Gold-Silver Price Today: The pace of gold is not stopping, huge rise in silver too, see today's latest price

New Delhi: Gold prices rose by Rs 630 to an all-time high of Rs 82,700 per 10 grams in the bullion market in the national capital on Wednesday following sustained buying by jewelers and retailers amid strong global trends. All India Bullion Association gave this information. Rising for the sixth consecutive session, gold of 99.5 percent purity rose by Rs 630 to reach an all-time high of Rs 82,330 per 10 grams.

Saumil Gandhi, senior analyst, commodities at HDFC Securities, said gold prices touched a new all-time high on Wednesday. Uncertainty over US President Donald Trump's trade policy appears to be an important factor boosting investment towards the precious metals.

Gold reached record level on October 31, 2024

Let us tell you that gold with 99.9 percent purity had earlier reached its record level of Rs 82,400 on October 31, 2024. On the same day, gold of 99.5 percent purity had reached an all-time high of Rs 82,000 per 10 grams. On Wednesday, silver also increased by Rs 1,000 to Rs 94,000 per kg. Jatin Trivedi, Vice President Research Analyst (Commodity & Currency), LKP Securities, said that in the domestic market, MCX gold witnessed comparatively modest gains, limited by the strengthening rupee. The currency's strength limited the upside in domestic gold prices.

Click here to read other business news…

Comex gold futures also rose

Globally, Comex gold futures rose by $ 10.20 an ounce to $ 2,769.40 an ounce. Additionally, weak economic data fueled gold's rally as retail sales fell short of expectations and unemployment claims fell, experts said. Silver Comex futures also rose 0.27 percent at $ 31.58 an ounce.