Silver Rebounds Rs 6,500 to Rs 2.50 Lakh per kg; Gold Climbs to Rs 1,41,700 per 10 Grams

Sharp Recovery in Silver After Steep Previous Losses​

Silver prices staged a strong rebound in the national capital on Friday, rising by Rs 6,500 to Rs 2,50,000 per kilogram. The recovery followed a sharp fall in the previous session, when silver had dropped by Rs 12,500, or nearly 5 percent, to Rs 2,43,500 per kilogram amid profit booking. Earlier in the week, the white metal had touched a record high of Rs 2,56,000 per kilogram.

Gold Prices Rise on Renewed Safe-Haven Demand​

Gold prices also moved higher, with 99.9 percent purity gold advancing by Rs 1,200 to Rs 1,41,700 per 10 grams, inclusive of all taxes. In the previous session, gold had settled at Rs 1,40,500 per 10 grams. The uptick reflects renewed demand for safe-haven assets amid heightened global uncertainty.

Global Cues Support Bullion Sentiment​

In the international market, spot gold was trading marginally higher at USD 4,479.38 per ounce. Silver rose by USD 1.37, or 1.79 percent, to USD 78.38 per ounce. Earlier, silver had witnessed heavy volatility, plunging by USD 4.32, or 5.53 percent, to an intraday low of USD 73.83 per ounce before settling at USD 76.92 per ounce.

Trade and Geopolitical Developments in Focus​

Bullion prices continued to draw support from global developments, including concerns over potential escalation in trade and geopolitical tensions. Reports around possible steep tariffs on countries buying Russian oil and the broader implications for global trade flows kept safe-haven demand intact for both gold and silver.

Bullion Holds Firm Despite Market Volatility​

Despite episodes of selling pressure linked to broader market adjustments and mixed economic signals from the United States, gold prices have remained resilient so far, supported by ongoing demand for defensive assets in an uncertain global environment.