Gold jumps Rs 830 to reach new peak of Rs 69,200 per 10 grams

New Delhi: Gold prices jumped by Rs830 to reach a new peak of Rs69,200 per 10 grams on Wednesday amid a rally in precious metal rates in the global markets, according to HDFC Securities.

This is the second time that yellow metal prices have hit an all-time high in this week. In the previous trade, the precious metal had closed at Rs68,370 per 10 grams.

Silver prices also surged by Rs1,700 to Rs80,700 per kg. It had finished at Rs79,000 per kg in the previous close. “Spot gold prices (24 carats) in the Delhi markets are trading at Rs69,200 per 10 grams, up by Rs830, taking a bullish trend in the overseas markets,” Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.