Gold, Silver Prices Soar: What's Driving the Bullion Market Rally?

• Gold prices surged by ₹1,100 to ₹1,41,500 per 10 grams in Delhi, marking the fourth consecutive daily increase.
• Silver also rose by ₹7,000 to ₹2,51,000 per kilogram, continuing its third day of gains.
• The rally is attributed to strong global cues, a weaker US dollar, and expectations of Federal Reserve interest rate cuts.
• Rising geopolitical risks are further supporting the upward trend in precious metal prices.
• International spot gold and silver prices also strengthened, with gold at $4,460.49/ounce and silver at $78.36/ounce.

Why It Matters: Gold and silver prices are surging due to global economic factors and geopolitical risks.