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New Delhi: The gold and silver prices are no signs of a downward trend. The precious metals are continuously rising ahead of Diwali and Dhanteras. On Wednesday, October 8, 2025, gold reached a new high on the Multi Commodity Exchange (MCX). It jumped Rs 889 to reach Rs 122,000 per 10 grams. Silver, meanwhile, is also continuing to rise.

In addition to gold, silver also jumped on MCX. It surged by Rs 1,345 to reach Rs 147,137 per kg. Around 9:10 am, MCX December Gold Futures were trading 0.69% higher at Rs 121,949 per 10 grams. MCX December Silver Futures also rose 0.73% to reach Rs 146,855 per kg.

Besides rising in the domestic market, the gold prices also surged in the international market. Spot gold reached a record high of $4,000 per ounce for the first time. According to experts, the price increase was driven by increased investment by investors due to growing economic and geopolitical uncertainty.

On October 7, 2025, the 24-carat gold was available on Tanishq’s website for Rs 1,21,200 per 10 grams, but on October 8th, its price increased to Rs 1,22,450 per 10 grams. Similarly, the price of 22-carat gold was priced at Rs 1,12,250 per 10 grams today, while it was Rs 1,11,100 per 10 grams on Tuesday.

According to experts, strong local demand, positive global cues, concerns about a US government shutdown, and expectations of a Federal Reserve interest rate cut have resulted in gold prices to touch new heights. Amid global uncertainties and economic policies, the precious metal remains a symbol of safe haven. Its upward trend is expected to continue in the coming days.

(This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.)