Dhanteras 2025: Even before Dhanteras, gold has given very good news to the investors. So far in the year 2025, gold prices have increased by more than 60%. Now the biggest question is what will be the price of gold till next Diwali? Will gold again give returns of up to 60 percent by next year? Gold has reached record levels. At present, the price of 24 carat gold in India is around Rs 1,32,700 per 10 grams, while 22 carat gold is being sold at Rs 1,21,700 per 10 grams.
There are many reasons behind the rise of gold in the year 2025. Global instability, weakening of the rupee, expectations of interest rate cuts by the US Federal Reserve and continuous buying of gold by central banks are the major reasons for the rise in gold prices.
In India, Dhanteras is considered the most auspicious day to buy gold. Lakhs of people buy gold and silver on this day. For Indians, gold is not just jewellery, but a safe investment. For this reason, Indian families are said to have private gold deposits of more than $3 trillion.
According to brokerage firm Axis Direct, gold has given an excellent return of about 60% since last Dhanteras, which is much better than the Nifty 50 index of the stock market. According to the report, this surge in gold prices has come due to falling interest rates, increasing geopolitical tensions, heavy purchases by central banks and economic uncertainty.
Experts believe that gold prices may remain high in the coming months also. If gold sustains above $3,800 an ounce, it could go to $4,700 to $4,800. However, if the price dips below $3,446, it may drop to $3,100 levels.
Will gold become cheaper?
Axis Direct suggests investors to buy on dips in the range of Rs 1,05,000 to Rs 1,15,000 as gold prices may touch Rs 1,45,000 to Rs 1,50,000 by next Diwali.
Many central banks around the world are increasing investment in gold by reducing dependence on the dollar. Last year, banks added 1,180 tonnes of gold to their reserves and are expected to buy about 1,000 tonnes of gold in 2025. This has provided a strong base to gold prices. Apart from this, investors are also investing money in gold to protect against currency weakness and inflation. Continuously increasing ETF investments have also taken the price of gold to new heights.
New trend in jewellery: Diamond’s shine increased
With gold prices skyrocketing, people’s preferences are also changing. Raj Diamonds MD Ishwar Surana says that the festive season is special for people not only religiously but also emotionally. Now buyers are getting attracted towards diamond jewelery instead of traditional gold. According to Surana, in the coming years, diamond jewelery will not be limited to weddings only, rather it will become a fashion trend worth wearing on every occasion.