Gold prices in India rose sharply on Thursday, defying a downturn in international markets as domestic traders capitalized on lower entry points.
Spot gold in Delhi climbed ₹400 to reach ₹1,48,500 per 10 grams, driven by renewed value buying interest.
43% to $4,106.25 per ounce, while silver fell nearly 1% to $59.
Silver also posted significant gains, jumping ₹5,000 per kilogram amid similar demand dynamics.
The domestic rally occurred even as global precious metals faced headwinds.
In international markets, spot gold slipped 0.43% to $4,106.25 per ounce, while silver fell nearly 1% to $59.54 per ounce.
The divergence highlights the resilience of Indian physical demand, which continues to absorb supply despite global price softness.