Gold climbs to Rs 1.28 lakh/10g in Delhi on festive demand
New Delhi (PTI): Gold prices climbed Rs 3,500 to Rs 1,28,900 per 10 grams in the national capital on Tuesday amid fresh buying by local jewellers and retailers for the wedding festivities, according to the All India Sarafa Association.
Snapping its three-day losing streak, the precious metal of 99.5 per cent purity appreciated by Rs 3,500 to Rs 1,28,300 per 10 grams (inclusive of all taxes).
Silver prices also witnessed buying interest in tandem with gold. The white metal soared by Rs 5,800 to Rs 1,60,800 per kilogram (inclusive of all taxes).
Traders said demand from local jeweller businesses has picked up for the wedding season.
A weak US dollar against major currencies also boosts the demand for the safe-haven asset.
"Gold prices advanced on Tuesday, buoyed by a softer US dollar and surging December rate-cut expectations, following dovish remarks from Federal Reserve officials," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
In the overseas market, spot gold was trading 0.09 per cent lower at USD 4,131.09 per ounce in New York, while spot silver fell 0.40 per cent at USD 51.15 per ounce.
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AAP accuses Chadha of indulging in 'soft PR', dodging key issues in Parliament
New Delhi (PTI): The AAP on Friday hit back at party MP Raghav Chadha, accusing him of shying away from raising issues against the Centre in Parliament and instead engaging in "soft PR".
Delhi Aam Aadmi Party (AAP) President Saurabh Bharadwaj alleged that Chadha failed to toe the party's line on several matters in Parliament and did not join opposition walkouts on key issues.
"We all are soldiers of Arvind Kejriwal, the Centre doesn't care about soft PR or talking about samosas at airport canteens when bigger issues are at stake," Bharadwaj said in a video posted on X.
"Whenever the Opposition staged a walkout in Parliament, you (Chadha) did not participate. You did not raise issues concerning Punjab, from where you are elected, and you hid in a foreign country when former Delhi CM Arvind Kejriwal was arrested," he added.
AAP national media in-charge Anurag Dhanda also criticised Chadha, questioning whether someone who "fears" Prime Minister Narendra Modi can fight for the country.
"In West Bengal, the right to vote is being snatched away. When a proposal against the CEC came up in the House, you (Chadha) refused to sign it," Dhanda said on X.
"In Parliament, we get limited time to speak, and it can be used either to fight for the nation or discuss trivial matters like cheaper samosas at airport canteens," Dhanda said, adding that Chadha has been hesitant to speak on "real issues" for the last few years.
The remarks came after Chadha earlier in the day said he was "silenced, not defeated", a day after being removed as the AAP's deputy leader in Rajya Sabha.
