October 27, 2025—In a stunning display of resilience amid global uncertainties, MCX gold futures have catapulted beyond the ₹1.20 lakh per 10 grams mark for the first time in history, closing at ₹1,21,450 on October 24, propelled by a confluence of safe-haven inflows, geopolitical flare-ups, and anticipatory festive buying. This 3.2% single-session escalation from the previous close of ₹1,17,500 crowns the yellow metal’s most vigorous weekly ascent since the March 2025 U.S.