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Gold Hits ₹119,400/10g in India, Nears $3,886/oz Globally
On October 4, 2025, the price of 24-carat gold in India climbed to ₹119,400 per 10 grams, up ₹870 from the previous day. International prices rose to $3,885.77 per troy ounce, marking a 0.77% daily gain and over 9.5% increase for the month. Gold’s rally has been fueled by robust festive demand, central bank buying, safe-haven interest due to global uncertainties, and weakness in the US dollar. Analysts expect gold could trade between $3,950–$4,000/oz (₹1,20,000–₹1,22,000/10g) by Diwali, depending on further geopolitical developments.
Companies:
- Reserve Bank of India
- Federal Reserve
Tags:
- markets
- economy
Explore:Mutual Fund Tools
positive
Gold Hits ₹119,400/10g in India, Nears $3,886/oz Globally
On October 4, 2025, the price of 24-carat gold in India climbed to ₹119,400 per 10 grams, up ₹870 from the previous day. International prices rose to $3,885.77 per troy ounce, marking a 0.77% daily gain and over 9.5% increase for the month. Gold’s rally has been fueled by robust festive demand, central bank buying, safe-haven interest due to global uncertainties, and weakness in the US dollar. Analysts expect gold could trade between $3,950–$4,000/oz (₹1,20,000–₹1,22,000/10g) by Diwali, depending on further geopolitical developments.
Companies:
- Reserve Bank of India
- Federal Reserve
Tags:
- markets
- economy
Explore:Mutual Fund Tools
1 min read
82 words
Gold prices reached new highs globally and in India, supported by strong festive demand, central bank purchases, and market uncertainties. The bullish trend is likely to continue through the Diwali season, with investors favoring coins and bars.
On October 4, 2025, the price of 24-carat gold in India climbed to ₹119,400 per 10 grams, up ₹870 from the previous day. International prices rose to $3,885.77 per troy ounce, marking a 0.77% daily gain and over 9.5% increase for the month. Gold’s rally has been fueled by robust festive demand, central bank buying, safe-haven interest due to global uncertainties, and weakness in the US dollar. Analysts expect gold could trade between $3,950–$4,000/oz (₹1,20,000–₹1,22,000/10g) by Diwali, depending on further geopolitical developments.
On October 4, 2025, the price of 24-carat gold in India climbed to ₹119,400 per 10 grams, up ₹870 from the previous day. International prices rose to $3,885.77 per troy ounce, marking a 0.77% daily gain and over 9.5% increase for the month. Gold’s rally has been fueled by robust festive demand, central bank buying, safe-haven interest due to global uncertainties, and weakness in the US dollar. Analysts expect gold could trade between $3,950–$4,000/oz (₹1,20,000–₹1,22,000/10g) by Diwali, depending on further geopolitical developments.
Companies:
- Reserve Bank of India
- Federal Reserve
Tags:
- markets
- economy
- markets
- economy
- stocks
- global
- mutual_funds