Gold reaches a new high of Rs 67,450

In line with robust worldwide trends, gold prices in the local market here jumped by Rs 1,130 to reach an all-time high of Rs 67,450 per 10 kilos, according to HDFC Securities.

According to Dilip Parmar, a research analyst at HDFC Securities, “spot gold prices (24 carats) in the Delhi markets are trading at Rs 67,450 per 10 grams, up by Rs 1,130 from the previous close.”

According to Parmar, central banks’ purchases and geopolitical concerns sustained Comex spot gold prices. Gold reached a record high as a result of the dollar’s sell-off after the US Federal Reserve’s rate-cutting announcement.