Gold Glitters at 3-Week High, Silver Surges Past ₹1,14,000

The precious metals market witnessed a significant upswing today, with gold reaching a 3-week high and silver crossing the ₹1,14,000 mark. This positive momentum reflects growing investor interest in these safe-haven assets.

Mumbai Bullion Rates (July 14)

In Mumbai, the bustling heart of India’s gold trade, the price of 22-carat gold stood at ₹91,550 per 10 grams. For those seeking the purest form, 24-carat gold reached ₹99,880 per 10 grams.

Why the Surge?

Several factors could contribute to this recent price surge. Market analysts suggest a combination of global economic uncertainty and a weakening US dollar may be driving investors towards precious metals like gold and silver.