Gold, Silver Reach New Peaks; Silver Hits Record ₹1,99,500/kg

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Moneycontrol•12-12-2025, 21:13
Gold, Silver Reach New Peaks; Silver Hits Record ₹1,99,500/kg
- •Silver prices hit a new record high in Delhi, reaching ₹1,99,500 per kg after a ₹5,100 jump on Friday.
- •Silver has surged by approximately ₹19,000 in the last three days, marking its highest level ever.
- •Gold prices also saw a significant increase, reaching ₹1,33,600 per 10 grams (99.9% purity) and nearing record levels.
- •The surge in gold and silver is attributed to increased demand for safe-haven assets, a weakening rupee, and investor buying.
- •Global factors like inflation concerns and the US Federal Reserve's 0.25% interest rate cut are also driving the price rally.
Why It Matters: Record gold/silver prices reflect economic uncertainty and safe-haven demand.
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