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Bullish Surge in Bullion Markets: Gold and Silver Soar to Record Highs

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New Delhi, September 2(HS): The domestic bullion market witnessed an impressive bullish momentum today as both gold and silver surged to new record highs across key trading centers. In a strong show of demand and optimism, 24-carat gold prices traded between ₹1,00,090 and ₹1,06,240 per 10 grams across major markets, while 22-carat gold hovered between ₹97,250 and ₹97,400 per 10 grams. Silver too mirrored this uptrend, reaching ₹1,26,100 per kilogram in the Delhi bullion market.

In Delhi, 24-carat gold closed at a peak of ₹1,06,240 per 10 grams, while 22-carat gold recorded ₹97,400 per 10 grams. The financial hub Mumbai saw 24-carat gold at ₹1,06,090 and 22-carat gold at ₹97,250, reflecting widespread market strength. Ahmedabad mirrored these levels with 24-carat gold at ₹1,06,140 and 22-carat at ₹97,300 per 10 grams. Southern and eastern metros Chennai and Kolkata kept pace, with prices clustering around ₹1,06,090 for 24-carat and ₹97,250 for 22-carat gold.

Provincial markets echoed this trend—Lucknow and Jaipur posted top-tier 24-carat gold prices of ₹1,06,240, while Patna and Ahmedabad held close at ₹1,06,140. Similarly, 22-carat gold prices consistently ranged near ₹97,300 to ₹97,400 per 10 grams across these cities.

The bullish wave extended to southern states Karnataka, Telangana, and Odisha, with capitals Bengaluru, Hyderabad, and Bhubaneswar reporting steady 24-carat prices around ₹1,06,090 and 22-carat around ₹97,250.

This strong upward rally signals robust investor confidence and sustained demand for precious metals, affirming gold and silver’s status as safe-haven assets amid market fluctuations. Traders and investors remain keenly focused on price movements as global and domestic factors continue to shape bullion market dynamics.

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Hindusthan Samachar / Jun Sarkar

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