💰 Gold & Silver Break Records: Investors Rush to Safe Havens

👋 Greetings from the Finance Desk

Welcome to today’s edition of Global Markets Insight.
The bullion market is setting new records, and both gold and silver are shining brighter than ever before. Let’s break down what’s driving this momentum and what it means for investors.

🟡 Gold Hits Unprecedented Levels

Gold prices climbed for the seventh consecutive session, hitting a historic $1,202.80 (₹106,070) per 10g in Delhi on September 2, 2025.

• 99.9% purity: $1,202.80 (₹106,070) per 10g

• 99.5% purity: $1,193.22 (₹105,200) per 10g

📈 Year-to-Date Performance: Gold has surged 34.35%, up from $895.75 (₹78,950) per 10g on Dec 31, 2024.
📈 One-Week Surge: Added $66.90 (₹5,900) per 10g in just seven sessions.

💬 “The appeals court’s tariff ruling sparked investor anxiety, accelerating the flight to gold,” said Renisha Chainani, Augmont Research.

⚪ Silver Extends Its Stunning Outperformance

Silver continued its winning streak, reaching a record $1,430.50 (₹126,100) per kg — up $1.13 (₹100) in a single day.

• 3-Day Rally: +$80.55 (₹7,100) per kg

• YTD Performance: +40.58% (from $1,016.35 | ₹89,700 per kg)

💬 “Silver’s breakout above $40/oz marks its strongest run since 2011,” noted Riya Singh, Emkay Global.

💵 Rupee Hits All-Time Low

The Indian rupee closed at 88.18/$, marking its weakest level in history.
Factors pressuring the rupee include:

• Trade deal uncertainty with the U.S.

• Weak domestic equity market sentiment

• Global risk-off trade

🌍 International Market Highlights

• Gold (NY Spot): Peaked at $3,508.54/oz intraday, now trading at $3,477.41/oz.

• Silver (NY Spot): Corrected to $40.29/oz after touching $41.24/oz — highest in over a decade.

💬 “Fed rate cut expectations and tariff fears drove gold to uncharted territory,” said Deveya Gaglani, Axis Securities.

🔎 Why Investors are Flocking to Bullion

• Geopolitics: Stronger India-Russia-China ties challenge U.S. dominance.

• Currency Risk: Weakening dollar and rupee make gold attractive.

• Safe-Haven Demand: Investors hedge against inflation, tariffs, and market volatility.

🏦 Historical Context

• Gold last saw a rally of this scale in 2011, when global debt crises shook markets.

• Silver’s recent breakout has outpaced gold’s gains, signaling heightened industrial and speculative interest.

📈 Investor Outlook – What’s Next?

• Short Term: Prices may consolidate, but volatility remains high due to profit-booking.

• Medium Term: Upcoming U.S. payroll data and Fed policy will be key drivers.

• Long Term: Bullion remains a hedge against trade wars, inflation, and geopolitical instability.

💬 “Markets are waiting for U.S. jobs data to gauge the Fed’s next move — but for now, gold and silver remain investors’ favorite safe havens,” said Chintan Mehta, CEO, Abans Financial Services.

📊 Quick Recap at a Glance

• 🟡 Gold (India): $1,202.80 / 10g — record high

• ⚪ Silver (India): $1,430.50 / kg — outperforms gold

• 💵 Rupee: 88.18 / USD — historic low

• 🌍 Gold (Global): $3,477.41 / oz — near all-time high

• 🌍 Silver (Global): $40.29 / oz — decade-high

🙏 Thank You for Reading

That wraps up today’s Global Markets Insight.
We’ll continue tracking the surge in bullion and its ripple effects across currencies, equities, and trade flows.

⚠️ Disclaimer

The information provided in this newsletter is for educational and informational purposes only. It should not be considered as financial advice, investment recommendation, or an offer to buy or sell any financial instrument.

Stay tuned — and stay invested wisely!