The price of gold has increased significantly today, crossing the ₹86,000 per 10 grams mark on MCX (Multi Commodity Exchange). The demand for gold has surged as global investors seek safe investment options due to ongoing global uncertainties.
👉 Gold April Futures Price: ₹86,000+ per 10 grams (an increase of ₹160).
👉 All-Time High Price: ₹86,592 per 10 grams.
The increasing demand for gold and the weakening of the US Dollar Index in the international market have led to a sharp increase in gold prices today.
Following the gold price surge, silver prices have also recorded significant growth in the market. On MCX, silver prices for May 2025 futures are trading higher by ₹290 per kilogram.
👉 Silver May Futures Price: ₹97,500 per kilogram.
👉 All-Time High Price: ₹1,04,072 per kilogram.
The increased demand for silver in both industrial and investment sectors is also contributing to the price hike.
Metal | Futures Month | Today's Price (₹) | All-Time High (₹) |
---|---|---|---|
Gold (10 gm) | April 2025 | ₹86,000+ | ₹86,592 |
Silver (1 kg) | May 2025 | ₹97,500 | ₹1,04,072 |
The sudden increase in gold and silver prices can be attributed to several global and economic factors:
Global Market Impact: Due to ongoing geopolitical tensions and economic uncertainties, investors are turning towards safe-haven investments like gold and silver, increasing their demand and prices.
Decline in Dollar Index: A weaker US dollar typically boosts gold and silver prices, as investors prefer investing in precious metals during currency volatility.
Market Speculations: With continuous fluctuations in global markets, commodity traders and investors are showing high interest in gold and silver. This increased demand is pushing prices higher.
According to market experts, gold and silver prices may continue to fluctuate in the coming days due to global economic instability and rising demand. Investors are advised to stay updated with the market trends before making any large investment decisions.