Gold prices rise in Delhi and across India as renewed festive buying and a rebound in international bullion lift local rates. One report says 24-carat gold of 99.9% purity increases to Rs 1,46,600 per 10 grams in Delhi, up Rs 4,800 from the prior session, while silver gains Rs 9,000 to Rs 1.93 lakh per kilogram (both quoted inclusive of taxes).
The same Delhi-focused report links the movement to a sharp recovery in global markets and domestic demand around the festive period. It also cites market drivers such as a firm US dollar, elevated bond yields and changing expectations around Federal Reserve rate cuts that previously weighed on gold. Another outlet’s shorter updates note that gold climbs above Rs 1.41 lakh per 10 grams on MCX and silver jumps above Rs 1.85 lakh per kg.
Across outlets, the shared focus is the concurrent move higher in gold and silver ahead of Dhanteras, with differing reported price points depending on the market/location and measure used (Delhi retail quotations versus MCX futures).