Gold prices in the national capital surged by Rs 900, reaching Rs 1,06,970 per 10 grams, driven by a weaker rupee, firm global trends, and anticipation of a US Federal Reserve rate cut. Silver prices remained steady, while global spot gold neared record highs amid expectations of lower US interest rates and safe-haven demand due to geopolitical tensions. Post navigation GST relief for gems sector: Small diamond imports exempted from IGST; jewellery box tax cut to 5% Elon Musk package: Tesla board files $1 trillion Musk pay plan if 12 goals met; targets include robotaxis, AI bots
