{
  "id": 11204597,
  "title": "Gold Rises ₹500 To ₹1,49,800 Per 10 Gram In Delhi On Weak Rupee, Firm Global Trend",
  "url": "https://urgent.news/2026/10/01/gold-rises-500-to-1-49-800-per-10-gram-in-delhi-on-weak-rupee-firm",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T13:23:07.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/gold-rises-500-to-149800-per-10-gram-in-delhi-on-weak-rupee-firm-global-trend"
  },
  "original_language": "en",
  "account": "New Delhi, October 1, 2026: Gold surged by ₹500, reaching ₹1,49,800 per 10 grams in the Indian capital on Thursday, buoyed by a weaker rupee and a robust global trend. The 99.9% pure metal had closed at ₹1,49,300 per 10 grams in the previous session. Meanwhile, silver saw a decline of ₹5,000, settling at ₹2.27 lakh per kilogram, including all taxes, down from Wednesday's closing price of ₹2.32 lakh per kg, according to local traders. Despite this two-day recovery, gold suffered a loss of ₹2,800, or nearly 2%, this week, while silver shed ₹10,000, or 4.2%, over the same period. The weakening rupee, which fell below the 96 per dollar mark, provided some support to domestic gold prices, which closed at 96.31 against the US dollar on Thursday, its weakest level in over two months. Bullion markets will be closed on Friday due to Gandhi Jayanti. Gold rose on Thursday following softer-than-expected US inflation data, which dampened expectations of a rate hike by the US Federal Reserve. Silver, however, remained volatile amid an upside move in the US dollar, said Gaurav Garg, Head of Research at brokerage platform Lemonn. Globally, spot gold climbed USD 11.94, or 0.29%, to USD 4,169.06 per ounce, while silver rose almost 1% to USD 60.79 an ounce. Gold's upward movement was fueled by softer inflation data, but the rally was derailed by a spike in oil prices due to ongoing uncertainty in Hormuz and refined product shortages. Senior Analyst - Commodities at HDFC Securities, Saumil Gandhi, noted that investors' focus will shift to upcoming US ISM Manufacturing PMI, weekly jobless claims, and comments from Federal Reserve officials for further insights into the monetary policy outlook.",
  "summary": "New Delhi, October 1, 2026: Gold prices rose for the second straight session, rising Rs 500 to Rs 1,49,800 per 10 grams in the national capital on Thursday, as a weaker rupee and a firm global trend supported the precious metal. The yellow metal of 99.9 per cent purity had closed at Rs 1,49,300 per 10 grams in the preceding session. Silver, however, declined by Rs 5,000 to Rs 2.27 lakh per…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}