Gold Prices Rise Across Asia, Europe Amid Market Volatility

Gold prices have seen notable increases globally in mid-July 2025, influenced by factors such as geopolitical tensions, financial market shifts, and currency fluctuations. In Indonesia, gold jewelry prices vary based on carat, weight, and design, with 9-carat gold priced at Rp512,000 and 18-carat at Rp1,290,000, alongside the emerging option of digital gold assets like Tether Gold (XAUt). Uzbekistan experienced a weekly rise in gold bar prices, with a gram increasing by 13,000 UZS due to investment demand and market conditions. Similarly, in India, gold prices have surged with 24-carat gold reaching Rs 99,490 per 10 grams in several cities, while silver prices have also risen significantly. The India Bullion and Jewellers Association reported gold prices increasing by several hundred rupees per 10 grams, with GST and making charges further affecting final consumer costs. These trends reflect a broader strengthening in precious metal prices amid economic uncertainties and inflation hedging strategies.