Gold Hits Record High, Silver Nears 3 Lakh Mark Amidst Market Volatility

• Gold prices have reached an all-time high in the country due to international market fluctuations, dollar index changes, and central bank gold buying.
• Silver prices are also surging, with market experts predicting they could soon cross the 3 lakh Rupee mark.
• Uncertainty over interest rates, geopolitical tensions, and stock market volatility are driving investors towards gold as a safe haven asset.
• Industrial demand for silver, particularly in solar power, electronics, and electric vehicles, is contributing to its rapid price increase.
• Experts advise long-term, phased investment in gold and silver, warning against high-risk short-term gains.

Why It Matters: Gold and silver prices are soaring to new records, driven by global uncertainties and increased demand.