There was a time when the price of 10 grams of gold used to be around Rs 30,000. Then gradually this figure crossed 50,000, and now it has also crossed the level of Rs 1 lakh. Today in Delhi, 24 carat 10 grams of gold is being sold at Rs 1,02,640, which is higher than the price of other cities in the country...
There was a time when the price of 10 grams of gold used to be around Rs 30,000. Then gradually this figure crossed 50,000, and now it has also crossed the level of Rs 1 lakh. Today in Delhi, 24 carat 10 grams of gold is being sold at Rs 1,02,640, which is almost the same in other cities across the country. That is, in 6 years, gold prices have seen a jump of about 200%.
Now the question arises- will gold keep getting more expensive like this? Can 10 grams of gold cost more than Rs 2 lakh? Let us know the reason for this wild rise in gold prices and the future prospects.
Why is the price of gold constantly rising?
Financial experts believe that global tension is the biggest reason behind the rise in gold prices. Currently, the Russia-Ukraine war, Iran-Israel conflict, signs of global recession and post-Covid-19 uncertainties have forced investors to avoid volatile markets and turn to safe assets i.e. gold. Along with this, inflation and weakening currency value are also prompting investors to take refuge in gold.
Why is investing in gold becoming wise?
Traditionally, gold has been an emotional and economic investment in the Indian market. But now international investors are also looking at it as a 'safe haven' asset. An example of this was seen in April 2025, when 10 grams of gold reached ₹ 1,01,078 on MCX (Multi Commodity Exchange). According to a report, if gold prices continue to rise at this pace (18% per annum), then the price of 10 grams of gold can reach ₹ 2,25,000 to ₹ 2,50,000 in the next 5 years.
What do international conditions say?
However, some reports also indicate that the gold market is now entering a state of possible consolidation. This means that unless there is a major global shock, there will not be much volatility in prices.
This is also indicated by some recent events:
China has invested only 1% of the total assets of its insurance sector in gold. Many central banks are now adopting a slow pace in gold purchases. These factors indicate that gold prices may stabilize in a range in the coming time - provided that no new major geopolitical or economic crisis emerges.
What is the advice for investors?
If you are a long-term investor, gold can still be considered a strong option. Market experts advise that investing 5-10% of your portfolio in gold can be beneficial. For small investors, there are also options like gold ETF, digital gold or sovereign gold bonds (SGB), which are safer and more commercial than physical gold.
PC:Punjab Kesari
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