Gold prices: Gold shine is increasing continuously amidst the possibility of economic recession in Global and America. So far in 2025, the price of gold (YTD) gold has increased by about 25%. On Thursday 17 April, the price of gold reached Rs 95,239 per 10 grams on the Multi Commodity Exchange (MCX). Whereas on 17 April 2020, 5 years ago, the price of gold was Rs 44,906 per 10 grams. That is, in the last 5 years, its price has increased by more than 110%.
After such a fast lead, now the question is arising in the mind whether the price of gold will soon touch the figure of 1 lakh rupees. Or can it see a sharp decline due to profits in it?
Why the price of gold is increasing?
In HDFC Securities, the head of commodity and currency, Anuj Gupta said, “Investors are afraid of recession due to tariffs and rising business instability in the US. Gold remains the first choice of investors in circumstances. “
What will be the price of gold?
Gupta says that “the reasons for which gold has arisen is still maintained. So the probability of a sharp fall in prices is very low. Global brokerage goldman Sachs has also increased its gold price target – now it is $ 3,700 an $ 3,700 per ounce. And if the situation deteriorates, it can also be seen in any $ 4,500 an $.”
Will gold cross the ₹ 1 lakh mark?
According to experts, gold prices are likely to rise further. Bank of America analysts estimate that in the next 2 years, Comex gold prices may reach 3,500 an ounce, while Goldman Sachs expects gold to reach $ 3,300 per ounce by the end of 2025. If this happens, the price of gold in India can cross the figure of 1 lakh.
Advice for investors
Experts have advised investors to adopt shopping strategy on “Buy on Dips”. He said, “Gold will remain a safe and profitable option for investors until a concrete solution comes under global business stress.”
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