Gold prices surged Rs 5,080 on Tuesday, touching an all-time high of Rs 1,12,750 per 10 grams in Delhi. The sharp rise followed strong global market trends and increased investor demand for safe-haven assets.
So far in 2025, gold has gained Rs 33,800 per 10 grams, a jump of nearly 43% compared to its level of Rs 78,950 on December 31, 2024. According to the All India Sarafa Association, standard gold of 99.9% purity closed at Rs 1,07,670 per 10 grams on Monday before jumping to the new record.
Silver prices also rallied, rising Rs 2,800 to Rs 1,28,800 per kilogram. In international markets, gold reached a record high of USD 3,659.27 per ounce, supported by weak US labour data and hopes of monetary policy easing.
The dollar index, which tracks the US currency against six major currencies, slipped to 97.29, down by 0.17%. This decline pushed more investors towards gold, further boosting demand.
Traders noted that gold prices surged not only in India but also globally, marking multiple all-time highs this year. With over 35% growth in international markets, gold remains one of the strongest performing assets of 2025.
