Gold has recorded gains for the eighth consecutive quarter, breaking a 13-year record. This year, gold has surged by approximately 45%, reaching a new high of ₹1.09 lakh per 10 grams by 2025. Weakness in equity markets, geopolitical risks, and expectations of Fed rate cuts have provided b support to gold.
Gold Price Today: Gold has delivered impressive returns to investors in 2025. So far this year, gold prices have jumped by 45% to reach an all-time high of ₹1.09 lakh per 10 grams. In the September quarter alone, MCX Gold rose by 14%, marking its eighth consecutive quarter of gains, the longest uptrend since 2012. Weakness in equity markets, geopolitical uncertainty, and expectations of a Fed rate cut have strengthened gold as a safe-haven asset. Meanwhile, silver is also on track to record its best year since 2010, with a year-to-date return of 44%.
Gold Reaches Record High
Gold on MCX has reached its highest level ever. Prices have climbed to ₹1.09 lakh per 10 grams. This has proven to be a significant relief and an opportunity for investors to earn substantial returns.
Strong Inflow into Gold ETFs
The surge in gold prices has also impacted Gold ETFs. In August, Gold ETFs saw an investment inflow of $5.5 billion. Year-to-date, the inflow has reached $47 billion, the second-highest level since 2020. The total Assets Under Management (AUM) for Gold ETFs has now reached $407 billion. Gold holdings have climbed to 3692 tonnes, just 6 percent below their all-time high.
Impact of Global Factors
Several international events have directly influenced gold prices. Political instability in the United States and pressure on the Federal Reserve have drawn investors towards gold. Former President Donald Trump's criticism of Fed Chair Powell has further amplified market uncertainty. Investors anticipate that the Fed may cut interest rates soon, which is continuously providing support to gold.
Global investment bank Goldman Sachs believes that if investors shift their capital from US Treasury bonds to gold, the price of gold could reach $5000 per ounce. This projection is further increasing investor interest.
Increase in Silver Demand
Along with the shine of gold, silver has also witnessed a remarkable surge. On MCX, silver jumped by 18 percent in the September quarter, marking the biggest rally in the last five quarters. Silver has registered gains for the third consecutive quarter. This year, silver has climbed 44 percent and could potentially be its best year since 2010.
A major reason behind the rise in silver prices is industrial demand. Consumption of silver is continuously increasing in sectors such as solar panels, electronics, semiconductors, and electric vehicles. This is why investors are also viewing it as a safe and long-term growth asset.
Impact of Festive Season
The upcoming festive season in India will determine the physical demand for gold and silver. Traditionally, gold and silver purchases increase during Diwali and the wedding season. With prices at record highs this time, the market's attention is focused on consumer purchasing behavior.
