Gold prices in Pune witnessed a sharp jump on Tuesday, January 21, in line with the strong rally seen across domestic and international bullion markets, as investors continued to seek safety amid escalating global uncertainties.
As per the latest available data, 24-carat gold in Pune is priced at Rs 1,58,735.90 per 10 grams, registering a rise of Rs 7,394.90, or nearly 4.9%, compared to the previous trading session. The surge comes amid record-high gold prices globally, supported by geopolitical tensions, trade-related concerns, and weakness in the US dollar.
Internationally, gold prices surged past the $4,800 per ounce mark, touching fresh all-time highs as heightened risk aversion pushed investors toward safe-haven assets. These global cues have directly influenced domestic gold rates, lifting prices sharply in key Indian cities, including Pune.
It is important to note that local gold prices may vary slightly depending on jeweller margins, local demand, and supply dynamics. The quoted rates are exclusive of GST and making charges, which are added at the time of purchase.
With global macroeconomic developments and geopolitical headlines remaining in focus, gold prices are likely to stay volatile in the near term, closely tracking movements in international markets.