Gold Rates Surge Again, Silver Takes a Hit as Global Markets Fluctuate

In a day filled with twists and turns, gold prices in India witnessed another surge, while silver saw a notable decline. The volatility was sparked by significant trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market.

According to industry experts, gold prices are not solely driven by physical demand and supply in the country, but rather by the overall sentiment of global markets. This is evident as gold prices continued their upward march.

Meanwhile, silver prices plummeted due to a combination of factors, including fluctuations in global silver prices and changes in market sentiment.

To get an accurate picture of current gold and silver prices in cities like Chennai and Bengaluru, one can visit our dedicated page on Alayaran.com for the latest updates.