Gold surges ₹1,185 to record ₹1.28 lakh/10g, breaches $4,250 an ounce in global markets
Gold prices on Thursday (October 16, 2025) surged by ₹1,185 to scale an all-time high of ₹1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the $4,250 per ounce globally, driven by expectations of interest rate cuts by the U.S. Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity…