CHENNAI: Two days after gold touched an all-time high of Rs 85,120, it dropped by Rs 720 on September 25 (Thursday).
On September 24 (Wednesday), gold price had decreased by Rs 320, selling for Rs 84,800, a day after it had decreased by Rs 720.
While the gold price has been inching forward for most of the year, what triggered the recent rally is the trade war that US President Donald Trump unleashed on the world, including India.
Gold has climbed steadily through 2025. From Rs 57,200 per sovereign on January 1, it touched Rs 63,240 by February 5, and Rs 66,400 by March 14 after a single-day gain of Rs 1,440. On April 22, it jumped Rs 2,200 to Rs 74,320. The Rs 75,000 mark was crossed twice — on July 23 and August 6, at Rs 75,040.
In September alone, gold recorded a massive spike. From