MCX Gold Achieves This Landmark For The Very 1st Time In 20-Year History

Gold on MCX has made history in 2025 by delivering positive returns every month so far. Monthly gains include 7.7% in January, 3.7% in February, 4.6% in March, 5.9% in April, 1.2% in May, 0.6% in June, 2.5% in July, 4% in August, and a notable 11.7% jump in September month-to-date. In India, investor and consumer interest in gold remains strong. As of September 24, 24-karat gold was priced at ₹11,537 per gram, 22-karat at ₹10,575, and 18-karat at ₹8,653, according to Goodreturns. Analysts credit the steady demand to the festive and wedding season, rupee depreciation, and safe-haven buying. Aksha Kamboj of IBJA said expectations of US rate cuts and a weaker dollar, combined with local demand, have supported gold’s rally. Colin Shah of Kama Jewelry added that gold’s rise above ₹1.10 lakh per 10 grams is due to global economic and geopolitical factors. While high prices may limit short-term buying, demand remains strong, especially for lightweight jewellery and gold coins.