Gold Prices Skyrocket in India (Nov 3, 2025): Record Highs, Rupee Woes & What’s Next
Domestic 24K gold trades at ₹12,317 per gram as of Nov. 3, after hitting a record ₹132,770 per 10g in early October. Global gold hovers near $4,000/oz, up 46% year-on-year. The rupee’s slide to ₹88.7 per US dollar has made imported gold costlier. Indian gold ETFs and futures have surged, while physical demand remains strong despite recent price pullbacks.
