05 Oct 2025 | 3 Mins Read

Gold price volatile due to US government and Fed's next move

Flipitmoney

Gold prices surged 2.8-3.5% in the past week, driven by a weaker US dollar, US government shutdown concerns, and potential Federal Reserve rate cuts. Gold futures for December delivery rose to ₹1,18,113 per 10 grams and $3,908.90 per ounce, touching a record high. Silver futures also gained, with December delivery prices surging 2.72%.