US EditionGold Rate Today: MCX Gold Futures Cross Rs 1.23 Lakh per 10 Grams to Hit Record High; Will Prices Keep Rising?
Gold and silver prices surged to record highs amid US-China trade tensions and geopolitical risks, with gold up 54% year-to-date and near-certain Federal Reserve rate cuts expected.
- On Monday, Oct 13, 2025, gold and silver surged in domestic futures markets as gold on the MCX traded around Rs 1,23,325 per ten grams and touched Rs 1,23,680.
- US President Donald Trump threatened a 100% tariff and export controls effective Nov 1, while China accused the US of double standards and warned of unspecified countermeasures.
- Spot gold briefly reached an all-time high of US$4,059 and was trading at US$4,043.14 at 8.59 am, while silver rose by Rs 5,140 to Rs 1,51,606 per kg.
- Central banks and exchange-traded funds accelerated purchases, deepening structural support as gold rose over 61% this year while investors sold equities, hitting major indexes.
- Immediate resistance sits at $4,060–$4,080 while the $4,000 psychological floor supports prices, and Eurizon Capital projects a long-term rise to $8,500.
31 Articles
31 Articles
Trade dispute and political uncertainty drive the price of precious metals. Silver has even become more expensive than gold since the beginning of the year.
Gold @ $4,000/Oz – A Small Step for Gold; A Giant Blow to the Fiat Monetary System.
There has been a relentless rise in gold prices over the last three years. From a bottom of around $1640 in October 2022 to $4000/oz today, Gold has delivered a 35% CAGR over the last three years. Most analysts remain oblivious of the underlying causes and attribute the move in gold prices to economic uncertainty, geopolitics, Fed rate cuts, higher price inflation, Trump’s tariffs, and other secondary factors. However, the Numero Uno factor is t…
Observador
Jornal ExpressoThe precious metals are fired in times of economic uncertainty, with gold exceeding $4,000 per ounce and silver to follow the same route, reaching maximum historical achievements since 1979.
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