Gold price jumps ₹2,400 to ₹99,750-10g ahead of US Fed policy decision

Gold prices surged Rs 2,400 to Rs 99,750 per 10 grams in the national capital on Tuesday due to persistent buying by jewellers and stocks, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had ended at Rs 97,350 per 10 grams. Extending the gains for the third straight day, gold of 99.5 per cent purity jumped Rs 2,400 to Rs 99,300 per 10 grams on Tuesday. It had closed at Rs 96,900 per 10 grams in the previous close. "Gold prices edged higher as safe-haven demand returned following President Donald Trump's announcement of fresh tariff plans. "The proposed measures include duties on pharmaceutical imports and a steep 100 per cent tariff on movies produced outside the United States -- a move that stoked concerns over renewed trade tensions and their potential impact on global growth," Abans Financial Services' Chief Executive Officer Chintan Mehta said. As per the Sarafa Association, silver prices also climbed Rs 1,800 to Rs 98,500 p