Gold, silver hit all-time high on Diwali demand
Mon, Oct 21, 2024 8:55 PM

Gold, silver hit all-time high on Diwali demand

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Gold price surged by Rs 750 to hit a record high of Rs 80,650 per 10 grams while silver skyrocketed by Rs 5,000 per kg in the national capital on Monday, according to the All India Sarafa Association. Amid the intensifying conflict in the Middle East, an interest rate cut by the People's Bank of China (PBoC) aided the rally in the yellow metal as investors moved towards the safe haven assets.

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