Gold jumps Rs 850 to hit an all-time high of Rs 70k

Gold prices hit a new high at Rs 70,050 per 10 grams, with silver rising to Rs 81,700 per kg. Analyst Saumil Gandhi noted the bullish trend in global markets. COMEX reported spot gold trading at $2,297 per ounce. The surge followed hints of an interest rate cut by Federal Reserve Chair Jerome Powell.