{"id":28358,"date":"2025-04-16T13:44:26","date_gmt":"2025-04-16T13:44:26","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=28358"},"modified":"2025-04-16T13:44:26","modified_gmt":"2025-04-16T13:44:26","slug":"gold-soars-%e2%82%b91650-to-scale-fresh-peak-of-%e2%82%b998100-per-10-gm-silver-jumps-%e2%82%b91900","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/gold-soars-%e2%82%b91650-to-scale-fresh-peak-of-%e2%82%b998100-per-10-gm-silver-jumps-%e2%82%b91900\/","title":{"rendered":"Gold Soars \u20b91,650 To Scale Fresh Peak Of \u20b998,100 Per 10 Gm; Silver Jumps \u20b91,900"},"content":{"rendered":"

NEW DELHI, Apr 16: Gold prices soared by \u20b91,650 to hit an all-time high of \u20b998,100 per 10 gm in the national capital on Wednesday (April 16, 2025) amid a global rush for safe-haven buying triggered by an escalated trade war between the U.S. and China.
\nAccording to the All India Sarafa Association, the precious metal of 99.9% purity had finished at \u20b996,450 per 10 gm on Tuesday (April 15, 2025.)
\nGold of 99.5% purity also appreciated by \u20b91,650 to hit a fresh peak of \u20b997,650 per 10 gm against the previous close of \u20b996,000 per 10 gm. Additionally, silver prices climbed by \u20b91,900 to \u20b999,400 per kg. The white metal had closed at \u20b997,500 per kg on Tuesday (April 15, 2025.)
\nOn the global front, spot gold rose to touch a record high of $3,318 per ounce. Later, it pared some gains to trade at $3,299.99 per ounce.
\n\u201cGold surged to a record high, driven by growing trade war concerns after the U.S. government tightened export rules to China,\u201d Kaynat Chainwala, AVP-Commodity Research, Kotak Securities, said.
\nPresident Donald Trump has announced an investigation into whether tariffs are needed on critical minerals, further fuelling market anxiety. On Wednesday (April 16, 2025), the U.S. administration further raised tariffs on most goods from China to 245%.
\nAccording to Abans Financial Services\u2019 Chief Executive Officer Chintan Mehta, gold prices hit record highs as the U.S. dollar index slipped below the 100-mark, nearing three-year lows. He said the upswing in gold is fuelled by rising expectations of a potential interest rate cut, with markets closely watching the U.S. Federal Reserve Chair Jerome Powell\u2019s speech to come later in the day.
\n\u201cAs the Federal Reserve navigates the twin challenge of supporting economic growth while managing tariff-driven inflation, the current macro environment continues to offer strong support for gold. \u201cAdding to the bullish momentum, major banks remain positive on gold\u2019s outlook, citing continued inflows into gold-backed ETFs and sustained central bank buying,\u201d Mr. Mehta said. Spot silver in the Asian market hours rose nearly 2% to $32.86%.<\/p>\n

\"Gold
Gold Soars \u20b91,650 To Scale Fresh Peak Of \u20b998,100 Per 10 Gm; Silver Jumps \u20b91,900<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI, Apr 16: Gold prices soared by \u20b91,650 to hit an all-time high of \u20b998,100 per 10 gm in the national capital on Wednesday (April 16, 2025) amid a global rush for safe-haven buying triggered by an escalated trade war between the U.S. and China. According to the All India Sarafa Association, the precious […]<\/p>\n","protected":false},"author":2,"featured_media":28359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,67,89],"tags":[],"class_list":["post-28358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-header","category-national"],"gutentor_comment":0,"yoast_head":"\nGold Soars \u20b91,650 To Scale Fresh Peak Of \u20b998,100 Per 10 Gm<\/title>\n<meta name=\"description\" content=\"Gold prices soared by \u20b91,650 to hit an all-time high of \u20b998,100 per 10 gm in the national capital on Wednesday\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jammubulletin.com\/site\/gold-soars-\u20b91650-to-scale-fresh-peak-of-\u20b998100-per-10-gm-silver-jumps-\u20b91900\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Soars \u20b91,650 To Scale Fresh Peak Of \u20b998,100 Per 10 Gm\" \/>\n<meta property=\"og:description\" content=\"Gold prices soared by \u20b91,650 to hit an all-time high of \u20b998,100 per 10 gm in the national capital on Wednesday\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jammubulletin.com\/site\/gold-soars-\u20b91650-to-scale-fresh-peak-of-\u20b998100-per-10-gm-silver-jumps-\u20b91900\/\" \/>\n<meta property=\"og:site_name\" content=\"Jammu Bulletin\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/jammubulletinnews\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-16T13:44:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2025\/04\/12234520050441754708.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"522\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-soars-%e2%82%b91650-to-scale-fresh-peak-of-%e2%82%b998100-per-10-gm-silver-jumps-%e2%82%b91900\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-soars-%e2%82%b91650-to-scale-fresh-peak-of-%e2%82%b998100-per-10-gm-silver-jumps-%e2%82%b91900\/\"},\"author\":{\"name\":\"editor\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\"},\"headline\":\"Gold Soars \u20b91,650 To Scale Fresh Peak Of \u20b998,100 Per 10 Gm; 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