University of Kwazulu-Natal

Gold Price Prediction Rates To Touch Rs 2 Lakh Per 10 Grams

Bonisiwe Shabane
-
gold price prediction rates to touch rs 2 lakh per 10 grams

(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 Price Prediction: According to Chirag Sheth, Principal Consultant-South Asia at Metals Focus Ltd, the gold market is experiencing an unprecedented surge, surprising even to the seasoned analysts. 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. Bank Holiday Saturday: Are lenders open or closed today?

Check state-wise update for Dec 27 What’s ahead for Gold, Silver and Copper in 2026? Experts reveal what to expect Major EPFO reforms! Offices to be built like Passport Seva Kendras, targeting coverage of 100 crore people | Everything EXPLAINED 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... by Trade Brains | September 29, 2025 6:35 pm Synopsis- Gold prices in India have hit a new lifetime high with 24-carat gold approaching ₹1,17,500 per 10 grams driven by a combined influence of domestic and global economic factors. Gold has always been a reliable investment worldwide, especially in India, where cultural and financial factors keep demand strong. As of September 2025, gold prices in India have hit record highs, with 24-carat gold near ₹117,500 per 10 grams. This surge is driven by strong local buying and global economic trends, creating momentum that looks set to continue in the near future.

People still flock to gold when the economy starts looking shaky. It’s that reliable fallback, like an old friend you trust in tough times. Truth is, with all the buzz about a global slowdown and geopolitical headaches, investors keep seeking refuge in gold and put their money into gold ETFs and futures. That steady demand just won’t quit. India’s local buying habits back up this upbeat view pretty solidly. Government policy like the GST changes is boosting gold sales quite a bit.

They’re also clearing up the market, making it more straightforward and smoother. Also read: Top 5 Indian States That Recorded the Highest Digital Transactions in August 2025 Picture this: You’re scrolling through the news one morning, sipping your chai, and bam – another headline about gold prices hitting a new high. It’s been quite the ride lately, hasn’t it? As of mid-December 2025, 24-karat gold is hovering around Rs 1,34,000 to Rs 1,35,000 per 10 grams in major Indian cities. That’s a far cry from just a few years ago when it was under Rs 50,000.

With weddings around the corner and festivals lighting up the calendar, everyone’s asking the same burning question: Can gold prices cross Rs 2,00,000 per 10gm in 2026? It’s a bold thought, right? Gold has always been more than just a shiny metal in India – it’s family heirlooms, wedding dreams, and a safety net during tough times. But crossing that Rs 2 lakh mark? That would be historic. In this article, we’ll break it down step by step, looking at where we’ve been, what’s happening now, and what experts are saying about the future.

We’ll keep it real, no hype, just straightforward insights to help you make sense of it all. Gold prices don’t just jump overnight; they’ve been climbing steadily, with some dramatic leaps along the way. Let’s take a quick stroll down memory lane to see how we got here. Back in 2020, amid the chaos of the pandemic, the average gold price in India shot up to around Rs 48,651 per 10 grams. Uncertainty was everywhere, and people flocked to gold as a safe haven. Fast forward to 2021-2022, things cooled a bit as economies reopened, but then geopolitical tensions – think Russia-Ukraine – kicked in, pushing prices higher again.

By 2023 and 2024, inflation worries and a fluctuating rupee kept the momentum going. And 2025? Wow, what a year! Gold price has smashed records repeatedly, driven by global uncertainties, central bank buying sprees, and investor frenzy. We’ve seen it surge past Rs 1,30,000, with peaks touching close to Rs 1,35,000 per 10 grams. That’s over a 60% jump in some global measures this year alone.

People Also Search

(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 Price Prediction: According to Chirag Sheth, Principal Consultant-South Asia at Metals Focus Ltd, the gold market is experiencing an unprecedented surge, surprising even to the seasoned analysts. Get the latest Business Ne...

Check State-wise Update For Dec 27 What’s Ahead For Gold,

Check state-wise update for Dec 27 What’s ahead for Gold, Silver and Copper in 2026? Experts reveal what to expect Major EPFO reforms! Offices to be built like Passport Seva Kendras, targeting coverage of 100 crore people | Everything EXPLAINED 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 tren...

Investors Are Now Keen To Know When Gold Will Breach

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 approxi...

According To The Report, Moving Forward, "local Gold Prices Are

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... by Trade Brains | September 29, 2025 6:35 pm Synopsis- Gold prices in India have hit a new lifetime high with 24-carat gold approaching ₹1,17,500 per 10 grams driven by a combined influence of domestic and global econ...

People Still Flock To Gold When The Economy Starts Looking

People still flock to gold when the economy starts looking shaky. It’s that reliable fallback, like an old friend you trust in tough times. Truth is, with all the buzz about a global slowdown and geopolitical headaches, investors keep seeking refuge in gold and put their money into gold ETFs and futures. That steady demand just won’t quit. India’s local buying habits back up this upbeat view prett...