Gold, Silver Prices Soar: Records Shattered Amid Global Instability

• Gold prices surged by 58,873 rupees in the last two months, with 24-carat gold reaching 1.36 lakh rupees per 10 grams.
• Silver also saw historic gains, becoming 46,641 rupees more expensive in December, reaching 2.11 lakh rupees per kilogram.
• The price hike is attributed to global market developments, US policy, dollar weakness, and geopolitical instability, making precious metals safe investments.
• Experts predict gold could hit 1.40-1.45 lakh rupees and silver up to 2.25 lakh rupees by December 31.
• Investors are advised to consider a long-term perspective for gold and silver amidst inflation and global uncertainty.

Why It Matters: Gold and silver prices are skyrocketing due to global factors, with further increases expected.