Introduction: Gold Price Today in India Per 10 Grams Hits Record High, Silver Also Surges
The gold price today in India per 10 grams reached an all-time high as investors turned to safe-haven assets amid global uncertainty. Along with gold, silver prices also witnessed a sharp rise, creating fresh records in the bullion market. Experts attribute this surge to international economic concerns and expectations of a U.S. Federal Reserve interest rate cut.
Gold Price Reaches Historic Peak
According to the Indian Bullion and Jewellers Association (IBJA), 24-carat gold price closed at ₹1,09,707 per 10 grams on Friday. This marks an increase of ₹1,670 within a week, compared to Monday’s price of ₹1,08,037. Similarly, 22-carat gold rose from ₹98,962 to ₹1,00,492 per 10 grams during the same period.
Silver Prices Cross ₹1.28 Lakh Per Kg
Silver prices also jumped significantly. From ₹1,24,413 per kg on Monday, silver rose by ₹3,595 to settle at ₹1,28,008 per kg by Friday. Analysts note that silver has consistently traded above ₹1.20 lakh per kg since the beginning of this month.
Global Factors Driving the Surge
Global political and economic uncertainty, along with concerns over U.S. tariffs, has led investors to shift toward safe-haven assets like gold and silver. Additionally, market speculation that the U.S. Federal Reserve may cut interest rates by 0.50% next week is further fueling the price rally.
Market analyst Jatin Trivedi from LKP Securities stated, “Expectations of a Fed rate cut are strongly influencing the market, pushing gold higher. In the near term, gold price today in India per 10 grams may fluctuate between ₹1,07,000 and ₹1,12,000.”
Expert Outlook on Gold and Silver Trends
If the current global conditions persist, both gold and silver prices are expected to climb further. Many investors in India continue to view gold not only as jewelry but also as a trusted investment hedge against inflation and market volatility.
FAQs
Q1: What is the gold price today in India per 10 grams?
As of Friday, the gold price is ₹1,09,707 per 10 grams (24-carat), according to IBJA data.
Q2: Why is gold price rising in India now?
The surge is driven by global economic uncertainty, U.S. tariff concerns, and expectations of a Federal Reserve interest rate cut.
Q3: What is the silver price today in India per kg?
Silver prices have reached ₹1,28,008 per kg, recording a weekly increase of ₹3,595.
Conclusion
The gold price today in India per 10 grams has touched an all-time high due to global uncertainties and investor demand for safe-haven assets. With silver also scaling new peaks, the bullion market remains volatile yet attractive for investors. Experts believe the upward momentum could continue in the near future.
Disclaimer: This article provides general information on commodity prices and market trends. It is not financial advice. Investors are advised to consult certified financial experts before making investment decisions.