Gold Trend: Gold has performed quite strong in the first four months of 2025. So far it has shown a rise of about 25%. Gold has touched record heights on both MCX and COMEX. There are many reasons behind the great boom in gold. Such as global geopolitical tension, especially trade war between the US and China, and the huge increase in demand for safe investment.
This demand is not limited to retail investors only, but even large institutional investors have given priority to gold in portfolio. In such a situation, the question arises whether Gold is still scope for a boom after giving 25% returns or a decline for investment should be awaited. Let’s know that the opinion of the expert.
Will gold continue to rise in gold?
Navneet Damani, head of commodity and currency research in Motilal Oswal Financial Services, says, “Gold has emerged as a symbol of stability in the current unstable global environment. Till the trade war and inflation pressure will continue, and the central bank will continue to buy gold, till then it will remain a strong asset. Our perspective is going to be in a loud -bail ‘. For.”
Is it right to buy gold at this time?
According to a Mint report, NS Ramaswamy, the head of commodities in Ventura, says that investing during the current boom can be risky. Ramaswamy said, “Now gold is at its highest level. The possibility of profit booking remains from here. We should wait for a correction around 7%, so that a short term is a chance to buy.”
Ramaswamy also believes that in the next 6–8 months, gold may also grow from 4% to 7% from the current level, but the speed is a bit uncertain. He said that gold has taken advantage of all the reasons for speed. And as gold is reaching new heights, it is also increasing instability in it. This can be a major risk for near -term investors.
What to do in gold according to long term?
Many experts are undoubtedly fearing a decline in gold in the near period. However, it is considered a good investment according to the long term. Global Strategy Operations Lead Ross Maxwell at VT markets says, “Buying on top is always risky. But if you have a passage of wealth preservation or macro economic risk in the long term, then buying gold can still be a much better decision.”
Maxwell advises that investors should shop in small amounts from time to time. If the price of gold falls then you will be able to buy more cheaply. At the same time, if the price rises, you must have already invested at a balanced level.
What is the price of gold in India?
On Friday (April 18), the price of 24 carat gold in Delhi was Rs 97,730 per 10 grams. At the same time, silver price was Rs 99,900 per kg. Let us know why the price of gold is increasing and how much it can grow:
- There is a huge ups and downs in gold prices between the US and China.
- Gold is constantly getting expensive in the global market, causing prices to remain high in India too.
- Currently, the purchase and sale of gold is being done in a limited scope, investors are cautious.
- If there is stability in the global market, gold can come around ₹ 75,000 per 10 grams in the next 6 months.
- However, if the US-China tariff dispute increases further, gold prices can also go to ₹ 1,38,000 per 10 grams.
Also read: Gold Price Outlook: Sleeping at record high, will be speeding up here or now the recession will come?