Gold surges to ₹1 lakh amid rising India-Pakistan tensions following ‘Operation Sindoor’
Updated: May 8th, 2025
Gold prices in India reached an all-time high of ₹1,00,715 per 10 grams on Thursday, driven by rising geopolitical tensions between India and Pakistan following the military operation codenamed Operation Sindoor. This marks the second time gold has breached the ₹1 lakh mark, reflecting heightened investor anxiety.
The surge comes amid growing uncertainty in the region, as diplomatic relations deteriorate and markets react to fears of escalation. Safe-haven assets like gold tend to see a surge in demand during periods of conflict or instability, and Indian investors are turning to bullion for security against financial volatility.
Market analysts say the sharp spike in gold prices is linked not only to domestic tensions but also global cues, including a weaker rupee and firming international gold rates. Jewellers have reported increased footfall in stores, with customers opting to buy ahead of further price hikes.
Experts caution that continued escalation could push gold prices even higher in the coming weeks. The government has not issued an official statement on the market impact, but the Finance Ministry is said to be monitoring the situation closely.
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