June 2025 | India:
In a historic moment for the precious metals market, gold prices in India have crossed the ₹1,00,000 mark per 10 grams for the very first time. The sharp rise reflects a combination of global economic uncertainty, strong investor demand, and a weak Indian rupee — pushing the yellow metal to record-breaking highs.
As of Friday morning, the average retail price of 24-carat gold in major Indian cities stood at ₹1,00,350 per 10 grams, while 22-carat gold hovered around ₹92,000–₹95,000 per 10 grams, depending on the region.
📈 Why Are Gold Prices Rising?
According to market analysts, several key factors have contributed to the surge in gold prices:
- Global Economic Uncertainty: Ongoing geopolitical tensions, inflationary pressures, and volatile equity markets have led investors to flock to gold as a safe-haven asset.
- Weakening Indian Rupee: The falling rupee against the US dollar has made gold imports more expensive, directly affecting domestic prices.
- Central Bank Buying: Global central banks, including the Reserve Bank of India (RBI), have increased their gold reserves, further supporting demand.
- Retail and Festive Demand: Strong wedding and festival season demand has added upward pressure to prices, especially in India where gold holds significant cultural value.
💬 What Experts Are Saying
Financial advisors and bullion traders caution that while gold remains a stable long-term investment, buyers should approach the current price levels with care.
“We are witnessing unprecedented highs, but this also reflects investor anxiety. Gold is a hedge, not a quick profit tool,” said Ajay Mehta, a Mumbai-based bullion analyst.
🛍️ Impact on Consumers and the Market
- Jewelry buyers may hold off on big-ticket purchases due to high costs, potentially affecting the upcoming wedding season.
- Investors in gold ETFs and digital gold have seen strong gains in recent months.
- Gold loan companies may benefit from increased asset value of pledged jewelry.
📉 Will Prices Come Down?
While short-term corrections are possible, many analysts believe gold could continue to trade high throughout 2025 unless there is a major shift in global economic sentiment or a strong recovery in the rupee.
🟨 Gold Price Today in Major Cities (24K / 10g):
- Delhi: ₹1,00,420
- Mumbai: ₹1,00,350
- Chennai: ₹1,00,620
- Bengaluru: ₹1,00,280
- Kolkata: ₹1,00,390
(Prices may vary slightly based on local taxes and making charges)
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