Amid rising global uncertainty and strong demand for a safe-haven asset, gold continued its upward momentum on Friday, reaching a fresh high of ₹1,40,465 per 10 grams on MCX. By the end of the session, however, the MCX gold rate settled at ₹1,39,940 per 10 grams.
According to bullions.co.in, the 24-carat gold rate in Delhi today stands at ₹1,39,790 per 10 grams, reflecting a ₹150 premium charged by jewellers over the February 2026 futures contract. Meanwhile, 22-carat gold in Delhi is trading at ₹1,28,141 per 10 grams. Internationally, gold on COMEX surged to $4,584 per troy ounce, marking roughly a 75% gain from its 52-week low of $2,608.40 per ounce.
Experts believe MCX gold has surpassed key technical breakout levels at ₹1,39,000 and is likely to test ₹1,45,000 soon, provided current catalysts remain active. Once gold breaks above ₹1,45,000 on a closing basis, it could open the path toward ₹1,50,000, although some profit booking is expected at the ₹1,45,000 mark. With only three trading sessions remaining in 2025, a breakout on Monday or Tuesday could allow gold to hit ₹1.50 lakh. Analysts note that silver’s ongoing rally is also supporting gold’s bullish trend.
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