Indian Rupee Weakness Boosts Gold Prices in Delhi

TV9 Hindi · stocks

Gold prices in Delhi surged by ₹200 to ₹1,46,300 per 10 grams, driven by the weakening Indian Rupee and a slight uptick in international markets. The Rupee fell 29 paise against the US dollar, making dollar-denominated gold imports more expensive and supporting domestic prices. Silver prices remained stable at ₹2,02,000 per kilogram. Analysts cited a minor recovery in global markets, lower crude oil prices, and a stable US dollar as contributing factors to gold's rise. Geopolitical tensions and upcoming Federal Reserve policy decisions are also influencing investor sentiment.