Overview
- In Hyderabad, 24K gold traded around Rs 11,029 per gram, taking prices past Rs 1.10 lakh per 10 grams.
- In Delhi, gold rose Rs 5,080 to a record Rs 1,12,750 per 10 grams.
- Silver climbed Rs 2,800 to an all-time high of Rs 1,28,800 per kilogram.
- International spot gold touched a record $3,659.27 per ounce on Tuesday before easing slightly.
- Analysts cited rate-cut expectations, a softer dollar, and central-bank and ETF buying, with domestic prices up about 43% this year.