Gold Continues to Glitter for 2nd Day; Hit Fresh peak of ₹ 95,935/10g

Gold Bars are displayed at a gold jewelery shop. File | Photo Credit: Reuters

Gold pris continued their upward trend for the second straight session, touched a new all-time high of ₹ 95,935 per 10 grams, Climbing ₹ 274 on Thursday (April 17, 2025), Driven by Firm Spot demand.

On the Multi Commodity Exchange of India Ltd., The Precious Metal Contracts for June Delivery Hit The Record High of ₹ 95,935 per 10 grams in the morning trade

Later, It Pared The Gains to Trade ₹ 89 or 0.09% to ₹ 95,750 per 10 grams with an open interest of 22,403 lots.

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On Wednsday (April 16), Gold Had Touched an all-time high of ₹ 94,781 per 10 grams in futures trade.

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On the global front, gold futures rose to Hit a fresh peak of $ 3,371.89 per oounce in new york. Later, it pulled back from the record level to trade at $ 3,340.61 per oaunce.

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“Simultaneously, a weaqening us dollar-Near a three-year low-Made Gold More Appealing to Foreign Investors,” Rahul Kalantri, Vice President of Commodities at Mehta Equites Ltd.

Adding to the bulish outlook for gold, global investment firm goldman Sachs raised its year-end gold forecast to $ 3,700 per ox and sees potential for $ 4,000 per Once by MID-2026.