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Gold climbs Rs 670 to Rs 1,32,200/10g amid firm global trends
The Business Guardian
|December 04, 2025
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.
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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