Gold Prices Hit New Record High: One Sovereign at ₹1.24 Lakh
Gold prices have hit a new record high in India, with rates at ₹15,610 per gram and ₹1.24 lakh per sovereign, driven by a weaker rupee and rising global investment demand.
Arunkumar Gowrishankar 
Gold prices have touched a fresh all-time high, driven by the weakening of the Indian rupee against the US dollar and a surge in global investment demand for the precious metal.
As per today’s rates, gold is being sold at ₹15,610 per gram, while the price of a sovereign (8 grams) has reached ₹1,24,880. Market experts attribute the steady rise to global economic uncertainty, strong investor interest, and fluctuations in currency markets.
Jewellers and investors are closely monitoring international trends, as further movements in global gold prices and the rupee are expected to influence domestic rates in the coming days.
