Gold Hits New All-Time High on October 14, 2025 — MCX Price Up ₹2,300; Check Latest Gold Rates Across Cities
Gold Prices Today: Gold Surges to Another All-Time High on Tuesday (October 14), Fueled by Strong Global Sentiment and Tight Supply
As of 11:35 a.m., gold prices climbed 0.8% or ₹1,032 to trade at ₹1,25,661 per 10 grams on the MCX. The precious metal briefly touched a new record of ₹1,26,930 — a rise of ₹2,301 from Monday’s close.
In global markets, spot gold soared to an unprecedented USD 4,153 per ounce, gaining 1% today after a 2.3% jump yesterday. The metal has now risen 7.5% so far this month and an impressive 56% since the beginning of the year. In light of the ongoing rally, Societe Generale revised its 2026 price forecast upward to USD 5,000 per ounce.
Market optimism remains strong as robust ETF inflows and steady central bank purchases continue to support the bullion’s momentum. These factors have amplified demand, further lifting prices.
Adding to the bullish trend, traders are now pricing in almost a 100% probability of a U.S. Federal Reserve rate cut at its upcoming meeting on October 29, according to CME’s FedWatch Tool. Lower interest rates typically weaken the U.S. dollar and Treasury yields, making gold more attractive as a safe, non-yielding investment.
On the geopolitical front, tensions escalated after U.S. President Donald Trump announced a 100% tariff on all Chinese imports, effective November 1, 2025, in retaliation for China’s new restrictions on rare earth exports and high-tech materials. Rising geopolitical uncertainty has further driven investors toward gold as a safe-haven asset.
Meanwhile, silver — often considered gold’s counterpart — also surged sharply. As of 11:47 a.m., silver prices were up 1.68% or ₹2,599, trading at ₹1,57,244 per kg, after touching a session high of ₹1,62,700, the highest ever recorded.
In the international market, spot silver reached an all-time peak of USD 52.9 per ounce, up 1.1% today after a 6.3% jump yesterday. The metal has rallied 11.7% this month and a remarkable 79% year-to-date, reflecting sustained investor confidence in precious metals amid global volatility.
