Gold Rush Alert: Will the Yellow Metal Strike Rs 1 Lakh Jackpot in 2025?

Gold prices in India are marching ahead, with analysts claiming that the yellow metal is likely to breach the Rs 1 lakh per 10 grams level in 2025. As of March 1, 2025, gold stood at Rs 87,417 per 10 grams, having already witnessed a 330% rise in the last 10 years. Factors influencing this positive trend are geopolitical tensions, economic instability, and prospective US tariffs during Trump's administration. While caution is being expressed by some, others predict gold up to Rs 1,48,071. Investors are taking greater interest, with gold ETFs having record inflows in January 2025. The Indian gems and jewelry sector is predicted to grow to $100 billion by the end of the year.

 

Source: The Financial Express, March 1, 2025