Columbus

Gold Prices Hit All-Time High of ₹1,09,440 per 10 Grams Amidst Global Tensions

Gold Prices Hit All-Time High of ₹1,09,440 per 10 Grams Amidst Global Tensions

Gold prices reached an all-time high on September 10, 2025. 24-carat gold is trading at ₹1,09,440 per 10 grams on the Indian Bullion Association. Gold prices have also increased in Delhi, Mumbai, Bengaluru, Kolkata, and Chennai. Global tensions and festive shopping have boosted gold's shine.

Gold Price Today: A significant surge was observed in gold prices on September 10, 2025. 24-carat gold is trading at ₹1,09,440 per 10 grams on the Indian Bullion Association, while spot gold is trading at $3,633 per ounce. In Delhi, gold is available at ₹1,09,060, in Mumbai at ₹1,09,240, in Bengaluru at ₹1,09,330, and in Chennai at ₹1,09,560. Global uncertainty, festive shopping, and potential US interest rate cuts have attracted investors towards gold as a safe investment.

Today's Latest Prices

According to the Indian Bullion Association, 24-carat gold is currently trading at ₹1,09,440 per 10 grams. On Tuesday, it was trading at ₹1,08,900. This means the price of gold has increased by ₹540 in a single day. Recently, gold crossed the ₹1,080,000 per kilogram mark. Since then, its price has seen a substantial jump of ₹1,400.

Gold Prices in Major Cities

In the national capital Delhi, gold is trading at ₹1,09,060 per 10 grams today. In the financial capital Mumbai, its price is ₹1,09,240. In Bengaluru, the price of gold is ₹1,09,330, in Kolkata it is ₹1,09,100, and in Chennai, it is trading at the highest at ₹1,09,560.

Along with gold, silver prices have also seen fluctuations. According to the Indian Bullion Association, the price of silver was ₹1,24,250 per kilogram, down from ₹1,25,250 the previous day. This indicates a slight decrease in silver prices, while gold continues to remain b.

International Gold Situation

According to the World Gold Council, spot gold is trading at $3,633 per ounce. Meanwhile, the price of silver on the Indian Bullion Association was ₹1,24,250 per kilogram. The day before, it was ₹1,25,250 per kilogram. The value of the dollar in the international market, global political tensions, and the economic situation directly impact the prices of gold and silver.

Why Have Gold Prices Increased?

There are several reasons behind the rising gold prices. Global uncertainty and political tensions, such as the Qatar-Israel conflict or the Ukraine-Russia crisis, are driving investors towards safe investments. Additionally, news of potential interest rate cuts by the US Federal Reserve has also boosted gold's appeal.

Factors Affecting Prices

Gold prices in India are influenced by several factors. A significant portion of gold is imported. Therefore, the exchange rate between the dollar and the rupee, customs duty, GST, and other local taxes directly affect prices. Furthermore, events such as wars, economic recessions, or changes in interest rates in the international market also have an impact on gold prices.

Leave a comment