Archive · 5 Aug 2025
Gold Jumps, Silver Rallies on Heavy Buying
On Tuesday, the price of gold in Delhi went up a lot because many people wanted to buy it.
Silver also became more expensive.
This happened because people thought the US might lower interest rates, which makes gold more attractive.
Around the world, the price of gold went up, but also went down in New York.
This all depends on who you ask!
Gold prices in Delhi increased by Rs 800 to Rs 98,820 per 10 grams on Tuesday.
Silver prices also increased, rallying Rs 2,000 to Rs 1,12,000 per kilogram.
The rise in gold prices was attributed to heavy buying by stockists.
Traders anticipated US interest rate cuts, boosting gold prices.
Spot gold prices had mixed results: increasing on Monday, and decreasing in New York.
- Who
- All India Sarafa Association, Traders
- What
- Gold and silver prices increased.
- When
- Tuesday
- Where
- Delhi and New York
- Why
- Due to heavy buying and anticipation of US interest rate cuts.
- Gold Price Increase (Delhi)
- Rs 800 per 10 grams
- Gold Price (Delhi)
- Rs 98,820 per 10 grams
- Silver Price Increase
- Rs 2,000 per kg
- Silver Price (Delhi)
- Rs 1,12,000 per kg
- Spot Gold (Monday)
- USD 3,375 per ounce
- Spot Gold (New York)
- USD 3,352.61 per ounce
