CHENNAI: Gold grew costlier by Rs 720 on Tuesday (September 30), hitting an all-time high of Rs 86,880 per sovereign and Rs 10,860 per gram. In September, the gold sovereign price grew by over Rs 9,000.

On September 29 (Monday), the price of the yellow metal had increased by Rs 480, selling for Rs 85,600 a sovereign (Rs 10,700/gram).

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 J

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