Gold prices experienced a historic rally in 2025, climbing to Rs 1,00,000 per 10 grams in just 74 days.
The surge is attributed to macroeconomic pressures, geopolitical tensions, and a sharp depreciation of the Indian Rupee.
Heightened tensions between Israel and Iran, the conflict between Russia and Ukraine, and central bank gold reserves have fueled safe-haven demand.
Factors like fears around global conflicts, tariff wars, and de-dollarisation intensified buying.
International gold prices remain below $3,500, with caution advised against new purchases at current levels.
Experts predict a potential correction if geopolitical tensions ease and the dollar strengthens, with a price range forecast for gold between Rs 90,000 and Rs 1,08,000.
Factors supporting gold prices include persistent dollar weakness, growing investment demand, and anticipation of U.S. Federal Reserve interest rate cuts.
Gold is seen as a hedge against escalating global uncertainties.
Anuj Gupta highlights factors that could continue to support gold prices.
Experts suggest caution and monitor geopolitical and economic factors impacting gold's price trajectory.