Gold prices in Delhi surged by Rs 1,950 on October 13, 2025, reaching an all-time high of Rs 1,27,950 per 10 grams. The rally is attributed to safe-haven demand triggered by renewed global trade tensions and investor flight from equities. Analysts expect continued volatility and elevated prices in the near term.
Gold Soars to Record Levels in Delhi: What’s Driving the Surge
Gold prices in India’s capital hit a new milestone on Monday, October 13, 2025, with 10 grams of 24-carat gold climbing to Rs 1,27,950. The Rs 1,950 single-day jump marks the highest rate ever recorded in Delhi, reflecting heightened investor demand amid global economic uncertainty.
Key Highlights from the Market Update:
Price Movement
Gold of 99.9% purity rose from Rs 1,26,000 to Rs 1,27,950 per 10 grams.
Gold of 99.5% purity also saw a sharp rise, reaching Rs 1,27,350 per 10 grams.
Global Factors at Play
Renewed U.S.-China trade tensions have triggered a flight to safe-haven assets like gold.
Weakness in global equity markets and concerns over inflation have further boosted demand.
Investor Sentiment
Gold continues to be viewed as a hedge against economic instability, especially amid geopolitical risks.
Domestic investors are increasingly turning to bullion as a store of value.
Market Commentary
According to the All India Sarafa Association, the surge reflects both international cues and domestic buying pressure.
Traders expect prices to remain elevated if global uncertainty persists.
Impact on Retail Buyers
The record price may dampen short-term demand for physical gold, especially in the jewelry segment.
However, investment-grade gold (coins and bars) continues to attract interest.
Silver Trends
Silver also saw upward movement, though less dramatic, trading around Rs 79,000 per kilogram.
Outlook Ahead
Analysts suggest that gold could test Rs 1,30,000 per 10g if current trends continue.
Upcoming festive demand and central bank policies will be key factors to watch.
This price rally underscores gold’s enduring role as a financial safe haven, especially in times of global flux.
Sources: The Hindu, Deccan Herald