Can Gold Cross Rs 1 Lakh in 2025?
Can Gold Cross Rs 1 Lakh in 2025?
Blog Article
Global economic slowdown
- The world economy is facing challenges such as high inflation, rising death, and slow growth. When the economy struggles, people invest in gold as a safe haven, pushing prices up. If these problems continue in 2025, gold prices may increase further.
Interest rate policies
- Central banks, like the US federal bank, play a major role in gold prices. If they lower interest rates, investor may move their money from banks to gold, driving prices higher. If interest rates remain high, gold prices may not rise as fast.
India’s gold demand
- India is one of the largest consumers of gold. Wedding and festival seasons create strong demand. If demand remains high in 2025, prices will likely increase. However, if people shift to Digital gold or other investments, the Impact may be limited.
Rupee versus dollar exchange rate
- Since India imports gold, the price depends on the rupee-dollar exchange rate. If the rupee weakens further, gold prices in India will rise.