<ul><li>Gold prices have surged by ₹11,983 per 10 grams in the last month to reach ₹91,115.</li><li>The rally in gold prices is driven by a firm trend in the global market where it has crossed $3,100 per ounce due to investors seeking safe-haven assets.</li><li>The US tariff threats by President Donald Trump have significantly impacted India's gold jewelry industry as the US is its largest export market.</li><li>Various factors such as rate cuts by the Fed, increased demand during times of economic uncertainty, and consistent buying of gold by central banks may propel gold prices to reach ₹1 lakh per 10 grams this year.</li></ul>

Trump tariffs fuel gold surge toward ₹1 lakh

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