Gold prices surge on October 16, 2025, with 10 grams of 24-carat gold at Rs 1,29,477 in Mumbai, Rs 1,29,623 in Delhi, and Rs 1,29,475 in Kolkata. Rising festive demand ahead of Dhanteras and Diwali keeps buyers engaged despite global economic and geopolitical tensions driving the price hike

As the festive season comes closer, the demand for gold across tier-1, tier-2 and tier-3 cities experiences a surge. The intensified demand for the yellow metal across India stays unimpacted even after gold on October 16, 2025, hit a new high, reflecting a blend of traditional demand and global economic factors.

Gold prices on Thursday marked a new high, with 10 grams of gold now priced at Rs. 128,395. The massive price hike in gold has been a culmination of a few things, including the geopolitical

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