SRINAGAR : Gold prices surged by Rs 500 to touch an unprecedented Rs 1.20 lakh per 10 grams in the national capital, propelled by a weak dollar and market expectations of further rate cuts by the US Federal Reserve. Follow Us On G -N e w s | Whatsapp

According to the All India Sarafa Association, as reported by NDTV , gold of 99.5 per cent purity extended gains for the fourth consecutive session, closing at Rs 1,19,400 per 10 grams, inclusive of taxes. On Monday, the yellow metal had already rallied Rs 1,500 to settle at Rs 1,19,500, marking a record run in the local bullion market.

Silver prices also continued their upward trajectory, climbing Rs 500 to reach a fresh high of Rs 1,50,500 per kilogram. This followed a sharp rally of Rs 7,000 a day earlier, when s

See Full Page