New Delhi, October 6, 2025: Gold prices surged sharply by Rs 2,700 on Monday to reach a fresh record of Rs 1,23,300 per 10 grams in the national capital, driven by strong safe-haven demand in global markets. According to the All India Sarafa Association, 99.9% pure gold had closed at Rs 1,20,600 per 10 grams on Friday.
In the local bullion market, 99.5% pure gold jumped by Rs 2,700 to settle at Rs 1,22,700 per 10 grams, inclusive of all taxes, compared to Rs 1,20,000 per 10 grams in the previous session. Silver also recorded robust gains, rising by Rs 7,400 to hit Rs 1,57,400 per kilogram, up from Rs 1,50,000 per kilogram on Friday.
Globally, spot gold rose nearly 2% to an all-time high of $3,949.58 per ounce, while silver gained over 1%, climbing to $48.75 per ounce. Analysts attributed the surge in precious metals to continued safe-haven buying amid market volatility and international uncertainties.
Gold Hits Record Rs 1,23,300 per 10 Grams in Delhi Amid Safe-Haven Buying; Silver Also Climbs
