Gold Prices Soar on Lohri: Delhi Hits ₹142310 per 10g Amid Global Uncertainty

• Gold prices surged on Lohri, January 13, with 24-carat gold reaching ₹142310 per 10 grams in Delhi.
• Mumbai, Chennai, Kolkata, Pune, and Bengaluru also saw significant increases, with 24-carat gold at ₹142160 per 10 grams.
• Internationally, spot gold hit a record $4601.69 per ounce, driven by safe-haven demand.
• Geopolitical tensions, including unrest in Iran and the Russia-Ukraine conflict, are fueling gold's rise.
• Expectations of further US Federal Reserve interest rate cuts and concerns over Fed independence also contribute to the surge.

Why It Matters: Gold prices are at record highs due to strong safe-haven demand amid global geopolitical and economic uncertainties.