Gold Shines Brighter: 24-Carat Price Hits ₹162110 in Delhi; Silver Also Surges

• On January 27, 24-carat gold price in Delhi rose to ₹162110 per 10 grams, with 22-carat at ₹148610.
• Mumbai, Chennai, Kolkata, Pune, and Bengaluru saw 24-carat gold at ₹161960 per 10 grams.
• International spot gold price surpassed $5000 per ounce, while silver reached $113.46 per ounce.
• Analysts like Societe Generale and Morgan Stanley predict further gold price increases, potentially reaching $6000 per ounce.
• Expectations of US Federal Reserve interest rate cuts could boost investment in safe-haven assets like gold and silver.

Why It Matters: Gold and silver prices are surging domestically and internationally, with further increases anticipated.