Silver extends record run to Rs 2.86 lakh/kg; gold hits fresh record Rs 1.46 lakh/10g in Delhi
New Delhi (PTI): Silver prices zoomed by Rs 15,000 to a fresh record of Rs 2,86,000 per kg in the national capital on Wednesday, while gold also climbed to touch a lifetime high of Rs 1,46,500 per 10 grams, tracking strong global trends.
According to the All India Sarafa Association, silver prices extended their blistering rally for the fourth consecutive day by jumping Rs 15,000, or 5.5 per cent, to touch a new peak of Rs 2,86,000 per kilogram (inclusive of all taxes) up from Tuesday's close of Rs 2,71,000 per kg.
With the latest rise, the metal had appreciated by Rs 42,500, or 17.45 per cent, over the past four sessions from Rs 2,43,500 per kg on January 8.
Traders said silver continued to outperform gold in terms of returns. During the calendar year, the metal has rallied nearly 20 per cent, gaining Rs 47,000 from Rs 2,39,000 per kg recorded on December 31, 2025.
Gold of 99.9 per cent purity also climbed by Rs 1,500 to scale yet another peak of Rs 1,46,500 per 10 grams (inclusive of all taxes) on Wednesday. The yellow metal had settled at Rs 1,45,000 per 10 grams in the previous session.
In the past four sessions, the precious yellow metal prices have risen Rs 6,000, or 4.3 per cent, from Rs 1,40,500 per 10 grams on January 8.
So far this year, gold prices have gained Rs 8,800, or 6.4 per cent, from Rs 1,37,700 per 10 grams recorded on December 31, 2025.
The domestic bullion rally mirrors sharp gains in the overseas markets.
Spot silver breached USD 91 per ounce-mark for the first time, surging more than 5 per cent to a record of USD 91.56 per ounce while gold advanced by 1.14 per cent, to a fresh record of USD 4,640.13 per ounce.
"Persistent geopolitical unrest across the globe and a weak dollar index boosted safe-haven demand, while softer inflation data increased expectations of a interest rate cut by the US Federal Reserve, underpinning safe-haven appeal," an expert said.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Telangana: Farm labourer dies after kite string cuts throat
Hyderabad (PTI): A 38-year-old farm labourer from Uttar Pradesh died on Wednesday after a kite string cut his throat in Sangareddy district, police said.
The incident occurred while he was riding a two-wheeler in Fasalwadi village on his way to buy vegetables.
Preliminary investigations suggest the kite string was not 'Chinese manja' (synthetic/nylon kite string), officials said.
“Prima facie, it does not appear to be 'Chinese manja'; however, we will seek expert opinion and investigate scientifically,” Superintendent of Police Paritosh Pankaj told PTI.
The string reportedly entangled the man’s neck, causing a deep cut and severe bleeding. He was taken to a hospital, where he succumbed to his injuries, a police official said.
A case has been registered, and investigations are ongoing.
A police official and another person, reportedly sustained injuries in separate incidents in the city over the past few days after kite strings cut their throats.
Ahead of the Sankranti festival, Hyderabad City Police have stepped up enforcement against the banned 'Chinese manja' to curb its sale, storage, and transportation.
Over the past month, police have registered more than 100 cases, seized the banned item, and arrested those involved in its sale.
The Telangana government banned 'Chinese manja' in 2016 due to its threat to humans, birds, and the environment.
Sale and use of the string is illegal and punishable with imprisonment of up to five years and a fine of up to Rs one lakh, police added.
