Mon Sep 01 04:00:00 UTC 2025: Okay, here’s a summarized version of the text and a rewritten news article based on it:

**Summary:**

Gold prices have seen significant fluctuations recently, reaching a new lifetime high on the MCX at ₹1,04,090 per 10 grams. Over the past week, gold prices have increased by ₹3,396 per 10 grams on the MCX. Although prices dipped mid-month, they rebounded strongly. Domestic markets mirrored this trend, with gold prices increasing by ₹3,030 per 10 grams in the past week and ₹4,135 per 10 grams over the entire month of August. Silver prices are also soaring, with a ₹4,103 per kg increase on the MCX in the past week and reaching ₹1,22,510 per kg.

**News Article:**

**Gold Prices Soar to Record Highs Amidst August Volatility**

**New Delhi, India** – Gold prices have experienced a rollercoaster month, hitting a new all-time high as of August 29th. On the Multi Commodity Exchange (MCX), gold reached ₹1,04,090 per 10 grams, marking a significant increase of ₹3,396 in the past week alone.

While prices initially dipped in mid-August, they have since rebounded, leaving investors and consumers watching closely.

The domestic market mirrored the MCX’s performance. According to the Indian Bullion and Jewellers Association (IBJA), 24-carat gold reached ₹1,02,388 per 10 grams on August 29th, a jump of ₹3,030 from the previous week. For the month, domestic gold prices increased ₹4,135 per 10 grams.

“We’re seeing a lot of activity in the gold market due to the current economic climate.” says financial analyst Anita Sharma. “Investors are seeking safe haven assets, which drives up demand and, subsequently, prices.”

However, consumers should note that the prices listed by IBJA do not include the 3% GST and making charges levied on jewelry purchases, increasing the final price.

**Silver Shines Too:**

Gold isn’t the only precious metal experiencing a surge. Silver prices have also been climbing rapidly. On the MCX, silver prices rose by ₹4,103 per kg in the past week, closing at ₹1,21,702 per kg on August 29th, with a weekly high of ₹1,22,510.

The fluctuations in precious metal prices indicate a dynamic market and underscore the importance of staying informed for those looking to invest or purchase gold and silver.

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