Gold price surges ₹2,600 to hit fresh peak of ₹1.26 lakh/10 g


Gold bangles are displayed at an jewelery shop in Mumbai

Gold bangles are displayed at a jewelery shop in Mumbai, photo credit: Reuters

On Wednesday (October 8, 2025), gold prices were received by ₹ 2,600 for a third straight day to hit a new lifetime of ₹ 1,26,600 per 10 grams in the national capital, which was with strong global trends with strong global trends with strong global trends amidst enlightened uncertainty due to the United States being closed for a long time.

Precious metal has pairs ₹ 6,000 in the last three days as global risk-Arson has inspired investors to run for safe shelter assets.

According to the All India Sarafa Association, a day after entering a steep boom of ₹ 2,700 on Monday (October 6), 99.9% purity was closed on Tuesday (October 7).

On Wednesday (7 October), yellow metal of 99.5% purity appreciated of 2,600 in the local bullion market for touching the all -time high of ₹ 1,26,000 per 10 grams (inclusion of all taxes).

It settled at 10 grams per 10 grams per 10 grams in the last market session.

Analysts said the ongoing US government shutdowns and growing global geopolitical stresses have promoted flow in safe haven assets.

In addition, silver prices increased by ₹ 3,000 on Wednesday on Wednesday to trade with a record high of ₹ 1,57,000 per kg (inclusive of all taxes). On Tuesday (October 7), the white metal was ₹ 1,54,000 per kg.

White Metal hit a record high of 1,57,400 per kg on Monday (October 6).

In foreign markets, strong traction was observed in bullion prices. Spot Gold increased by about 2% to a record high hit of $ 4,049.59 per ounce.

“Spot Gold climbed above the major $ 4,000 per ounce-mark for the first time, which was inspired by safe-havan demand amid concerns about the US economy and government shutdown.

AVP Commodity Research, Kotak Securities said, “Geo -political stress in Ukraine, political instability in France and Japan, and the increasing expectations of the fed rate cut between data blackouts also support the upside down.”

Spot silver increased by more than 2% to a high hit of $ 48.99 an ounce in global markets.


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