Gold Price Today: Gold and silver prices strengthened in the national capital on Thursday. Gold jumped by Rs 330 to Rs 79,720 per 10 grams. On Wednesday, it closed at Rs 79,390. At the same time, the price of silver increased by Rs 130 to Rs 90,630 per 10 grams, which was at Rs 90,500 in the previous session.

International markets supported

International markets were the main contributors to this rise in precious metals. Gold futures on Comex closed at $2,649.50 an ounce with a rise of $8.50. According to Jatin Trivedi, research analyst at LKP Securities, a positive trend was seen in gold after crossing the level of Rs 77,300 in the domestic market. The weakness of the rupee also strengthened this rise.

Increasing interest of investors

The bullion market has shown signs of strength at the beginning of the new year. HDFC Securities senior analyst Saumil Gandhi said that continuing last year's upward trend, gold traded positive on the first day of the year 2025.

Activism of jewelers

Continuous buying by retailers and jewelers also kept the market high. Experts believe that market volatility may increase in the coming days. The market is eyeing the economic data released from America, such as unemployment claims and manufacturing PMI.

What do the prices say?

The price of gold of 99.5 percent purity also increased by Rs 330 to Rs 79,170 per 10 grams. At the same time, the price of silver was recorded at Rs 90,630 per 10 grams.

Expectations ahead

According to experts, the combination of international strength and domestic demand can lead to further growth in the bullion market. This time is considered important for investors to invest in gold and silver.

It is worth noting that the current trend of bullion market shows that investors' inclination remains towards precious metals. However, there are signs of further volatility in the market, which advises investors to remain cautious.