Gold jumps to one-month high of Rs 1.5 lakh/10g in Delhi; silver surges Rs 6,200
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Youtube Twitter Instagram Facebook Whatsapp Telegram LinkedIn Thursday, August 6, 2026 --> --> Politics Ground Reports Opinion National Interest PoV 50-Word Edit Defence Diplomacy India Economy ThePrint On Camera Videos In Pictures Society & Culture Around Town Book Excerpts Vigyapanti The Dating Story Health Science Science Tech World Events Off The Cuff The Speakers Bureau School of Journalism ThePrint Store More Judiciary Education YourTurn Work With Us Campus Voice Search Home Economy Gold jumps to one-month high of Rs 1.5 lakh/10g in Delhi; silver... Economy Gold jumps to one-month high of Rs 1.5 lakh/10g in Delhi; silver surges Rs 6,200 PTI 05 August, 2026 05:47 pm IST Facebook Twitter WhatsApp Linkedin Follow Us : Text Size: A- A+ --> New Delhi, Aug 5 (PTI) Gold prices rallied for the second straight session to hit a one-month high of Rs 1.5 lakh per 10 grams in the national capital on Wednesday, tracking a sharp rise in global precious metal rates.
Adding to this, The yellow metal of 99.9 per cent purity appreciated by Rs 2,500, or 1.7 per cent, to Rs 1,50,000 per 10 grams (inclusive of all taxes) from Tuesday’s closing level of Rs 1,47,500 per 10 grams, according to the All India Sarafa Association.
Meanwhile, Silver also resumed its upward march after remaining flat in the previous session, surging by Rs 6,200 to almost a one-month high of Rs 2,32,700 per kilogram (inclusive of all taxes). It had settled at Rs 2,26,500 per kg in the preceding session.
Notably, “Gold prices climbed to a one-month high as growing optimism over a potential US-Iran agreement to reopen the Strait of Hormuz eased concerns over energy-driven inflation and reduced expectations of further monetary tightening by the Federal Reserve,” shared Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities.
As per the latest buzz, In global markets, spot gold gained USD 85.28, or 2.09 per cent, to USD 4,162.76 per ounce, while silver rose a little over 3 per cent to USD 61.35 per ounce.
In further updates, “Spot gold is globally trading with a steep gain of 2 per cent at USD 4,160 per ounce as a pullback in crude oil prices has alleviated interest rate hike concerns by the Federal Reserve,” shared Praveen Singh, Head of Commodities at Mirae Asset ShareKhan.
On top of that, However, Singh noted that crude oil prices pared their losses and turned higher after Yemen’s Houthis threatened attacks on Saudi tankers in the northern Red Sea despite hopes of progress in US-Iran talks.
Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, shared market participants are awaiting the US ADP employment data, followed by the nonfarm payrolls report and the unemployment rate later this week, for fresh cues on the Fed’s interest rate trajectory.
Source: ThePrint