{"id":14667,"date":"2025-10-08T16:01:26","date_gmt":"2025-10-08T10:31:26","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=14667"},"modified":"2026-01-07T15:55:26","modified_gmt":"2026-01-07T10:25:26","slug":"gold-prices-hit-record-%e2%82%b91-22-lakh-10-gm-on-mcx-whats-driving-the-surge","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/gold-prices-hit-record-%e2%82%b91-22-lakh-10-gm-on-mcx-whats-driving-the-surge\/","title":{"rendered":"Gold Hits Record \u20b91.22 Lakh\/10 gm: What\u2019s Fuelling the Rally?"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]Gold prices shattered all previous records this week, climbing past \u20b91.22 lakh per 10 grams on the Multi Commodity Exchange (MCX) for the December 2025 contract \u2014 the highest-ever level seen in India.<\/p>\n

Globally, spot gold crossed $4,000 per ounce for the first time, extending its remarkable 52% year-to-date rally. Silver, too, joined the surge, touching \u20b91.47 lakh per kg on the domestic market.<\/p>\n

The rally highlights a global rush toward safe-haven assets amid heightened economic uncertainty, geopolitical tensions, and expectations of US interest rate cuts.<\/p>\n

<\/span>What\u2019s Fueling the Gold Rally?<\/strong><\/span><\/h2>\n

A combination of global and domestic factors has pushed gold to uncharted territory:<\/p>\n

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  1. Central Banks Are Accumulating Gold<\/strong><\/li>\n<\/ol>\n

    Several central banks, including the People\u2019s Bank of China, have been steadily adding to their gold reserves. This ongoing accumulation helps diversify currency exposure and has boosted global demand.<\/p>\n

      \n
    1. Expectations of US Rate Cuts<\/strong><\/li>\n<\/ol>\n

      Markets now expect the US Federal Reserve to begin cutting interest rates later this year. Lower rates reduce the appeal of interest-bearing assets, making gold \u2014 a non-yielding store of value \u2014 more attractive.<\/p>\n

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      1. Global Economic Uncertainty<\/strong><\/li>\n<\/ol>\n

        Concerns about a US government shutdown, slower global growth, and ongoing geopolitical risks in Europe and Asia have pushed investors toward safe-haven assets like gold.<\/p>\n

          \n
        1. Festive Season Demand in India<\/strong><\/li>\n<\/ol>\n

          Domestically, India\u2019s gold imports nearly doubled in September as jewellers and banks replenished stocks ahead of the festive and wedding season, traditionally a strong period for gold demand.<\/p>\n

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          1. Strong ETF and Retail Buying<\/strong><\/li>\n<\/ol>\n

            Gold-backed exchange-traded funds (Gold ETFs<\/a>) have seen steady inflows this year. Retail investors are also showing renewed interest in gold as part of their diversified portfolios.<\/p>\n

            <\/span>How Global Factors Are Influencing Prices<\/strong><\/span><\/h2>\n