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Gold Retreats Rs 900 After Five-Day Rally Ends
The Business Guardian
|August 12, 2025
Snapping a five-day rally, gold prices retreated from record highs, closing Rs 900 lower at Rs 1,02,520 per 10 grams in the national capital on Monday, as stockists booked profits amid easing geopolitical tensions.
According to the All India Sarafa Association, the 99.9 per cent pure precious metal had gained Rs 800 to reach a record Rs 1,03,420 per 10 grams on Friday. Gold of 99.5 per cent purity, which had peaked at Rs 1,03,000 per 10 grams in the previous session, also declined by Rs 900 to Rs 1,02,100 per 10 grams (inclusive of all taxes) on Monday.
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