Gold rates add ₹400 to hit highest-ever level of ₹1.06 lakh/10 g on tariff woes, weak rupee

News Snapshot:

Gold price stayed firm for the seventh consecutive session and added ₹400 to hit a fresh peak of ₹1,06,070 per 10 grams in the national capital on Tuesday (September 2, 2025) amid unabated chase for safe-haven assets triggered by sweeping U.S. tariffs and tumbling rupee against American currency. According to the All India Sarafa Association, the precious metal of 99.9% purity had settled at ₹1,05,670 per 10 grams on Monday (September 1, 2025). The price of gold of 99.5% purity also increased ₹400 to hit a new record of ₹1,05,200 per 10 grams (inclusive of all taxes) on Tuesday. It...