Gold At All Time High When Will It Touch Rs 2 Lakh At Current Rate
(Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to ET Prime and read the ET ePaper online. Gold rate today in India: On account of elevated global uncertainty and demand for an anchor hedge, gold price extended its rally on Friday and touched a new peak of ₹1,40,465 per 10 gm... However, after the end of the Friday session, the MCX gold rate finished at ₹1,39,940 per 10 gm. According to the information available on the bullions.co.in website, the 24-carat gold rate today in Delhi is ₹1,39,790 per 10 grams, which means jewellers in Delhi are offering a premium of ₹150 per 10... However, the 22-carat gold rate today in Delhi is priced at ₹1,28,141 per 10 gm.
In the international market, the COMEX gold price also climbed to a new peak of $4,584 per troy ounce, logging a nearly 75% rise against the 52-week low of $2,608.40 per ounce. Market experts believe gold rate today on MCX is above the technical breakout levels placed at ₹1,39,000. The precious yellow metal price is poised to touch ₹1,45,000 soon, provided the existing triggers remain in place. Experts said that MCX gold rates are expected to reach ₹1,50,000 once they break above ₹1,45,000 on a closing basis. However, they also expected some profit-booking at ₹1,45,000 levels before a fresh upside movement. Speaking on the triggers that are fueling gold rates today, Ponmudi R, CEO of Enrich Money, said, "Gold continues to serve as the anchor hedge amid elevated global uncertainty, while silver is increasingly emerging...
Currency stability and global risk flows are expected to remain key drivers across asset classes in the coming weeks." “COMEX Gold price continues to trade near all-time highs (Feb 2026 contract), with the multi-year breakout structure firmly intact. The broader trend remains decisively bullish, supported by persistent safe-haven demand, heightened geopolitical risks, aggressive central-bank accumulation, and expectations of further global monetary easing. Despite minor consolidation, price resilience remains strong, with dips consistently absorbed by buyers. A sustained hold above $4,500 keeps the upside open towards $4,600 to $4,650 in the near term. Key support is well defined in the $4,400–4,450 zone, which has repeatedly held during the advance.”
Gold rates in India skyrocketed to hit new historic highs on December 22. 10 grams gold in 24 carat has crossed Rs 1.36 lakh, while the price soared above Rs 1.02 lakh in 18 carat and neared Rs 1.25 lakh in 22 carat. Gold has surged by over 4.3% in December eventually. Meanwhile, silver rate in India also hit new lifetime high and neared Rs 2.20 lakh per 1Kg level. In the coming days, the year-end enthusiasm and new year cheer along with Christmas celebration will play a key role for gold demand due to holiday season. However, the question is whether gold and silver could hit beyond their current record levels before the big Christmas celebration?
10 grams gold price zoomed by Rs 1,970 in 24 carat to Rs 1,36,150, while the price advanced by Rs 1,800 to Rs 1,24,800 in 22 carat. Further, 10 grams gold soared by Rs 1,470 to Rs 1,02,100 in 18 carat during the evening of December 22. This is the new lifetime highs. Meanwhile, 100 grams gold climbed by Rs 19,700 to Rs 13,61,500 in 24 carat, surged by Rs 18,000 to Rs 12,48,000 in 22 carat, and rose by Rs 14,700 to Rs 10,21,100 in 18... The cheapest gold price stood at Rs 13,615 per gram for 24 karat gold, Rs 12,480 per gram for 22 karat gold and at Rs 10,211 per gram for 18 karat gold (also called... Just like gold, silver also glittered better than ever.
1Kg silver price soared by Rs 5,000 to Rs 2,19,000, which is a new all-time high. Meanwhile, 100 grams and 10 grams silver stood at Rs 21,900 and Rs 2,190 respectively. Gold prices have been displaying an upward trend and have soared to a record high of Rs 90,000 on Friday, backed by strong demand and favorable global trends. Investors are now keen to know when gold will breach the Rs 2 lakh mark. Assuming that the yellow metal has a growth rate of 11.2%, the time it will take for gold to reach Rs 2 lakh can be estimated. Using the Rule of 72, which is a formula used for estimating the doubling time of an investment, the time frame for the same can be calculated.
Dividing 72 by the growth rate of 11.2% gives an approximate time frame of 6.43 years for gold to double and reach Rs 1.8 lakh. So the safe-haven asset will touch Rs 1.8 lakh by 2031 and Rs 2 lakh by 2033. According to an ICICI Bank Global markets report, gold prices could in all likelihood touch Rs 87,000 to Rs 90,000 per 10 grams in the first half of 2025, given the current environment of... According to the report, moving forward, "local gold prices are expected to trade with an upside bias in the Rs 87,000 per ten grams to Rs 90,000 per ten grams range in 1H2025 and... Gold at Rs 2 lakh mark? When?
Experts predict ?(iStock) Get the latest Business News, Stock Markets, IPO Companies News, Breaking News Events on ET Now. Watch all the big and small Share Market News on ET Now Live TV. Dividend alert! CAMS sets record date for cash reward; board meeting schedule out - Check Q3 results FY 2026 update HDFC AMC vs ICICI Prudential AMC: BUY, HOLD or WAIT?
Analysts share fundamental, technical views Stock split share: Turn your 100 shares into 500 if you own this stock - Check record date and key details Gold has long been revered by Indian households for its ability to deliver impressive returns, outshining many other investment options. As gold prices soar to new heights, investors ponder when the precious metal will reach the coveted Rs 1 lakh or even Rs 2 lakh mark. Delving into historical data on gold movements offers insights into this speculation and guidance for investors. Over the past nine years, gold prices have nearly tripled, starting from Rs 24,740 in 2015.
A similar pattern was observed in the preceding nine-year period, where prices tripled from Rs 8,250 in 2006. Taking a broader view, it took roughly 19 years for gold prices to triple from Rs 2,570 per 10 grams in 1987, with preceding tripling cycles spanning approximately eight and six years, according to... Sovereign Gold Bonds Investors Alert: RBI Fixes Premature Redemption Price, Check Here According to The Times of India report, analysts anticipate that if this tripling trend persists, gold could surpass the Rs 2 lakh per 10 grams milestone. However, the timeframe for reaching this level remains uncertain. Jateen Trivedi, VP Research Analyst at LKP Securities, suggests that given recent trends, gold prices might hit Rs 2 lakh within the next 7-12 years.
Others, like Surendra Mehta, National Secretary of the India Bullion and Jewellers Association, express even greater optimism, foreseeing gold prices tripling within the next six years. Mehta cites escalating geopolitical tensions and de-dollarization as potential catalysts for this surge. Gold prices rose to a fresh lifetime high of Rs 1,38,200 per 10 grams, gaining Rs 1,685, in New Delhi on Monday following the precious metal scaling record highs in the global markets, according... Silver prices also raced to hit an all-time high of Rs 2,14,500 per kilogramme (inclusive of all taxes) in the capital, up by Rs 10,400 per kg. "Bullish momentum extended in bullion, with gold and silver surging to another fresh record high on Monday," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said. In the international markets, spot gold increased by $80.85 or 1.86% to hit a record of $4,420.35 per ounce.
"Investor interest in silver and gold has grown considerably as interest rates are going down in the US, fiscal concerns are growing, and the American economy is becoming more uncertain," Gandhi said. The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking... With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.Read... 8 unique study breaks that help you learn better and focus more 8 unique strategies to learn to speak English fluently
8 Revision Tips to Cover More in Less Time for Board Exams 8 interesting tricks to master grammar rules effortlessly
People Also Search
- Why gold price is increasing; will rate of 10 gm gold reach Rs 2 lakh ...
- Gold rate today in India is at a fresh high. Will it hit ₹1.50 lakh in ...
- Gold Rates In India At New Majestic Highs; Will Gold Hit Rs 1.40 Lakh ...
- Gold At All Time High: When Will It Touch Rs 2 Lakh At Current Rate?
- Gold price to touch Rs 2lakh/10 gm? What Jefferies' Chris Wood said - MSN
- Gold and silver prices surge to reach new record highs—Check latest ...
- Gold at Rs 2 lakh mark? When? Experts predict - ET NOW
- Is Gold Price Set To Reach Rs 2 Lakh Soon? Here's What Experts ...
- Gold Jumps To Record High Of Rs 1.38 Lakh, Silver Hits New Peak
- When will gold prices hit Rs 2 lakh mark? Here's what experts say
(Catch All The Personal Finance News, Breaking News, Budget 2025
(Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to ET Prime and read the ET ePaper online. Gold rate today in India: On account of elevated global uncertainty and demand for an anchor hedge, gold price extended its rally on Friday and touched a new peak of ₹1,40,465 per 10 gm... However, after the end of the Friday s...
In The International Market, The COMEX Gold Price Also Climbed
In the international market, the COMEX gold price also climbed to a new peak of $4,584 per troy ounce, logging a nearly 75% rise against the 52-week low of $2,608.40 per ounce. Market experts believe gold rate today on MCX is above the technical breakout levels placed at ₹1,39,000. The precious yellow metal price is poised to touch ₹1,45,000 soon, provided the existing triggers remain in place. Ex...
Currency Stability And Global Risk Flows Are Expected To Remain
Currency stability and global risk flows are expected to remain key drivers across asset classes in the coming weeks." “COMEX Gold price continues to trade near all-time highs (Feb 2026 contract), with the multi-year breakout structure firmly intact. The broader trend remains decisively bullish, supported by persistent safe-haven demand, heightened geopolitical risks, aggressive central-bank accum...
Gold Rates In India Skyrocketed To Hit New Historic Highs
Gold rates in India skyrocketed to hit new historic highs on December 22. 10 grams gold in 24 carat has crossed Rs 1.36 lakh, while the price soared above Rs 1.02 lakh in 18 carat and neared Rs 1.25 lakh in 22 carat. Gold has surged by over 4.3% in December eventually. Meanwhile, silver rate in India also hit new lifetime high and neared Rs 2.20 lakh per 1Kg level. In the coming days, the year-end...
10 Grams Gold Price Zoomed By Rs 1,970 In 24
10 grams gold price zoomed by Rs 1,970 in 24 carat to Rs 1,36,150, while the price advanced by Rs 1,800 to Rs 1,24,800 in 22 carat. Further, 10 grams gold soared by Rs 1,470 to Rs 1,02,100 in 18 carat during the evening of December 22. This is the new lifetime highs. Meanwhile, 100 grams gold climbed by Rs 19,700 to Rs 13,61,500 in 24 carat, surged by Rs 18,000 to Rs 12,48,000 in 22 carat, and ros...