Gold hits record high amid weak dollar, fiscal concerns

Gold prices continued to surge in 2025, driven by a mix of global fiscal concerns, currency weakness, and strong institutional buying, as per a report by Religare Broking:The metal has delivered over 65 per cent returns so far this year, one of the highest gains seen in recent years, as investors turn to gold as a safe haven amid rising market uncertainty.

- TBG NETWORK

At the time of filing this report, Gold prices in Delhi of 24kt was trading at Rs 1,28,110/10gm.The report highlighted rally is fuelled by concerns over fiscal discipline and mounting government debt, particularly in the United States, that unsettled financial markets.Investors are increasingly worried about the sustainability of debt levels, which is reflected in higher US Treasury yields and widening swap spreads.