Neutral impactCommodity
Gold Near Rs 1.5 Lakh Before Diwali: What You Actually Pay For 10 Grams
NDTV Profit 2 hrs ago·13 Oct 2026, 1:28 pm
Gold prices have surged, nearing the Rs 1.5 lakh mark per 10 grams ahead of the festive Diwali season. This rally is driven by strong global demand and safe-haven buying as investors seek stability amid economic uncertainty. For retail investors, this spike highlights the asset's role as a hedge against inflation and market volatility.
Deciding between physical gold and Exchange Traded Funds (ETFs) depends on your specific needs. Physical gold offers tangible security and immediate utility, but it involves high making charges and storage hassles. Conversely, gold ETFs are more cost-effective and liquid, allowing you to trade them easily on stock exchanges without physical delivery.
Going forward, monitor global cues like US interest rates and central bank policies. If inflation fears persist, the yellow metal may continue its upward momentum. However, profit-booking could occur if the rally becomes too sharp, so a staggered investment approach is advisable.
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
