Gold Price Surges: Delhi Hits ₹133360/10g as Weak Rupee Fuels Safe Haven Demand

• Gold prices continue to rise, with 24-carat gold in Delhi reaching ₹133,360 per 10 grams on December 13.
• The increase in gold prices is attributed to the weakening Indian Rupee and sustained demand for safe-haven investments.
• Investment in gold and silver surged after the US Federal Reserve cut its key interest rate by 0.25%, making safe assets more attractive.
• Domestic gold prices have increased by 67% this year, with experts forecasting a further 5-16% rise by 2026.
• Silver prices also saw a rise, reaching ₹204,100 per kilogram, outperforming gold this year due to global supply shortages and high demand.

Why It Matters: Gold's economic-driven surge reshapes investments and future market outlook.