Amid a strong global trend, silver on Thursday rose by Rs 1,800 to hit a new record high of Rs 88,000 per kg, while gold price rose by Rs 650 to Rs 74,050 per 10 grams.
Silver prices in Delhi rose by Rs 1,800 to hit an all-time high of Rs 88,700 per kg, according to HDFC Securities. In the last trading session it had closed at Rs 86,900 per kg.
At the same time, gold jumped by Rs 650 to Rs 74,050 per 10 grams. In the last session, gold had closed at Rs 73,400 per 10 grams. HDFC Securities Senior Analyst (Commodities) Saumil Gandhi said, “The US dollar index fell to a fifth-week low after the release of US inflation data and US Treasury yields also declined.”