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Gold climbs Rs 670 to Rs 1,32,200/10g amid firm global trends

December 04, 2025

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The Business Guardian

Gold prices climbed Rs 670 to Rs 1,32,200 per 10 grams in the national capital on Wednesday, as firm global trends and a steep fall in the rupee supported the safe-haven demand, according to the All India Sarafa Association.

- TBG NETWORK

Gold climbs Rs 670 to Rs 1,32,200/10g amid firm global trends

On Tuesday, the precious metal of 99.9 per cent purity closed at Rs 1,31,530 per 10 grams.

Traders said the rupee’s slide to an all-time low against the US dollar pushed up bullion prices. However, silver snapped a six-day winning streak by declining Rs 460 to Rs 1,80,900 per kilogram (inclusive of all taxes), as per the association.

“Gold posted modest gains in the domestic markets, supported by a firm global trend and weakness in the Indian currency,” Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

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