Will the rapidly rising price of gold surpass ₹2 lakh in the next five years? Should you buy or sell?

Gold : If we look at the reasons behind the recent rise in gold prices, factors like the Covid-19 pandemic, the Russia-Ukraine war, geopolitical tensions, and US global tariffs have been prominent.

Gold Price In Next Five Years: Gold prices have surged sharply in recent days, reaching record levels. Several factors, including geopolitical tensions, economic uncertainty, and the Trump administration's high tariffs, have contributed to this. All of these factors have made gold, considered a safe investment, increasingly popular among investors.

Exactly five years ago, on September 19, 2020, the price of 24-carat gold on the MCX was ₹51,610 per 10 grams, which has now risen to over ₹1,10,000. A year ago, it was trading at ₹72,874. Thus, the price of gold has increased by nearly 50 percent in the past year and a whopping 112 percent in the past five years.

Where will gold reach in the next 5 years?

The steadily rising price of gold has raised a significant question for investors: whether this is the right time to sell or invest more. Many investors are taking advantage of the current price to book profits, while others are still looking for the right opportunity to invest. Experts believe that investors should reassess their portfolios and focus on future strategies at this time.

 

The reasons behind gold's recent surge include the COVID-19 pandemic, the Russia-Ukraine war, geopolitical tensions, and US global tariffs. Furthermore, the equity market did not deliver significant returns last year. The Nifty 50's returns were almost negligible, leading investors to prioritize gold. This is why, according to Value Research data as of September 21, 2025, gold ETFs generated returns of approximately 47 percent for investors last year.

Why did the demand for gold increase?  

Experts say that gold prices in the coming years will be determined by several global factors, including gold supply, global debt levels, reserve management in countries like China and India, and war-like situations. All of these could further increase gold demand. Some experts estimate that gold could reach ₹1.20 lakh per 10 grams within the next year, while it could reach ₹1.70 lakh per 10 grams within the next five years. Therefore, the question arises whether gold will reach ₹2 lakh in the future.