Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

India's Gold Prices Surge ₹4,970 Amid Global Uncertainty

Guavy AI Editorial Team
Instruments
Gold
Share

Gold prices have been on the rise in India for the past week, fueled by both global and domestic factors. According to data from MCX, gold prices started at ₹1,55,660 per 10 grams on August 17 and closed at ₹1,60,630 by the end of trading day today.

The weekly gain of ₹4,970 is a significant increase, with Thursday seeing the biggest movement when 24K gold jumped by ₹4,300 per 10 grams. Geopolitical concerns and a weaker US dollar were cited as possible market triggers for this surge in prices.

In addition to global factors, domestic demand also played a role in driving up gold prices. The upcoming festive season is expected to lead to increased physical demand for gold from Indian jewellers, pushing prices higher.

More on Commodities

Commodities just now

WTI Crude Oil Makes Strong Comeback on Geopolitical Tensions

Commodities 2m ago

Middle East Tensions Push Crude Oil Prices Higher

Commodities 3m ago

WTI Oil Price Dips 0.60% as Tensions with Iran Continue

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy