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Gold Prices Reach All-Time High Amid Global Economic Turmoil
14 Oct
Summary
- Gold futures hit a record of ₹1,23,977 per 10 grams
- Silver futures also surged, nearing lifetime high of ₹1,54,959 per kg
- Uncertainty around US-China trade tensions and government shutdown driving safe-haven demand
On October 14, 2025, gold prices in India's domestic futures market reached a record high, with the December delivery contract jumping by ₹2,613 or 2.15% to hit ₹1,23,977 per 10 grams. The February 2026 contract for gold also appreciated, trading near its lifetime peak of ₹1,24,999 per 10 grams.
The surge in gold prices was fueled by a combination of factors, including renewed US-China trade tensions and the ongoing US government shutdown, which have contributed to growing global economic uncertainty. These developments have spurred safe-haven demand for precious metals, driving up prices.
Silver futures also witnessed strong traction on Monday, with the December delivery contract surging by ₹5,856 or 4% to ₹1,52,322 per kilogram on the Multi Commodity Exchange (MCX). The March 2026 silver futures contract also soared, nearing its record high of ₹1,54,959 per kg reached last week.
