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Silver rate today soars 4% to hit its record high of ₹3,39,927 amid geopolitical tensions - Will it rise further?

Silver and gold prices reached record highs on Friday due to geopolitical tensions and a weaker US dollar, driving demand for safe-haven assets. Silver surged nearly 4% to ₹3,39,927 per kg, while gold climbed to ₹1,59,226 per 10 grams in the domestic market, with international prices also witnessing significant increases.

Silver rate today soars 4% to hit its record high of  ₹3,39,927 amid geopolitical tensions - Will it rise further?

Credit: Livemint

Key Highlights

  • Silver price hit a record high of ₹3,39,927 per kg, up nearly 4%.
  • Gold price reached ₹1,59,226 per 10 grams, marking a significant rise.
  • International silver prices increased by 2.5% to $98.60 per ounce.
  • International gold prices rose to $4,956.08 per ounce.
  • Weak US dollar and geopolitical tensions contributed to the surge in precious metal prices.
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Sources

  1. Silver rate today soars 4% to hit its record high of ₹3,39,927 amid geopolitical tensions - Will it rise further?
  2. Gold price today: Rates at record high on MCX as geopolitical risks, weaker dollar drive safe-haven demand

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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