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🥇 Gold Price Today: ₹1.25 Lakh Per 10 g for 24 K Gold in India & What’s Driving the Rally

Date: 12 November 2025
Key Rates:

24-carat gold: ~ ₹1,25,500 per 10 grams in major Indian cities.

22-carat gold: ~ ₹1,15,000–₹1,16,000 per 10 grams across India.

📊 Price Snapshot & Trends

Gold prices in India have been firm and inching upward. According to latest data:

On 11 Nov 2025: 24 K gold at ~ ₹1,25,570/10g and 22 K at ~ ₹1,15,106/10g.

The trend is backed by the global price of gold (approx USD 4,000+ per ounce) and favourable domestic demand.

Market commentary highlights that gold is steadily reclaiming territory near ₹1.30 lakh/10g for 24 K purity.

🔍 What’s Driving the Rally?

Safe-haven demand & geopolitical jitters — Global uncertainties and weak macro indicators are pushing investors toward gold.

Festive & wedding season demand in India — Jewellery buying is a traditional driver of gold demand in India, especially for 22 K/24 K purity.

Currency & inflation impact — A weaker rupee adds to domestic gold price inflation; import costs and local taxes matter too.

Global monetary policy outlook — Speculation about rate cuts and central bank gold buying are positive for bullion.

🧠 Is the Rally Over or Just Beginning?

Opinions are split:

Some analysts believe gold’s rally is peaking, pointing to resistance at current levels.

Others forecast further upside — in some cases targets of USD 4,250+ per ounce globally, which could translate into higher domestic rupee prices.

So, for domestic buyers and investors, this means: gold remains attractive — but keep an eye on key support/resistance levels and global cues.

✅ What It Means for Buyers & Investors

If you’re buying jewellery: With 24 K at ~ ₹1.25 lakh/10 g, factor in making charges, GST, local taxes and premium for design when comparing offers.

If you’re investing: Gold continues to serve as portfolio diversification and hedge against inflation—but entry timing and intent matter.

If you’re selling or exchanging: High price levels may be a good opportunity to monetise old gold or upgrade pieces.

Always check local city rates (they vary slightly) and verify with trusted jewellers or bullion dealers.

🌟 Final Thoughts

The gold market in India is in a strong position right now — with 24 K purity nearing ₹1.25 lakh/10g, and fundamentals behind the move remain sound. Whether you’re buying jewellery for personal use or investing in bullion, this is a moment to stay informed and strategic.