Gold and silver prices have seen notable increases recently, with 24-carat gold priced at ₹73,260 per ten grams and silver at ₹86,600 per kilogram, reflecting a trend driven by economic uncertainties and geopolitical tensions. In the first eight months of 2024, gold surged over 20%, reaching a high of $2,531.6 per ounce, while silver rose to $32.5 per ounce, both benefiting from central bank purchases and anticipated rate cuts by the U.S. Federal Reserve. Domestically, the price of 22-carat gold has also climbed to ₹67,160 per ten grams, indicating a robust market response. Analysts attribute these price movements to strong spot demand and favorable conditions for precious metals. Recent trading activity shows silver futures have increased by Rs 389, driven by positive domestic trends and firm demand. As market conditions remain volatile, investors are advised to monitor global economic developments closely.