Gold Price: For some time, there has been tremendous fluctuations in gold prices. It has a large global instability and the increase of trade war between the US-China again. In this, US President Donald’s reciperook Tariff also played an important role, which has given relief to all other countries except China.
Gold is considered a safe investment option, especially when there is instability in other assets such as equity. In the current era, many investors are withdrawing money from equity and investing in gold. But now the question is, will this speed last for a long time?
Experts have different opinions on this. Some believe that by the end of 2025, the rate of gold can cross ₹ 1 lakh per 10 grams. At the same time, some experts say that the price of gold may crash up to 43%. Let us know in which direction the gold rate can go now.
Will gold go to ₹ 1 lakh per 10 grams?
Expert opinions about increasing gold prices are different. Let’s say what they have to say about the price of gold.
- Ryan McIntire, senior portfolio manager at Sprott Asset Management, says strong central bank is supporting shopping and geopolitical and economic uncertainty, especially the tariff policy of Trump, is supporting gold prices.
- Kama Jewelry’s managing director Colin Shah told The Hindu Businessline that this year the Federal Reserve can cut interest rates twice. In such a situation, it is not surprising that the price of gold reaches ₹ 1 lakh.
- Kishore Narne, director and head of commodities in Motilal Oswal Financial Services, says, ‘There is no limit to gold prices. It can also go up to $ 4000-4500 an ounce. Whatever number you think, it will come at some time. ‘
- Chintan Mehta, CEO of Abans Financial Services, is reversed from the rest of the experts. He says, ‘This fast is an extension of the current trend rather than a new beginning. Most positive factor have already come in the market. Now there is no new reason to increase the price of gold. So it would not be right to expect gold to go up to ₹ 1 lakh right now.
Will trade war, will you increase the price of gold?
Gold prices are at a record high amidst the possibility of trade war, inflation and recession. US President Donald Trump is continuously increasing tariffs on China. China is also being increased in response. Due to this global instability, central banks are depositing gold. Investors are also mostly betting on gold.
Goldman Sachs believes that gold can go up to $ 4,000 an ounce by the end of 2025, which is currently $ 3,198 per ounce. Accordingly, the price of gold can increase by about 25%. If it looks at the existing gold level in India i.e. Rs 95,660 per 10 grams, then the price can increase to Rs 1,19,575 per 10 grams.
Can gold fall by 38-43%?
Market strategist John Mills at Morningstar (USA) estimate that gold may fall to $ 1,820 an ounce. The current level will fall by $ 3,198 per ounce to about 43%. The price of gold in India is currently Rs 95,660 per 10 grams. If it falls by 43%, the price will come up to 54,526 per 10 grams.
However, the trend of gold prices at this time is bullish. But mills and other analysts believe that many reasons such as increase in supply, decline in demand, and market saturation can bring a sharp fall in gold prices.
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