Stock market has been witnessing continuous fluctuations in the financial year 2025. Even giant companies could not maintain their position in this decline. Most investors' portfolios went into the red. However, on the other hand, the price of gold is setting new records every day. In terms of returns, gold seems to have surpassed even mutual funds. On an annual basis, gold has given a return of about 25 percent. The price of the precious metal in the domestic market is moving towards Rs 1 lakh per 10 grams. Will the price of gold increase or decrease in the future? Let's find out.
Gold price at record-breaking high
Looking at the increase in gold prices, last week, gold had reached its highest level ever on the Multi Commodity Exchange (MCX). The price of gold with expiry on June 5 had reached Rs 95,935 per 10 grams. Gold has become expensive by Rs 5,000 in April alone. On April 1, the price of 10 grams of gold on MCX was Rs 90,875. So at the beginning of 2025, it was trading around Rs 78,000.
Will gold cross the lakh mark?
Gold is also continuously reaching new heights in the domestic market, last week the price of 10 grams of gold crossed Rs 98,000 in the bullion market of Delhi. If this pace of increase in gold prices continues, soon the price of 10 grams of gold may cross Rs 1 lakh.
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Gold price in the domestic market
According to the website of Indian Bullion Jewelers Association IBJA.com, there has been a huge increase in the price of gold in the domestic market. 24 carat gold of 999 purity reached Rs 94,910 per 10 grams, while the price of 22 carat gold reached Rs 92,630 per 10 grams and the price of 20 carat gold reached Rs 84,470 per 10 grams. The rate of 18 carat gold in the domestic market is Rs 76,880 per 10 grams. The Indian Bullion Jewelers Association provides information on gold and silver prices daily. Here you have been told the prices of gold and silver without taxes and duties. The prices issued by IBJA are the same across the country. If you buy or make gold or silver, you will have to pay GST and making charges separately on the making charges.
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Why is gold eating prices?
Why are gold prices rising so fast? This question must have crossed your mind. In times of any uncertainty or geopolitical risk, trade tensions or disasters, gold is considered the safest option for investment. Even now, a trade war has erupted between the US and China due to Trump tariffs. Apart from this, there is chaos in the stock markets around the world. Concerns about inflation have increased. The US dollar is also continuously falling after reaching its peak. The result is being seen in the form of an increase in the price of gold.