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 and tariff tensions across the globe.