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Gold Surges Rs 500 in Delhi on Weak Rupee, Global Trends; Silver Dips
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News18•01-10-2026, 18:30
Gold Surges Rs 500 in Delhi on Weak Rupee, Global Trends; Silver Dips
- •Gold prices in Delhi rose by Rs 500 to Rs 1,49,800 per 10 grams, marking a second consecutive session of gains.
- •The increase was attributed to a weaker rupee, which slid below the 96-per-dollar mark, and a firm global trend for the precious metal.
- •Silver, however, saw a decline of Rs 5,000, settling at Rs 2.27 lakh per kilogram.
- •Despite recent gains, gold lost nearly 2% this week, while silver shed 4.2%.
- •Globally, spot gold increased by 0.29% to USD 4,169.06 per ounce, supported by softer US inflation data.
Key Questions Answered
Gold prices in New Delhi rose by Rs 500 to Rs 1,49,800 per 10 grams due to a weaker rupee and firm global trends.
While gold prices increased, silver declined by Rs 5,000 to reach Rs 2.27 lakh per kilogram, inclusive of all taxes.
Bullion markets will remain closed on Friday on account of Gandhi Jayanti.
