Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Indian Gold Prices Soar 8.4%, Silver Surges Amid Global Demand

Guavy AI Editorial Team
Instruments
Gold
Share

Gold prices in India continued their upward trend for the seventh consecutive session, jumping Rs 2,600 to Rs 1.59 lakh per 10 grams in New Delhi on Wednesday.

The rise was due to firm global demand and strong investment appetite, according to Gaurav Garg, Head of Research at Lemonn Markets Desk.

Gold prices have increased by Rs 12,400 or 8.4% from Rs 1,47,400 per 10 grams on August 3.

Silver also surged, rising Rs 4,000 to Rs 2,46,000 per kilogram from Rs 2,42,000 in the preceding session.

Analysts attributed gold's rally to US inflation data coming in as expected and persistent geopolitical tensions in West Asia supporting demand for precious metals.

More on Commodities

Commodities 2m ago

Euronext Wheat Futures Rebound on Ukraine-Russia Grain Disruptions

Commodities 2m ago

Canola Futures Plummet Amid Selloff in Chicago Soyoil

Commodities 6m ago

Iran-US Conflict Turns into Economic Endurance Test

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy