Gold Reaches Historic High in Indian Markets

In a historic moment for the Indian markets, gold prices have soared past the Rs 1 lakh per 10g mark for the first time, including GST. This surge comes as the yellow metal hits an all-time high of $3,430 in the international spot market, driven by escalating tensions between global economic powers.

Behind the Surge: Global Economic Tensions

The price of gold has been on a steady climb, gaining 30% since the beginning of 2025. Experts point to the ongoing tariff wars and the weakening dollar as key factors. "The Indian Rupee has strengthened, and gold has been selling at a significant discount to the international price," noted Avinash Gupta of the All India Gem & Jewellery Domestic Council.

Safe-Haven Demand Drives Prices

Uncertainty surrounding US President Donald Trump's trade policies has heightened the demand for safe-haven assets like gold. "China's move to sell dollars and US bonds in favor of gold has further fueled the price increase," explained Surendra Mehta, national secretary of the India Bullion and Jewellers Association.

With the global economy at a crossroads, investors are closely watching gold's trajectory as a barometer for future stability.