Gold rates surged today in both domestic and international markets due to robust US inflation figures and speculation about a potential US Fed rate cut.
Comex gold prices hit a record high of $2,412 per troy ounce, while spot gold prices reached $2,395 per ounce in early morning trading.
Silver prices also rose to a new peak on the Multi Commodity Exchange during the early session.
In India, gold prices rose on April 12 despite fluctuations earlier in the week. As of April 12, 2024, the price of 10 grams of 22-carat gold in Delhi is around 66,360 rupees, while 10 grams of 24-carat gold is priced at approximately 72,380 rupees.