Gold costs climbed ₹119 to trade near a record high of ₹1,10,298 per 10 grams within the home futures market on Tuesday (September 16, 2025), monitoring robust world cues as buyers positioned ahead of an anticipated US Federal Reserve fee lower this week.
On the Multi Commodity Exchange (MCX), essentially the most traded gold futures for October supply rose ₹119 or 0.10% to ₹1,10,298 per 10 grams. The contract had touched a record high of ₹1,10,330 per 10 grams within the earlier session.
Similarly, the December contract superior ₹109 to ₹1,11,346 per 10 grams on the MCX, after scaling a contemporary peak of ₹1,11,350 per 10 grams on Monday.
According to the Commodities market specialists, the gold costs maintained their upward momentum as merchants guess on a fee lower by the Fed in its policy decision on September 17, whereas additionally in search of indicators on additional financial easing by the remaining of the 12 months.
In the worldwide market, gold futures for December supply surged to an all-time high of $3,728.32 per ounce, underpinned by expectations of looser U.S. financial policy and sustained demand for safe-haven belongings amid world financial uncertainty.
“Gold has been witnessing strong investor interest in recent weeks, with prices scaling multiple records both in domestic and overseas markets. Traders said that while some profit-booking cannot be ruled out at higher levels, the overall trend remains positive,” an professional stated.