Prime Highlights:
- Gold price in India surpassed ₹1,00,000 for 10 grams with a solid upward trend.
- The reason is economic instability around the world and demand for safe-haven assets has gained momentum.
Key Facts:
- 24-karat gold is currently trading higher than ₹1,00,000 per 10 grams in India in April 2025.
- A strong surge has been caused primarily due to geopolitical uncertainty, economic uncertainty, and a weakening dollar.
Key Background:
In April 2025, the rates of gold in India witnessed an all-time new high surge and touched above the ₹1,00,000 mark per 10 grams for the first time ever in the world’s history. This kind of rush in gold price is because of a combination of global economic tensions and increased demand for gold as a safe haven. Since there is growing geopolitical tension, particularly in certain regions of Eastern Europe and Asia, and since economic uncertainty worldwide persists, investors are using gold to protect their capital from the vagaries of market volatilities.
Dollar depreciation also forms the basis for the appreciation of the value of gold because the metal becomes more attractive on the global markets. Gold has historically done well in periods of currency devaluation or inflation and, therefore, has been seen by many as a refuge in this period of uncertainty. Analysts predict that gold’s role as an inflation and economic upheaval hedge will be the reason behind the rising price over the near and medium term.
Also, this gold price surge is impacting India’s consumer sentiment. Although gold has always been viewed as an investment for the long term and a symbol of prosperity, higher prices could keep some consumers from buying new, especially in retail. Jewellers and consumers are getting used to the new pricing environment, something that could permanently alter India’s gold market, one of the world’s biggest buyers of the precious metal.
Lastly, the shattering of ₹1,00,000 per 10 grams is not just a landmark but also a reflection of the overall trend of the economy. Investors and buyers are watching these events with wonder, and the future trend of gold prices will depend on the resolution of global economic problems and geopolitical tensions.