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Gold surges Rs 700 to hit record high of Rs 1.24 lakh per 10g in Delhi
Updated On: 07 October, 2025 05:48 PM IST | New Delhi | mid-day online correspondent
As per the All India Sarafa Association, the price of 24-carat gold (99.9 per cent purity) had closed at Rs 1,23,300 per 10 grams on Monday. In the local bullion market, gold of 99.5 per cent purity also surged by Rs 700 to touch a lifetime peak of Rs 1,23,400 per 10 grams – up from Rs 1,22,700 in the previous session
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Globally, spot gold was trading slightly lower at USD 3,958.18 per ounce after earlier hitting an all-time high of USD 3,977.45 per ounce during the day. Representational pic
Gold prices jumped by Rs 700 to hit a new all-time high of Rs 1.24 lakh per 10 grams in the national capital on Tuesday, amid rising safe-haven demand fuelled by concerns over the ongoing US government shutdown and increasing expectations of further rate cuts by the US Federal Reserve, news agency PTI reported.
As per the All India Sarafa Association, the price of 24-carat gold (99.9 per cent purity) had closed at Rs 1,23,300 per 10 grams on Monday.
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