Mon Oct 13 03:40:00 UTC 2025: Okay, here’s a news article summarizing the provided text:

**Gold Prices Soar in 2025, Investors Rejoice**

**New Delhi, October 12, 2025** – Gold prices have continued their record-breaking surge, bringing significant gains to investors. The past week has been particularly volatile, with prices experiencing both dramatic highs and dips before ultimately closing significantly higher.

On Friday, the last trading day of the week, gold futures on the Multi Commodity Exchange (MCX) closed at ₹1,21,492 per 10 grams. This follows a week where gold prices briefly hit a lifetime high of ₹1,23,677 before experiencing a sharp correction.

**MCX Sees Wild Fluctuations**

The MCX saw significant activity as the December 5th expiry 24-carat gold contract initially soared to a record peak of ₹1,23,677. However, this was followed by a rapid decline. Despite the dip, prices rebounded strongly, closing on Friday at ₹1,21,492, a jump of ₹999 from the previous day. Compared to the close of the previous week on October 3rd at ₹1,18,113, gold prices are still up by ₹3,379.

**Domestic Market Also Sees Gains**

The domestic market mirrored the MCX’s performance. According to the Indian Bullion Jewelers Association (IBJA), 24-carat gold opened on Friday at ₹1,20,845 per 10 grams, a fall compared to Thursday’s close of ₹1,22,629. However, trading during the day saw prices rebound strongly, closing at ₹1,21,525 per 10 grams. The previous week’s close on October 3rd was ₹1,16,954, marking a gain of ₹4,571 per 10 grams over the week. Other gold purities (22, 20 etc) similarly have seen increase in price

**GST and Making Charges Add to Cost**

While the IBJA provides a standardized gold rate across India, consumers should remember that the final price of gold jewelry includes a 3% GST and making charges, which vary by state and city.

**Quality Check Advised**

Given the high value of gold, consumers are advised to carefully check the purity of gold jewelry before purchasing. Hallmark markings, which indicate the caratage of the gold (e.g., 999 for 24-carat, 916 for 22-carat), can be used to verify the quality.

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