Precious Metals Intelligence: Gold and Silver Rally Amid Global Market Optimism
Intelligence analysis indicates a significant surge in precious metals markets, with gold and silver demonstrating robust gains in both domestic and international trading. As of Wednesday, 24-carat gold in India was recorded at ₹1,54,220 per 10 grams, while silver reached ₹2,96,900 per kilogram. Concurrently, global gold prices advanced over 1% on Thursday, approaching one-week highs. This upward trajectory reflects heightened investor interest amid evolving economic indicators and geopolitical considerations. The simultaneous rise across major financial hubs, including Delhi, Mumbai, and Bengaluru, underscores a coordinated market response to macroeconomic stimuli. Analysts attribute the rally to factors such as currency fluctuations, inflation hedging, and safe-haven demand, suggesting sustained volatility in the near term. This development warrants close monitoring by financial institutions and policymakers, as it may signal broader shifts in commodity-driven investment strategies.