In a historic milestone, gold prices in India have surged to ₹1,00,000 per 10 grams, registering a nearly 200% rise since 2019, when gold was trading around ₹33,000. This sharp rally reflects not only the precious metal’s safe-haven appeal but also shifting global economic dynamics.
The rise is consistent with global gold prices, which have also surged to over $2,500 per ounce, supported by high inflation, geopolitical uncertainty, and strong demand from central banks.
Why Did Gold Rise So Rapidly?
The recent rally is being driven by:
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Persistent global inflation, weakening currencies like the rupee and dollar.
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Ongoing geopolitical tensions in regions like Ukraine, the Middle East, and Asia-Pacific.
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Increased central bank buying, especially by countries like China and India.
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A weakened trust in fiat currencies, pushing investors toward tangible assets.
“Gold is now being treated not just as a commodity, but as a financial insurance policy,” says a commodity strategist at a leading investment firm.
What Could Happen by 2030?
With gold already at ₹1 lakh per 10 grams in 2025, the big question is: Will the rally continue?
Here’s what analysts believe:
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If inflation remains high and central banks continue to diversify reserves, gold could reach ₹1.3–₹1.5 lakh per 10 grams by 2030.
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In global markets, gold could surpass $3,200–$3,500 per ounce if recession risks and geopolitical issues escalate.
That said, gold’s journey won’t be a straight line. There may be temporary dips, but the long-term trajectory appears bullish.
Should You Invest Now?
If you’re thinking of entering the gold market now, consider the following:
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Don’t go all-in — gold is a hedge, not a high-return growth asset.
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Invest in parts through SIPs in gold ETFs, sovereign gold bonds, or digital gold.
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Watch out for policy decisions, particularly interest rate movements by the US Fed and RBI, which affect gold prices.
Final Thoughts
Gold touching ₹1 lakh per 10 grams is not just a number — it’s a signal of deeper shifts in the global economic structure. In uncertain times, gold has once again proven its role as a reliable store of value.
Whether it climbs further or consolidates, gold remains a long-term ally for cautious investors looking to protect their wealth.
