Gold and Silver Prices Hit Record Highs in India

• Gold/silver prices surged in India Sept 2 amid global uncertainties.
• Mumbai gold reached Rs 1,05,890 per 10gm on this day.
• Federal Reserve rate cut anticipation drove demand, impacting city rates.

Get ready to dive into the glittering world of gold and silver! India witnessed a surge in prices on September 2, reaching record highs. Let's explore the key reasons and city-wise rates.

Why the Hike?

The rise in gold and silver prices on September 2 was fueled by geopolitical uncertainties and anticipation of Federal Reserve rate cuts. This combination created a favorable environment for precious metals, leading to increased demand and subsequent price surges in the Indian market. Mumbai gold hit Rs 1,05,890 per 10gm.

Gold Rates Explode!

On September 2, the rates of gold saw a significant rise across key Indian cities. The price of 22kt and 24kt gold reflected the impact of global market trends. Consumers and investors alike closely watched these fluctuating rates, keeping a keen eye on the yellow metal's performance.

City-Wise Price Check

The prices of gold varied across major Indian cities on September 2. Keep an eye out for specific rates in your city. Check local jewellers and financial publications for the most up-to-date figures to stay informed on the evolving market landscape.