Inside the surge: Gold's record rally explained | Number Theory

BySreedev Krishnakumar

Updated on: Oct 13, 2025 08:59 AM IST

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At the same time, the surge has tested the resilience of Indian demand. The charts below explores gold’s record run in detail

Gold is in the middle of an extraordinary run, crossing the $4,000 an ounce mark earlier this month in the international markets, while its domestic price has doubled in recent years. The rally has outpaced many equity benchmarks, raising the question how gold compares with stock market returns both globally and in India. At the same time, the surge has tested the resilience of Indian demand. The charts below explores gold’s record run in detail.

PTI Photo(PTI)

Number Theory

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