Delhi’s bullion market experienced a dramatic surge on Monday, October 6, 2025, as gold prices jumped by a staggering ₹9,700 to reach an all-time high of ₹1,30,300 per 10 grams. This monumental rise was fueled by robust safe-haven buying in international markets and a considerable weakening of the Indian rupee against major currencies.
Just a few days prior, on Friday, October 3, 2025, 99.9% purity gold had closed at ₹1,20,600 per 10 grams, highlighting the rapid escalation in value.
Similarly, in the local market, 99.5% purity gold saw its own impressive leap, gaining ₹2,700 to close at a record ₹1,22,700 per 10 grams (inclusive of all taxes) on Monday, up from ₹1,20,000 in the previous trading session.
Silver, often trailing gold, also showed remarkable strength. The white metal surged by ₹7,400 to establish a new record peak of ₹1,57,400 per kilogram (inclusive of all taxes). This was a significant increase from its Friday closing price of ₹1,50,000 per kilogram.
On the global stage, spot gold demonstrated its allure as a safe investment, rising by nearly 2% to touch an unprecedented high of $3,949.58 per ounce. Silver followed suit, increasing over 1% to hit $48.75 per ounce, underscoring the widespread demand for precious metals amidst economic uncertainties.