Gold prices rose Rs 170 to hit a fresh record high of Rs 82,900 per 10 grams in the national capital on Thursday amid a positive global trend, according to the All India Sarafa Association.
The precious metal had closed at Rs 82,730 per 10 grams on Wednesday.
In about one year, the precious metal surged Rs 20,180 or 32.17 per cent to Rs 82,900 per 10 grams from Rs 62,720 per 10 grams on February 23, 2024.
Extending the gains for the seventh straight session, gold of 99.5 per cent purity appreciated by Rs 170 to hit an all-time high level of Rs 82,500 per 10 grams. The metal had finished at Rs 82,330 per 10 grams in the previous trading session.
Gold of 99.9 and 99.5 per cent purity grew Rs 2,320 each in the last seven trading sessions.
However, silver prices declined Rs 500 to Rs 93,500 per kg from the previous close of Rs 94,000 per kg on Wednesday.
Bullion traders attributed the rise in precious metal prices to heightened demand by jewellers and retailers, along with a strong t