Big developments are shaking up the gold market, and if you're planning to buy or sell gold anytime soon, you need to know this first—or you might end up regretting your decision.
Goldman Sachs Predicts Historic Surge
Global investment giant Goldman Sachs has raised its forecast for gold prices for the third time this year. The firm now estimates that gold could soar to $4,500 per ounce internationally by the end of 2025, up from the current $3,247 per ounce.
What does that mean for India? If this prediction holds true, the price of gold in India could hit ₹1.30 lakh per 10 grams, a record-breaking high.
Why Are Prices Rising?
The key factor behind this potential price explosion is the intensifying US-China tariff war, which is fueling global economic uncertainty. In such situations, investors tend to shift their money to safe assets like gold, causing demand—and prices—to rise.
Even if global tensions ease, Goldman Sachs predicts a more conservative but still significant price of $3,700 per ounce, which would still push gold prices upward in India.
A Look at the Numbers
- Current gold price in India: ₹95,500 per 10 grams (24 carat)
- Gold price last week: Rose by 6.5%
- Forecasted future price: Could hit ₹1.30 lakh per 10 grams
With the wedding season starting April 14, gold demand is already on the rise, giving further momentum to prices.
What Should You Do?
Many investors were previously expecting a dip in gold prices, thinking the worst was over. But the recent upward trend has flipped the narrative. With prices now breaching ₹95,000, it’s clear that the metal is once again gaining speed—and could soon cross the ₹1 lakh mark.
Bottom Line:
If you’re thinking of selling gold now in hopes of a dip, you might be selling too soon. And if you’re waiting to buy later expecting a drop, that opportunity may not come.
