Gold hits record Rs 1.19 lakh, silver follows amid festive demand and global uncertainty

October 7, 2025

Gold prices surged to a record Rs 1.19 lakh per 10 grams, with silver also hitting a lifetime high, driven by global political uncertainties and anticipated Fed rate cuts. Despite high prices, Indian consumers continue to purchase gold for tradition and festive occasions, with a growing preference for lightweight jewellery.

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