Gold prices have risen 50% this year, hitting record highs 35 times. Will prices rise further? Learn what experts say.
- bySherya
- 18 Oct, 2025

Gold Price Predictions: Gold prices are projected to rise by more than 50% in 2025, surpassing $4,000 per ounce. It has reached record highs 35 times so far.

Gold Price Predictions 2025: Continued buying by global central banks, geopolitical tensions, and strong Asian demand are driving gold prices higher in overseas markets. It is estimated that gold could reach $4,500 per ounce in the near future. According to a report by Motilal Oswal Financial Services Limited (MOFSL), silver has outperformed gold so far this year. Silver prices are projected to reach $75 per ounce due to industrial demand and increasing supply shortages.
How much more will gold rise?
Gold prices surged more than 50% in 2025, surpassing the $4,000 per ounce mark. It has reached record highs 35 times so far. This rally has been driven by global economic uncertainty, potential interest rate cuts by the US Federal Reserve, and heavy buying by central banks.
Manav Modi, commodity and currency analyst at MOFSL, said that gold's spectacular rally reflects a confluence of fiscal uncertainty, a weak dollar, and strategic diversification by central banks. Asia is becoming the epicenter of this new monetary shift. According to the report, gold prices in India recently reached ₹1.20 lakh per 10 grams and could reach ₹1.35 lakh per 10 grams in the coming months. Silver prices, which have risen more than 60% so far this year, are projected to reach ₹2.3 lakh per kilogram.
What did the experts say?
Navneet Damani, Head of Commodity and Currency Research at MOFSL, says that central banks' diversification is redefining the bullion market. Now, institutional demand and sovereign accumulation are aligned with long-term price appreciation. Manav Modi and Navneet Damani say that gold prices have surpassed $4,000 per ounce on COMEX and Rs 120,000 per 10 grams in the domestic market.
He said that although there may be occasional corrections, if gold remains at its all-time high, its price can reach $4,500 per ounce on Comex and Rs 1.35 lakh per 10 grams in the domestic market, provided the dollar-rupee exchange rate remains at 89.