices, Kospi in Korea closed 3.5% down, Hang Seng in…

2 days ago

Videos, the new gateway reshaping online retail

Social media platforms such as Instagram and YouTube had already made access easier than ever—people…

2 days ago

Rupee hits 6-week high, surges 53 paise to 94.38 against dollar on Jio IPO inflows, RBI support

The rupee strengthened by 53 paise on Wednesday, closing at 94.38 against the US dollar,…

3 days ago

Iran war impact: Indian Oil plans to reduce Middle East crude purchases under annual deals in FY28

Indian Oil Corporation is expected to cut back on crude oil purchases from Middle Eastern…

3 days ago