Tue Apr 22 10:00:00 UTC 2025: ## Gold Prices Hit Record Highs in India, Surpassing ₹100,000 per 10 Grams

**Mumbai, India** – Gold prices in India have skyrocketed to record highs, surpassing ₹100,000 per 10 grams in the domestic market. On Tuesday, the price of gold on the Multi Commodity Exchange (MCX) opened with a surge of over ₹1,700, reaching a new all-time high of over ₹99,000 per 10 grams. This follows a significant jump on Monday, fueled by turmoil in the US stock market and a decline in the dollar index.

The June 5 expiry gold contract opened at ₹98,551 per 10 grams on the MCX before rapidly climbing to ₹99,178, a lifetime high. This represents a ₹3,924 increase over just two days, compared to its closing price of ₹95,254 per 10 grams on Thursday of last week. International gold prices also reached a high of $3,475 per ounce.

Over the past six trading days, gold prices have increased by over ₹6,000 per 10 grams. On April 14th, the MCX gold futures price stood at ₹93,252 per 10 grams, rising to ₹99,178 on April 22nd.

Including making charges and GST, the price of 24-carat, 99.9% pure gold has exceeded ₹100,000 per 10 grams in the domestic market. The Indian Bullion Jewellers Association (IBJA) reported that on Monday alone, gold prices increased by approximately ₹1,650 per 10 grams in Delhi, nearing the psychological mark of ₹100,000. The IBJA provides gold and silver prices without taxes and making charges, which are added separately at the point of purchase.

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