Gold prices on Thursday surged by Rs 1,185 to scale an all-time high of Rs 1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the USD 4,250 per ounce globally, driven by expectations of interest rate cuts by the US Federal Reserve, and persistent geopolitical tensions.

On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed by Rs 1,185, or 0.93 per cent, to reach a new peak of Rs 1,28,395 per 10 grams.

Extending the gains for the fifth consecutive session, the February 2026 contract for the yellow metal futures also rose sharply by Rs 977, or 0.76 per cent, to touch an all-time high of Rs 1,29,380 per 10 grams.

Gold Rate

16Oct 2025 Gold 24 KT ₹ 1,27,600 /- Gold 22 KT ₹ 1,18,700 /- Silver/ Kg ₹ 1,80,800/- Platinum ₹

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