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Gold prices are running at a record level. Major global investment bank Goldman Sachs estimates that gold prices may increase by about 50%. The bank believes that gold can touch record heights due to the ongoing Geo political tension and economic uncertainties.
According to a recent report by Goldman Sachs, the bank has set a large target of $ 5000 an ounce for gold by next year. According to the current exchange rate, it will be around Rs 1,55,000 per 10 grams in Indian currency. This is much higher than the current market price of gold.
Gold can go up to 1.44 lakh rupees Sandeep Raichura, director of brokerage firm PL Capital, said that gold in the international market can increase from about Rs 1,14,000 per 10 grams to Rs 1,44,000 per 10 grams. On 23 September 2025, the US spot gold reached Rs 1,13,800 to 10 grams, which has been almost doubled two years ago.
The price of gold continues to expedite the sixth consecutive week. Tension among several countries including Russia, US President Donald Trump’s sharp rhetoric and the expectation of the Fed Reserve has accelerated the trend.
So far this year, gold has given 49% returns and silver 60% returns On Friday, 24 carat gold closed at Rs 1,13,261 per 10 grams and 22 carat gold at ₹ 1,03,748 per 10 grams in the domestic market. At the same time, silver also reached a historic level of Rs 1,38,100 per kg.
So far this year, gold has given 49% returns and silver has given 60% returns. According to the World Gold Council’s Kavita Chacko, prices rose by 6.7% in the initial September, as investors bought gold as a safe investment.
5 major reasons, due to which there is a possibility of speed in gold …
1. Central bank shopping: Large banks around the world want to reduce dependence on dollars. Therefore, they are constantly increasing the gold part in their treasures.
Affect: When the big banks buy continuously, the demand for gold in the market remains and the price goes up.
2. ‘Trump Factor’ and Policy-Uncertainty: There is uncertainty about the policies of America. The interference on the Federal Reserve weakens the dollar-bind market.
Affect: Investors find safe hideouts and run towards gold. This causes gold prices to rise.
3. Crypto towards gold: Investors are investing money in gold due to fluctuations in crypto and fear of strict rules. Low returns from the stock market in India also made gold attractive during the recent few times.
Affect: The demand for gold rapidly rises prices.
4. Deadroarization: Many countries are changing their economic models by reducing the use of dollars. Debt on America is increasing and the dollar is weakening.
Affect: If the dollar is weak, gold increases.
5. Long-Term Asset: Gold is never completely useless. It is not destroyed, limited and saves its price at the time of inflation.
Affect: It is mostly beneficial to keep gold in a long time.
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