Gold Hits Lifetime High Ahead of Diwali

Gold prices on MCX touched a record high of ₹1,32,294 per 10 grams, marking a strong rally ahead of Diwali and Dhanteras. The metal has surged nearly 13.3% from its monthly low of ₹1,16,780, driven by festive demand, global price strength, and steady inflows into gold-backed instruments. Traders say buying activity has increased as investors and jewellers look to secure gold before prices rise further. However, analysts caution that volatility may remain high in the short term due to global economic cues. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes ***** must verify information before investing and consider their financial position & risk profile.