In New Delhi, the price stood at Rs 1,29,310, per 10 gm, and in Mumbai, it stood at Rs 1,29,530 on Wednesday.(Source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Gold prices in India rose to Rs 1,30,430 and silver was up at Rs 1,81,850 on Thursday, according to the India Bullion Association as of 7:15 a.m. However, silver in the spot market was near its record high after hitting another record high in the previous session.

This comes after US payroll data reinforced hope that the Federal Reserve will cut interest rates in its final policy meeting of the year.

Spot gold also rose on Thursday trading near $4,250 an ounce. Despite the pull back from record high last month gold remains on course for its strongest annual gain since 1979, having reached a series

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