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Jun 13, 2025
Indian gold futures reach record high
Gold just hit a new milestone in India, with futures crossing ₹1,00,000 per 10gm for the first time ever.
TL;DR
Why gold's price surge matters in India
Gold isn't just jewelry here—it's a go-to investment for millions, especially during uncertain times. This price jump could impact everything from wedding shopping to how people save and invest.
What's driving the price surge?
A weaker rupee is making imported gold pricier, while global gold prices are up over 47.09% compared to the same time last year thanks to safe-haven demand and ongoing geopolitical tensions. As long as these trends stick around, high prices might be here to stay.