Gold prices in India witnessed a strong rebound, rising by more than ₹5,000 per 10 grams, as investors stepped back into the market after a week of heightened volatility. The recovery was driven by bargain hunting, improved global cues, and renewed demand in the domestic bullion market.

Key Highlights

• Gold prices in India jump over ₹5,000 as dip-buying boosts market sentiment.
• Strong domestic demand and global cues drive recovery in Indian bullion prices after volatile trading.

On the Multi Commodity Exchange (MCX), gold futures registered sharp gains, supported by a softer US dollar, easing bond yields, and expectations that major central banks may adopt a more accommodative monetary stance. These factors enhanced the appeal of gold as a safe-haven asset amid lingering global economic uncertainties.

In the Indian market, jewellers and retail investors took advantage of the recent price dip to rebuild inventories, particularly ahead of the upcoming festive and wedding season. This pickup in physical demand provided further momentum to prices.

Market participants noted that volatility remains elevated due to ongoing geopolitical tensions, inflation concerns, and uncertainty around interest rate trajectories in major economies. However, the renewed buying interest indicates strong underlying support for gold prices in India.

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Analysts believe that in the near term, gold prices may continue to fluctuate within a broad range, tracking movements in global markets, currency trends, and domestic demand patterns. Investors are advised to monitor macroeconomic indicators and central bank signals closely while positioning in the precious metals segment.