10 Grams of Gold Now Costs ₹1 Lakh Here—Check City-Wise Rates

New Delhi (The Uttam Hindu): The impact of Donald Trump's tariff policies continues to ripple through global markets. Following a significant sell-off triggered by the initial tariffs, markets around the world have rebounded sharply since the pause in those trade measures. Riding this wave, gold prices have also witnessed an exceptional surge.

In Jalgaon, Maharashtra, gold prices have soared to a record ₹98,100 per 10 grams (including GST). Bullion traders in the region suggest that gold could soon breach the ₹1 lakh mark, driven by international market trends and increasing investor demand. A year ago, the same quantity of gold cost around ₹68,000, indicating a steep rise of ₹30,000 within 12 months.

Experts are now predicting that by the time of Akshaya Tritiya, gold prices may climb even further, potentially reaching ₹1.3 lakh per 10 grams. Many customers are taking advantage of the current price surge by selling old jewellery, while new buyers—especially those not bound by wedding season purchases—are exercising caution due to the steep prices.

Traders attribute the continuous rise to global economic shifts, the trade war between the US and China, and uncertainty in financial markets, all of which are fuelling demand for the yellow metal as a safe investment.