Gold prices staged a strong comeback in the national capital on Thursday, rising by ₹2,000 to reach ₹1.54 lakh per 10 grams, supported by firm global trends and a weakening US dollar.
According to the All India Sarafa Association, gold of 99.9 per cent purity climbed ₹2,000, or 1.31 per cent, to ₹1,54,800 per 10 grams (inclusive of all taxes). In the previous session, the precious metal had settled at ₹1,52,800 per 10 grams.
Market analysts attribute the rebound to favourable international factors. Saumil Gandhi of HDFC Securities noted that gold prices recovered from a one-month low, supported by a softer US dollar and easing US Treasury bond yields.
The uptick reflects renewed investor interest in safe-haven assets, with global cues continuing to influence domestic bullion markets.
