Gold, Silver Prices Soar: Check Latest Rates as Global Demand Rises

• Gold prices surged, with 24-carat gold in Delhi at ₹134670/10g and Mumbai at ₹134520/10g.
• Increased demand for gold globally due to a falling US dollar index, making bullion cheaper for international buyers.
• Silver prices also saw a significant surge, reaching ₹208100 per kilogram and a new international high of $66.52 per ounce.
• Silver's rise is attributed to supply shortages, safe-haven demand, ETF investments, and anticipated Federal Reserve rate cuts.
• Reports of China's potential silver export ban from 2026 and its decade-low reserves are fueling price increases.

Why It Matters: Gold and silver prices are rising sharply due to global demand, dollar weakness, and supply concerns.