Gold prices in India are on the rise, with experts predicting that they could reach a whopping Rs 1,00,000 per 10 grams by the end of 2025. Currently, the rates are hovering around Rs 87,000 per 10 grams, including GST.
A jeweller in Pune mentioned that gold prices have been steadily climbing over the past few days, reaching around Rs 87,000 today. He attributed this surge to international market trends and economic conditions. The recent U.S. elections and policy changes announced by President Donald Trump are also said to be contributing factors to the increase in gold prices.
Market discussions suggest that gold could surpass the Rs 1,00,000 mark by the end of the year. Despite the steep rise in prices, experts believe that the demand for gold will remain strong. Investors continue to see gold as a reliable form of investment and a hedge against economic uncertainties.
As global economic uncertainties persist and geopolitical tensions influence markets, gold is expected to maintain its status as a safe-haven asset. It is advised for investors and consumers to keep a close eye on market trends as gold prices continue to climb towards the projected Rs 1,00,000 milestone.
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