On October 13, 2025, gold prices in Delhi rose by ₹1,950 to reach a new peak of ₹1,27,950 per 10 grams. Photo courtesy: AFP
Gold prices in the national capital rose by ₹1,950 to hit a new peak of ₹1,27,950 per 10 gram on Monday (October 13, 2025) due to safe-haven demand amid renewed US-China trade tensions.
According to the All India Bullion Association, the precious metal of 99.9% purity had closed at Rs 1,26,000 per 10 grams on Friday (October 10, 2025).
Besides, gold of 99.5% purity jumped ₹1,950 to hit an all-time high of ₹1,27,350 per 10 grams (including all taxes). In the last market session, the yellow metal had closed at ₹1,25,400 per 10 grams.
“Gold prices rose sharply as safe-haven demand revived amid renewed US-China trade tensions,” said Jatin Trivedi, VP Research Analyst, Commodity & Currency, LKP Securities.
America. The administration’s announcement of a 100% tariff hike on select Chinese products as well as China’s threat to restrict rare earth exports has increased global uncertainty and risk aversion.
“This geopolitical tension coupled with continued demand from investors seeking safety remains the bullish outlook for gold,” Mr Trivedi said.
A strong rise in silver prices was also seen in the spot markets. On Monday, the white metal jumped ₹7,500 to hit a new record of ₹1,79,000 per kg (including all taxes). According to the association, it had ended at ₹1,71,500 per kg on Friday.
In international markets, spot gold rose nearly 2% to a new record high of $4,084.99 an ounce.
“Bullion prices have hit fresh and unprecedented levels, driven primarily by strong festive demand and structural supply and liquidity constraints.
“The surge in gold is primarily driven by rising investment interest against the backdrop of enduring geopolitical tensions and solid accumulation by global central banks,” said Dilip Parmar, research analyst at HDFC Securities.
Mr Parmar said traders argue that the current secular bull market for precious metals is poised for continued growth due to both investment momentum and seasonal buying cycles.
In overseas markets, spot silver rose nearly 3% to a new all-time high of $51.74 an ounce.
“Silver jumped more than 2% on Monday to above $51 an ounce, hitting a new all-time high as safe-haven demand increased on renewed US-China trade concerns, political instability and expectations of further US rate cuts,” said Jigar Trivedi, senior research analyst at Reliance Securities.
published – October 13, 2025 06:13 pm IST
