Gold prices hit record highs globally and in India

Gold prices have surged to record highs globally and in India, reaching around **USD 4,380 per ounce** in international markets. In India, **24-carat gold crossed ₹75,000 per 10 grams**, marking an all-time high just ahead of the festive season. The rally is driven by multiple factors — global economic uncertainty, ongoing geopolitical tensions, and expectations of interest rate cuts by major central banks, which make gold a more attractive investment. Investors are shifting towards safe-haven assets like gold amid volatility in equity and currency markets. In India, festive and wedding season demand has further boosted local prices. Analysts predict that if global inflation remains high and the U.S. dollar weakens, gold may continue its upward trend in the coming months. This price surge is influencing jewelry demand and investment decisions across major Indian cities.