Gold Prices Hit Record High, Cross ₹83,000-Mark For The First Time

Sentinel Digital Desk

Gold prices continued their rally for the eighth straight session, rising by Rs 200 to reach an all-time high of Rs 83,100 per 10 grams in the national capital on Friday.

The increase in gold prices is driven by global market uncertainties, including concerns over potential US tariffs and economic policies. Investors are turning to gold as a safe-haven asset.

Gold of 99.9% purity rose to Rs 83,100 per 10 grams, while gold of 99.5% purity also saw an increase of Rs 200, reaching Rs 82,700 per 10 grams.

Along with gold, silver prices surged by Rs 500, reaching Rs 94,000 per kg, compared to the previous close of Rs 93,500 per kg.

Experts predict that gold may continue its upward trend if global uncertainties persist, as investors seek stability in the precious metal.