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Gold and Silver Prices Skyrocket Due to Trump's Tariffs, Doubling Wedding Expenses
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Gold-Silver Prices Soar: Trump's Tariffs Double Wedding Costs, Global Uncertainty Fuels Rise
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CNBC Awaaz
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22-02-2026, 10:59
Gold-Silver Prices Soar: Trump's Tariffs Double Wedding Costs, Global Uncertainty Fuels Rise
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Gold and silver prices have seen a significant surge, shocking common people during the ongoing wedding season.
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Former US President Donald Trump's new global tariffs and global uncertainty are driving the continuous price increase.
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In Delhi, 24-carat gold is ₹1,59,430 per 10 grams, while in Mumbai, it is ₹1,59,280 per 10 grams.
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Gold is increasingly seen as a safe investment due to tariff decisions, post-Supreme Court uncertainty, and geopolitical tensions.
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Spot gold rose 1.5% to $5071.48 per ounce, and spot silver jumped 5.8% to $82.92 per ounce in international markets.
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