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Gold futures breach Rs 1 lakh-mark, surge Rs 2,048/10 g

News Desk by News Desk
April 22, 2025
in Business
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Gold jumps Rs 700 to Rs 82K per 10 gms; nears record high
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NEW DELHI: (Apr 22) Gold future prices sustained upward trend for the fourth straight session by surging Rs 2,048 to hit a fresh record high of Rs 1,00,000 per 10 grams as investors rushed to safe havens after US President Donald Trump indicated plans to overhaul Federal Reserve amid continuing global trade war jitters.

On the Multi Commodity Exchange (MCX), the August delivery contract of the yellow metal bounced by Rs 2,048 or 2.1 per cent to hit a fresh peak of Rs 1,00,000 per 10 grams in the mid-session trade.

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Later, the precious metal trade at Rs 99,790 per 10 grams, up by Rs 1,838 or 1.88 per cent, with an open interest of 2,492 lots. PTI

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