Why MCX Gold Hit ₹99,358 and What’s Next?

Why MCX Gold Hit ₹99,358 and What’s Next?

The Multi Commodity Exchange (MCX) gold price soared to an all-time high of ₹99,358 per 10 grams on April 22, 2025, driven by a confluence of global and domestic factors. This surge reflects gold’s role as a safe-haven asset amid escalating geopolitical and economic uncertainties. Below, we explore the key reasons behind this peak and provide insights into the future outlook for MCX gold prices, based on market trends, expert analyses, and recent developments.

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Gold Prices Rise Today After 4-Day Fall

Gold Silver Reports (GSR) — Gold prices climbed Rs 80 to Rs 32,150 per 10 gram while silver ended Rs 150 higher at Rs 38,150 per kg. Gold prices were on a downtrend last week, falling Rs 620 over four days. On Saturday, gold fell by Rs 180 to Rs 32,070 per 10 gram.

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