October 8, 2025
🪙 Today’s Prices at a Glance
- Gold (24K, India): Around ₹1,22,020 per 10 grams — a sharp jump from the prior day.
- Silver (999 purity): ₹157.10 per gram, or ₹1,57,100 per kilogram.
- Globally, gold cracked the $4,000/oz barrier, pushed by safe-haven demand.
- Silver also remains strong, trending higher with global momentum.
What’s Driving the Rally
- Global uncertainty & geopolitical tensions are fueling demand for precious metals as “safe havens.”
- Expectations of U.S. rate cuts are weakening the dollar, making gold and silver more attractive.
- Festive demand in India is adding local upward pressure on prices—many buyers prefer to invest in gold/silver during this season.
What Investors & Buyers Should Watch
- Volatility risk: Big jumps can be followed by sharp pullbacks. Don’t chase the top.
- Dollar & interest rates: Any surprises from the U.S. Fed or currency moves will impact momentum.
- Local premiums & taxes: Indian buyers should factor in state taxes, making effective cost higher.
- Opportunity on dips: If prices correct, it might be a chance to enter (if that fits your strategy).
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