Sharp Surge in Gold and Silver Prices Across..

After witnessing a downward trend in recent days, gold prices rose sharply once again yesterday. The surge followed the decision of United States President Donald Trump to increase retaliatory tariffs on China to 145 percent, which triggered anxiety among investors. As a result, many shifted their investments to the traditionally safer asset—gold—leading to a significant price hike.

Domestically, the price of 10 grams of gold increased by up to ₹3,000. In the national capital New Delhi, the price of fine gold rose by ₹2,940, reaching ₹93,380 for 10 grams. The same price hike was recorded in Mumbai, where gold also climbed by ₹2,940 to ₹93,380. In Hyderabad, the price of 24-carat gold touched ₹93,380 for 10 grams.

Alongside gold, silver prices also experienced a substantial rise yesterday. Increased purchases from industrial sectors and coin manufacturers contributed to this trend. In Mumbai, the price of one kilogram of silver rose by ₹2,000 to reach ₹95,000. In Hyderabad, silver saw an even sharper increase of ₹5,000, with the rate reaching ₹1.07 lakh per kilogram.