Gold Price Fall: After registering a record boom in the last few months, now the fall in gold prices can begin. The Brokerage House Quant Mutual Fund has stated in its June 2025 factory that gold prices may fall by 12% to 15% in the coming two months.
Currently, the price of 24 carat gold in Delhi is at ₹ 98,500 per 10 grams (3% GST). If an estimated decline occurs, gold can go below ₹ 85,000.
What will gold be cheaper?
According to the Quant Mutual Fund, “Gold has touched its height and it is possible to fall by 12–15% in the dollar-based price. However, our perspective remains positive from the perspective of medium and long-term. Precious metals should be found strong in the investment portfolio.”
Big decline from America estimated
Morningstar’s US-based analyst John Mills has warned of a decline of up to 38% over the next few years. If this estimate is proved correct, gold prices in India may fall to ₹ 56,000 per 10 grams. He says that the increase in gold supply and potential lethargy in global demand will be the main reasons.
Why have you gone gold so far?
Since the beginning of 2025, gold has climbed 34%. This made it the best performance in all major asset classes. There were many reasons behind this:
- America-China feared a trade war.
- Russia-Ukraine growing stress in war.
- Investors’ increasing interest in safe investment.
US President Donald Trump on Wednesday doubled the import duty on steel and aluminum. At the same time, he has accused China of violating the trade agreement. This increased the global trade tension. Due to this, investors have taken shelter of gold again.
Sales of jewelery decreased due to increase in gold prices
The effect of this boom was that the demand for gold jewelery in the domestic market declined. According to India Bullion & Jewellers Association – IBJA, gold sales have fallen by 30% to 1,600 kg in the last two weeks.
What will happen next in gold prices?
“If the Non-Farm Payroll data of America comes strong, the Carston Fritsh (Non-Farm Payroll) of the Commerzbank says,” If the Non-Farm Payroll data of America comes strong, the federal reserve will reduce the chances of cutting the interest rates. It can increase the price of gold. “
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