Gold set to extend record run may hit 90k/10gm in 2025
A safe-haven asset, gold's price is predicted to keep rising impressing in 2025. If geopolitical tensions remain and global uncertainties continue, the price of gold may soar up to ₹90,000/10 gm, say analysts.
Gold set to extend record run may hit 90k/10gm in 2025
A safe-haven asset, gold's price is predicted to keep rising impressing in 2025. If geopolitical tensions remain and global uncertainties continue, the price of gold may soar up to ₹90,000/10 gm, say analysts. The continuing record streak for the metal was driven by a combination of factors, according to analysts, like central bank buying and further interest rate cuts from major economies.
LKP Securities Vice President, Research Analyst Commodities, Jateen Trivedi, expects gold to work well in this year. "The outlook for gold in 2025 is still positive but the pace of growth may ease a little," Trivedi said.
Prices of gold had reached record levels already in 2024, close to ₹85,000 per 10 grams. Investors flocked to the metal as a safe haven against problems such as inflation and very changeable interest rates. The rising value of gold is also supported by a trend of gold accumulation by central banks around the world.
The move of major central banks to lower interest rates is another factor supporting gold prices. When interest rates are lower, the opportunity cost of holding gold goes down (gold does not return cash), which makes it attractive. Moreover, the continued geopolitical face-offs and economic woes are pushing investors to place their bet on gold as a safe option.
Experts recommend keeping an eye on the speed of growth before may hit 90k/10gm in 2025. Some analysts believe that the pace of growth is likely to moderate as markets adapt to the global environment. However, their outlook for gold remains positive after its historical performance during times of crisis.
Among Indian Investors, Gold is still an all-time Favourite asset for diversification and wealth preservation. Prices are projected to climb further, which may prove attractive for both long-term and short-term investors.
Gold has been an asset to hold when equities are down for many years, and the current record run shows no sign of stopping. At the top of 2025, the metal continues to be the talk of the town in the realm of business news.