Is 24K Gold Going to Reach ₹1 Lakh? The Scandalous Reasons Prices Are Rising Fast
Gold has always been a popular and safe investment in India. These days, the price of 24K gold is above ₹97,000 per 10 grams, and it looks like it could soon reach ₹1,00,000.
But why is the price going up so fast? Should you buy or sell gold now? Let’s understand everything in simple terms.
Gold Prices Are Rising Quickly
Just a few months ago, gold was around ₹93,000 for 10 grams. Now it’s already over ₹97,000 — and experts believe it can cross ₹1 lakh very soon.
This rise is not just happening in India but around the world. Many people are putting their money into gold, which is pushing the price even higher.
Is 24K Gold Going to Reach ₹1 Lakh? The Scandalous Reasons Prices Are Rising Fast
Why Are Gold Prices Increasing?
Here are the main reasons why gold is getting more expensive:
- America’s New Import Taxes (Tariffs)
The US has put new import taxes on products from China. This is making global markets unstable.
When such things happen, investors get scared and move their money into gold, which is seen as a “safe” place. This increases demand and pushes the price up.
- The US Dollar is Getting Weaker
When the value of the US Dollar goes down, gold becomes more attractive to buy. Recently, the dollar has become weaker, and that’s another reason why gold prices are rising.
- War and Global Problems
Ongoing problems like the Russia-Ukraine war and tensions in the Middle East are making the world economy unstable.
Whenever there is a war or global tension, people prefer to invest in gold, because it keeps its value even during tough times.
- High Demand in India
India is one of the top gold-buying countries. Right now, the wedding and festival season is going on, so demand for gold is very high.
More people buying gold means the price goes up.
- Central Banks Are Buying Gold
Central banks (like RBI in India or banks in China) are buying gold to make their reserves stronger.
When big buyers purchase large amounts of gold, it affects the price worldwide.
Will Gold Really Reach ₹1 Lakh?
Yes, it’s very likely. At the current pace, gold may hit ₹1,00,000 per 10 grams in the next few months — especially if world problems continue and the US dollar gets weaker.
Experts say it’s no longer a matter of if, but when gold will cross the ₹1 lakh mark.
What Should You Do as an Investor?
Here are some simple tips if you’re thinking about gold:
Already have gold?
Good! You’re already making a profit. You can hold it longer or sell part of it to take some profit.
Want to buy now?
Think carefully. Prices are already high. Instead of physical gold, try Gold ETFs, Sovereign Gold Bonds (SGBs), or Digital Gold — they are safer and easier to manage.
Don’t put all your money in gold
Always balance your investments. Combine gold with stocks, mutual funds, or other options to reduce risk.
Gold Price Trend in the Last Few Years
Here’s a quick look at how gold prices have gone up over the years:
| Year | Avg. Price (24K/10g) | % Change |
| 2021 | ₹48,000 | +3% |
| 2022 | ₹51,500 | +7% |
| 2023 | ₹59,200 | +15% |
| 2024 | ₹89,000 | +50% |
| 2025 | ₹97,000+ | +9% (so far) |
As you can see, gold is growing steadily and has done very well, especially when the economy is uncertain.
With all the current global problems, gold is becoming more valuable every day. Experts believe that ₹1,00,000 per 10 grams is coming soon.
If you already have gold, you’re in a good spot. If you want to invest now, do it smartly — and not in a hurry.
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