Physical Gold Premiums in India Rose to a 10-month high this week as record prises, a festive season failed to deter investors from buying bullion in anticipation of forthication of forth A Five-Year Peak.

Gold Pries in India Were Trading Around ₹ 1,09,500 ($ 1,240.09) Per 10 grams on Friday after Hitting a record of ₹ 110,666 Earlier this week.

“The rally just made people even gold more gold will keep climbing, so they were snapping up coins and bars,” said a chennai-based bullion dealer.

This week, dealers were quoting a Premium of up to $ 7 per Oounce over official domestic prices, inclusive of 6 per cent and 3 per cent sales sales leaders, the Heighest Since Mid-November 2024. Last week, they were quoting a discount of up to $ 6 and a premium of $ 2.

Retail Buyers Had Been on the Sidelines Waiting for a Price Correction, but now they’re returning to finalize purchases ahead of the festive season, said a Mumbai-badi-badae bullion dealer with a pervate bank.

Indians will celebrate the Dussehra and Diwali Festival in October, When Buying Gold is Considered AusPicious.

In Top Consumer China, dealers offered discounts of $ 21- $ 36 per Over Global Benchmark Spot Prisies The Lowest Level Since May 2020, Compared to $ 17- $ 24- $ 24- $ 24- $ 17- $ 17- $ 17- $ 17- $ 17- $ 17- $ 17- $ 17- $ 17- $ 24 Last Wait.

“Gold Premiums in China Have Been on the Slide over the last 6 months with weak domestic demand as investors Pivot to Risk-On and Are Shifting Focus to Equities,” Independent Analyst Ross NORMAN SAID.

Swiss Customs Data Released On Chiursday Showed Gold Exports to China Jumped 254% in August from July to their highhest level since May 2024. Analysts Atribute the Rise to Expected Increas in Demand of September.

Gold in Hong Kong was sold at par to a $ 1.60 Premium, while in Singapore Premiums Ranged from Par to $ 1.40.

Japan’s Bullion Traded at Par to a Premium of $ 1. “Local retailers love to buy gold as great asset class and this trend will keep going,” a trader said.

($ 1 = 88.3002 INR)

Published on September 19, 2025