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Gold Prices Surge ₹2,430 to Hit All-Time High of ₹88,500
Hindustan Times Lucknow
|February 11, 2025
Gold prices zoomed by ₹2,430 to hit a lifetime high of ₹88,500 per 10 grams in the national capital on Monday following firm global trends and a weak rupee, according to the All India Sarafa Association.
NEW DELHI:
The precious metal breached the record $2,900 an ounce level in spot markets globally after US President Donald Trump announced imposition of fresh 25% tariffs on all steel and aluminum imports to the US.
Heavy buying by jewellers and retailers also boosted the prices. The precious metal of 99.9% purity had settled at ₹86,070 per 10 grams last week. Gold of 99.5% purity surged by ₹2,430 to hit a record high of ₹88,100 per 10 grams in the local markets.
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