Gold Prices Reach New All-Time High on Dhanteras Amid Strong Festive Demand

Gold prices surged to a new record high in India, with 24-carat gold briefly touching ₹1,30,874 per 10 grams on the auspicious occasion of Dhanteras. The rally is driven by strong festive demand, global economic uncertainties, and increased investment buying. Since last Dhanteras, gold has delivered returns of approximately 63% in rupee terms. Analysts anticipate a 12-15% increase in jewellery sales, with consumers favouring lightweight pieces and investment-grade coins and bonds.