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Gold shines at all-time high of Rs 78,450/ 10gm

Photo for representational purpose only. - File photo

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Gold prices rose by Rs 150 to hit a fresh all-time high of Rs 78,450 per 10 gm in the national capital on Friday due to increased demand from jewellers and retailers driven by the ongoing festive season.

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Silver surged Rs 1,035 to Rs 94,200 per kg from Rs 93,165 per kg in the previous session, according to the All India Sarafa Association.

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Meanwhile, gold of 99.5 per cent purity climbed Rs 200 to reach an all-time high level of Rs 78,100 per 10 gm.

Bullion traders attributed the rise in precious metal prices to heightened demand by jewellers and retailers driven by the ongoing ‘Navratri’ festival.

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