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Gold futures breach ₹1L mark

April 23, 2025

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Financial Express Hyderabad

GOLD FUTURE PRICES sustained upward trend for the fourth straight session by surging ₹2,048 to hit a fresh record high of ₹1,00,000 per 10 grams as investors rushed to safe havens after US President Donald Trump indicated plans to overhaul Federal Reserve amid continuing global trade war jitters.

- PRESS TRUST OF INDIA

On the Multi Commodity Exchange (MCX), the August delivery contract of the yellow metal bounced by ₹2,048 or 2.1% to hit a fresh peak of ₹1,00,000 per 10 grams in the mid-session trade.

Later, the precious metal traded at ₹99,790 per 10 grams, up by ₹1,838 or 1.88%, with an open interest of 2,492 lots.

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