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Diwali buying drives gold prices to record highs, equities rally on global cues
Millennium Post Delhi
|October 17, 2025
Gold prices have surged to unprecedented levels ahead of the Diwali festival and the wedding season, while domestic equities also posted strong gains, with the BSE Sensex rising 862.23 points to 83,467.66 and the NSE Nifty closing at 25,585.30 on Thursday.

Despite the sharp rise in gold, consumer demand remains robust, largely driven by purchases of bullion rather than traditional jewellery, traders said.
In the national capital, gold prices retreated slightly by Rs 200 on Thursday to Rs 1,31,600 per 10 grams, following profit booking by traders, according to the All India Sarafa Association. Yet, this minor dip has not slowed investor interest.
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