img

Gold Price In 2025 Prediction: As a safe investment, the price of gold will continue to break records in the new year and it can reach Rs 85,000 per 10 grams. Amid geopolitical tensions and global economic uncertainties, it can also reach the level of Rs 90,000 in the domestic market. A soft stance in monetary policy and purchases by central banks will also increase its prices. However, when the geopolitical crisis subsides, the fall in the rupee will stop, which may also soften the price of gold. At present, the price of gold in the spot market is running at Rs 79,350 per 10 grams and in futures trading on the Multi Commodity Exchange (MCX), it is running at Rs 76,600 per 10 grams.

all-time high of Rs 82,400

The price of gold reached an all-time high of Rs 82,400 per 10 grams on October 30 this year. Silver was also not far behind and it crossed the level of Rs 1 lakh per kg. Globally, Comex gold futures started the year at around $2,062 an ounce and reached a high of $2,790 an ounce on October 31.

Gold will make a record in 2025 too

Experts believe that due to geopolitical tensions, central bank purchases and the tendency of major central banks to reduce interest rates, the price of gold will continue to make records even in 2025.

Jatin Trivedi, Vice President Research Analyst (Commodities & Currencies), LKP Securities, said the outlook for gold in 2025 remains positive, although the pace of growth may be slower compared to 2024.

How far will the silver go?

Trivedi said, "Gold prices are expected to reach Rs 85,000 domestically, while in the best case scenario it can reach Rs 90,000. If the geopolitical tensions continue or increase, silver prices may rise marginally to Rs 1.1 lakh or even Rs 1.25 lakh."

Interest rate cycle is also important

Trivedi said the interest rate cycle is also important as the global shift towards lower interest rates will bring cash into the markets and weaken the US dollar, which will boost gold prices. However, according to Gnanasekar Thyagarajan, co-founder and CEO of Comtrendz Research, gold prices are struggling to maintain momentum.

He said, "Market participants are now keeping in mind the actions of US President-elect Donald Trump regarding tariffs, economic policies and their possible impact on the Fed's order to bring inflation to two percent..."

Will there be a fall in gold

Thyagarajan said the forecast for gold is bearish in the first half of 2025 and it is expected to fall to USD 2,455 (MCX: 73,000-73,500).

Consumption increased by 17 percent

Rahul Kalantri, Vice President, Commodities, Mehta Equities Limited, said, "Gold jewellery consumption will grow by 17 per cent in 2024, mainly due to fluctuations in gold prices as well as festive and wedding-related demand. Apart from this, the announcement of a sharp reduction of 900 basis points in import duty in the Union Budget of July 2024 has boosted the demand for jewellery, bars and coins.''

--Advertisement--