Gold prices in Delhi rose by ₹1,050 to ₹1,61,450 per 10 grams on Tuesday, following a global price hike and a weaker US dollar. Silver prices also surged by ₹1,300 to ₹2,71,000 per kilogram.
International spot gold prices climbed 1% to USD 4,528.75 per ounce, while silver prices rose 2% to USD 76.29 per ounce.
Market analysts attributed the rise in gold and silver prices to stronger global market trends, a weaker US dollar, lower crude oil prices, and softer bond yields.