Gold Prices Surge Above ₹15,928/gm; Silver Holds at ₹285/gm

India’s bullion market witnessed firm momentum today as gold prices rose to ₹15,928 per gram (24K), marking a recovery from recent corrections. The rally is driven by global safe-haven demand, a softer U.S. dollar, and geopolitical tensions.

Meanwhile, silver prices remained flat at ₹285 per gram, reflecting subdued industrial demand and cautious trading activity. Analysts note that silver’s trajectory remains closely tied to manufacturing and electronics demand, while gold continues to benefit from its safe-haven appeal.

The reopening of China’s markets after the Lunar New Year is expected to add liquidity and demand, particularly for gold, which enjoys strong cultural and investment significance in Asia.

Key Highlights

• Gold Price (24K): ₹15,928 per gram
• Silver Price: ₹285 per gram
• Drivers: Safe-haven demand, softer dollar, geopolitical tensions
• China Impact: Market reopening expected to boost bullion demand
• Investor Strategy: Favor gold for stability; trade silver cautiously

Source: Daily Financial, Goodreturns, GoldPriceIndia.com