Gold Surges 3.75% in a Week, Nears All-Time Peak Amid Geopolitical Tensions

• Gold spot price gained 3.75% in the past week, reaching $4,477 an ounce, nearing its peak of $4,546 on December 26, 2025.
• Domestic gold futures on MCX opened at Rs 1,38,750 per 10 grams (24K), with a peak of Rs 1,40,465 recorded on December 26.
• The Indian rupee strengthened against the U.S. dollar, gaining 0.09% in a day and 0.33% in a week, standing at 90.165.
• Gold prices vary by purity and city, with marginal differences across major Indian cities like Mumbai, Delhi, and Chennai.
• Geopolitical tensions, including reports of US crossing the Venezuela border, are driving safe-haven demand, pushing gold prices higher.

Why It Matters: Gold prices are surging due to geopolitical tensions, nearing an all-time peak with an upward bias expected.