On Monday (October 6, 2025), gold prices were touched by Sake 2,700 in the national capital to ski a fresh peak of ₹ 1,23,300 per 10 grams, which was raised from buying safe havan in foreign markets.
According to the All India Sarafa Association, the yellow metal of 99.9% purity was closed at ₹ 1,20,600 per 10 grams on Friday (October 3, 2025).
In the local bullion market, on Monday (October 6, 2025), on Monday (incorporating all taxes), ₹ 1,22,700 per 10 1,22,700 per record jumped 99.5% purity gold to a record high of ₹ 2,700. It settled at 10 grams per 10 grams per 10 grams in the last market session.
“On Monday (October 6, 2025), a new record reached a high level as investors still like the bullion despite this record high price. They are expecting further benefits in the bullion supported by favorable infrastructure and strong speed,” Saumil Gandhi, Senior Analysts of HDFC Securities – said Commodities.
Mr. Gandhi said that concerns about the prolonged shutdown of the US government affect economic performance, supporting the demand for safe-heaven metal.
Silver prices also saw strong benefits. White metal, bounced from 7,400, and reached a new peak of 1,57,400 per kg (including all taxes). According to the association, it ended at 1,50,000 per kg on Friday (October 3, 2025).
Silver prices have increased by ₹ 67,700 or 75.47% in the current calendar year, on 31 December, 2024, a rally has been rally from 89,700 per kg.
In international markets, Spot Gold increased by about 2% to touch an all -time high of $ 3,949.58 an ounce, while Silver increased by more than 1% to a high hit of $ 48.75 an ounce.
AVP Commodity Research in Kotak Securities said, “Spot Gold increased the profit and for the first time increased above $ 3,940 an ounce as the US government’s shutdown entered its sixth day, after the EVP Commodity Research Chainwala said in Kotak Securities.
Meanwhile, on Monday (October 6, 2025), gold and silver futures in the domestic futures market also killed their fresh peaks.
Yellow metal futures for December delivery jumped from ₹ 1,962 or 1.66% to hit a record high of ₹ 1,20,075 per 10 g on Multi Commodity Exchange (MCX).
In February 2026, the contract for gold fuxures was appreciated by ₹ 2,047 or 1.71%, which is to touch a new peak of 10 grams per 10 grams per 10 grams.
“Gold traded positively with a sharp advantage to hit a record of a record ₹ 1,20,000 per 10 gram-marks, as Comex Gold extended its rally above $ 3,900 per ounce. The demand for the ongoing festive and global spirit-operating rally prices continue to support the price, while the weakness of the rupee adds domestic power,” Jatan RK, VP, VP, VP, VP, VP In.
Saw the benefits on silver, also, MCX. White metal futures recorded ₹ 2,233 or 1.53% per kg for December delivery.
The contract of March 2026 for silver futures increased to 2,337 or 1.59% to hit a lifetime of ₹ 1,49,605 per kg on commodities boors.
Globally, the gold futures for December delivery climbed to a record high level of $ 3,973.60 an ounce. Silver futures hit a high of $ 48.58 an ounce for December delivery.
Chinton Mehta, Chief Executive Officer of Abans Financial Services, said, “The closure of the US government has delayed the release of major economic data, including the September jobs report, which has created uncertainty on the health of labor market data and other important indicators.”
Mr. Mehta said that the prices of precious metal have raised their historic rally in recent months, inspired by ongoing concerns on the US economy and disappointing employment figures.
Renisha Chanani, head of research at Ogamont, said that gold prices have risen by 50% this year, compared to 65% of international markets this year.
“The year of 2025 has been the year of uncertainty -it began with political uncertainty, then tariff uncertainty, geopolitical uncertainty, rate cut uncertainty and now US shutdown uncertainty. All these factors have supported bullion prices to increase this year’s events on safe demand this year,” said Sushrinani.
He said that a weak dollar, strong central bank procurement, increasing demand for gold-supported exchange-traded funds, and increasing interest from retail investors increased the demand for gold as a direct hedge.
This week, investors will closely monitor some market indicators such as Federal Open Market Committee Meeting Minutes and Fed Reserve Chair Jerome Powells on Thursday (October 9, 2025), Human Modi, Analyst – Motel Oswal Financial Services in Motational Research.
