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Gold surges ₹1,185 to ₹1.28 lakh/10gm

Mint Kolkata

|

October 17, 2025

Gold prices on Thursday surged by ₹1,185 to scale an all-time high of ₹1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the $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 ₹1,185, or 0.93%, to reach a new peak of ₹1,28,395 per 10 grams. Extending the gains for the fifth consecutive session, the February 2026 contract for

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