New Delhi
The price of gold reached the new record height. In the last 12 months, the price of gold has reached 50 times on all time high. This is the longest phase of boom in the last 12 years. It is also the third longest phase of boom in gold history. Earlier in the 1970s, the price of gold rose for several months due to inflation, stagnation in economic development and unemployment. During that time, the price of gold had increased for four consecutive years. This time the price of gold has risen 39 percent in the last one year and 16 percent this year. It is moving towards positive performance for the third consecutive year.
There are many reasons for the rise in the price of gold. People are afraid that the business war in the world may be deepened by the US President Donald Trump’s new tariffs. This is the reason why investors are investing money in it as safe. Gold has always been seen as a defense against economic and political instability. When the interest rates are low, the price of gold starts increasing. Experts say that the demand for gold is increasing due to increasing concerns over constant uncertainty. This means that people are buying gold because they feel that something is going to happen in the world.
How far can the price go
ICICI Bank Global Markets According to a report by, in the second quarter of 2025, the price of gold can go up to Rs 96,000 per 10 grams. Globally, the price of gold can go from $ 3,200 to $ 3,400 an ounce by December. In the bullion market of the national capital Delhi, the price of gold reached a new height of Rs 92,150 per 10 grams. In the last trading session, gold with 99.9 percent purity closed at Rs 91,050 per 10 grams. Silver prices rose by Rs 1,300 and it reached a record high level of Rs 1,03,000 per kg against the closed level of Rs 1,01,700 per kg.
