Gold Prices Rise Amid Global Uncertainty as Silver Falls Marginally

Global uncertainty has driven gold prices higher in India, while silver prices have fallen marginally. On Monday, the price of 24-carat gold rose to ₹1,63,385 per 10 grams, a gain of ₹1,096 from the previous level. Silver, on the other hand, declined by ₹392 to approximately ₹2,46,207 per kg.

The precious metal has been supported by a weaker US dollar and continued demand for safe-haven assets. Spot gold internationally reached its highest level since May 15, gaining 0.5% to around $4,627 per ounce.

Market participants are closely watching global developments, including geopolitical tensions and the future direction of interest rates. Investors remain cautious amid uncertainty over the global economic outlook.