Gold Soars ₹1,500, Silver Jumps ₹9,500: Check Latest Record Prices Now!

• Gold prices surged by ₹1,500 on Friday (Basant Panchami), reaching ₹1,58,700 per 10 grams in Delhi.
• Silver prices also saw a significant jump of ₹9,500, or approximately three percent, to ₹3,29,500 per kilogram.
• The All India Sarafa Association attributed the surge to fresh buying by stockists amid strong global trends.
• Saumil Gandhi, HDFC Securities, noted gold's strongest weekly performance since March 2020 due to geopolitical risks, a weaker US dollar, and strong investment demand.
• In the international market, gold surpassed $4,900 per ounce, and silver crossed $99 per ounce, setting new records.

Why It Matters: Gold and silver prices hit new record highs due to strong global trends and geopolitical uncertainties.