New Delhi, April 21 (HS): The domestic bullion market has seen a robust upward trend on Monday. In the Delhi bullion market, gold has set a new record, reaching ₹99,800 per 10 grams. Thus, gold is now just ₹200 shy of crossing the ₹1 lakh mark. It is believed that due to the surge in demand for gold as a safe investment in the global market, prices may see further increases in the coming days.

According to the Indian Bullion and Jewellers Association (IBJA), the price of 99.9% pure gold in the domestic market has reached ₹99,800 per 10 grams today. Similarly, gold with a purity of 99.5% was trading at an all-time high of ₹99,300 per 10 grams. As per IBJA, there has been an increase of approximately 26.4% in gold prices this year up to 2025. Since January 1, 2025, 99.9% pure gold has become ₹20,850 more expensive per 10 grams. Due to the ongoing fluctuations in the international market, further price increases in gold are expected in the coming days.

Market expert Mayank Mohan states that the ongoing tension between the US and China regarding tariffs and global uncertainties have led to increased demand for gold in the international market. Additionally, the recent depreciation of the dollar has also attracted more investors to gold. Most importantly, due to concerns regarding the global economy, both domestic and international markets are seeing investors opting for gold as a safe investment at a higher rate than before, resulting in the continuing upward trend in gold prices.

Hindusthan Samachar / Jun Sarkar