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Gold jumps Rs 3,200 to hit record Rs 1,34,800/10 g on festive buying ahead of Dhanteras

October 17, 2025
Finance

New Delhi, Oct 17 (PTI) Gold prices surged by Rs 3,200 to touch a new lifetime high of Rs 1,34,800 per 10 grams in the national capital on Friday, buoyed by strong festive buying by jewellers and retailers ahead of Dhanteras, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had ended at Rs 1,31,600 per 10 grams in the previous session. In tandem, gold of 99.5 per cent purity also jumped by Rs 3,200 to scale an all-time high of Rs 1,34,200 per 10 grams (inclusive of all taxes), up from Thursday’s close

Nitish serving ‘cocktail of crime, corruption and communalism’ to Bihar: Dipankar Bhattacharya

October 17, 2025
Politics

Patna, Oct 17 (PTI) CPI(ML) Liberation general secretary Dipankar Bhattacharya has charged the Nitish Kumar government in Bihar with serving its people a “cocktail” of crime, corruption and communalism, the three “Cs” on which the Chief Minister had promised not to compromise. In an interview with PTI here, the Left leader described as “scary” the situation in the state, where the longest serving Chief Minister claims to have ended “jungle raj” that allegedly prevailed under the rule of RJD, an ally of the CPI(ML)-L. “Nitish ji used to say that he would never compromise on the three Cs – crime,

Gold futures hit record Rs 1.32 lakh/10g amid global worries, Fed easing hopes

October 17, 2025
Finance

New Delhi, Oct 17 (PTI) Gold prices surged by Rs 2,442 to touch an all-time high of Rs 1,32,294 per 10 grams in the domestic futures trade on Friday, driven by safe-haven demand as investors weighed deepening global economic uncertainties and expectations of monetary easing by the US Federal Reserve. On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery increased by Rs 2,442, or 1.88 per cent, to hit a lifetime high of Rs 1,32,294 per 10 grams. Similarly, the February 2026 contract for gold futures rallied by Rs 2,927, or 2.23 per cent, to hit

Gold may rise towards Rs 1.35 lakh/10 g as Asia drives demand: Report

October 17, 2025
Finance

Mumbai, Oct 17 (PTI) Gold’s glittering rally is expected to continue, with prices likely to climb towards Rs 1.35 lakh/10 gram (USD 4,500 per ounce) in overseas markets, supported by sustained global central bank purchases, persistent geopolitical tensions, and strong Asian demand, according to a report by Motilal Oswal Financial Services Ltd. Silver, which has outperformed gold in terms of returns so far this year, is projected to climb to around Rs 2,30,000 per Kg (USD 75 per ounce), aided by robust industrial consumption and a widening supply deficit, the report said. Gold prices have surged over 50 per cent

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