Gold prices rallied by ₹1,950 to hit a fresh peak of ₹1,27,950 per 10 grams in Delhi on Monday, according to the All India Sarafa Association. Meanwhile, silver prices jumped by ₹7,500 to reach a new record of ₹1,79,000 per kg. Spot gold and spot silver also surged to all-time highs of $4,084.99 and $51.74 per ounce, respectively.