Will the price of 10 grams of gold go up to 1 lakh? Read the opinion of experts

Gold Prices: Gold prices in India are touching the sky. Due to the tariff policy of US President Donald Trump, people are looking for gold in search of safe investment. Meanwhile, the price of 10 grams 24 carat gold has crossed the level of Rs 93,000. Gold prices are increasing due to the state of geopolitical uncertainty arising due to the trade war between the US and China, the central bank’s gold procurement and the expectations of cutting interest rates. Amidst these, now the question is coming in the minds of people whether the price of 10 grams of gold will reach 1 lakh rupees in 2025?

According to BusinessTude report, Ryan McInight, senior portfolio manager of Sprot Asset Management, says that gold is being strengthened due to the purchase of gold and especially US President Donald Trump due to the aggressive tariff policy of US President Donald Trump.

Gold prices have increased in all categories in India-

• 24 carat gold: Rs 93,390 per 10 grams
• 22 carat gold: Rs 85,610 per 10 grams
• 18 carat gold: Rs 70,050 per 10 grams

Globally spot gold priceFor the first time, it has reached $ 3,200 an ounce, while American gold futures have reached even more than $ 3,237.50 an ounce. In 2025 alone, gold has gone to the level of all -time high 20 times, which shows a strong global demand amidst the possibility of inflation, dollar weakness and changes in the central bank policy.

Will gold reach 1 lakh?

Colin Shah, MD of Cama Jewelery, believes that there is every possibility. He told The Hindu Businessline that in 2025, the US Fed is expected to cut interest rates twice, due to which gold can reach 1 lakh per 10 grams. Colin Shah says that in this environment of uncertainty, people are investing fiercely in gold.

At the same time, Kishore Narne, Commodity Head of Motilal Oswal, believes that its prices can also go from $ 4,000 to 4,500 an ounce. Whereas, CEO Chintan Mehta of Absse Financial Services believes that the price of gold is less likely to reach Rs 1 lakh, as most positive factors for this have already been seen in the market and now it is not likely to increase further. Meanwhile, Morningstar’s strategist John Mills has taken even more alert stance. He said that it has come down to $ 1,820 an ounce with a steep fall in gold prices, which means that the current levels may fall by 38-40 %.

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