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Gold prices in India touched a record high on Tuesday, touching the Rs 1 lakh mark.
These memes are free and funny. (Photo Credit: X)
Gold prices have once again surged in India, touching the Rs 1 lakh mark per 10 grams on Tuesday, April 22. Amid the sharp rally in global markets, gold prices across Indian cities have witnessed a significant spike, with GST additions already taking the rates to over Rs 1 lakh in the retail market. With the gold rates reaching a record high, it has also sent the internet on a field day, with related memes taking over social media platforms. In reaction to the unstoppable growth in prices, many shared hilarious jokes and memes, taking a jab at the market conditions.
A user shared an epic scene from a Shakti Kapoor film, showing him predicting gold prices, and joked, “Shakti Kapoor is the best stock market analyst. Predicted gold to hit 1 lakh decades back.”
Another one joked about how Indian parents are asking their children to delete their biodata from matrimonial sites after gold prices hit Rs 1 lakh.
gold hits ₹1 lakh indian parents: silently delete your biodata from shaadi dot com
– Anaida (@anaidasultana) April 22, 2025
A post shared a reaction video, referring to those who bought their gold in the 60s for minimal expenses.
One joked over a hilarious dialogue, quipping, “I mean, it’s one gold, Michael. What could it cost? 3400 dollars?”
Take a look at some other memes:
Resharing an epic scene from Netflix’s Sacred Games, featuring Nawazuddin Siddiqui, the meme referred to gold prices being on the moon.
Despite the light-hearted take on the rising gold prices, it has equally given a major nightmare to many middle-class families, prompting them to toil extra to build on the precious metal assets, which are considered significant for Indian weddings and events. A symbol of wealth, gold holds major cultural significance in India. While many Indians find the yellow metal a secure asset that can overcome financial challenges during challenging times, others see it as a hedge for investments.
Why Is Gold Price Increasing?
Amid the weakening US dollar, the gold prices remain on the rise. Also, the ongoing trade conflict between the US and China has weighed on market fluctuations, further driving prices even more. Speaking of which, the Multi Commodity Exchange hit a new peak of Rs 99,178 per 10 grams on Tuesday morning.
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