On Monday, Delhi saw an unprecedented increase in gold prices, when 10 grams of gold increased by Rs 5,080 to Rs 1,12,750. This is the highest level of this year. Since 31 December 2024, gold prices have increased by about 43%, when it was Rs 78,950 per 10 grams. The price of 99.9% pure gold on Monday was Rs 1,07,670 per 10 grams, but on Tuesday the figure increased significantly. This growth is in line with the trends of the global market.
This increase in gold prices has occurred due to many reasons. Experts believe that the global economic situation and the strength of the US dollar have played an important role in increasing its prices. Gold has always been considered a safe investment option, especially when there is instability in the stock market. Earlier this year, after the decline in the stock market, investors’ trends increased towards gold, which increased both its demand and prices. Apart from this, reports of increasing gold reserves by central banks globally are also affecting prices, and this trend may continue in future also.
Gold prices have seen fluctuations over the years, but it has been steadily increasing from a long-term perspective. Prices have increased in 2024 compared to 2023, and in 2025 it may be faster. This year’s 43% growth is shocking for investors. However, experts say that if the US Federal Reserve changes the interest rates, prices may be stable or may be slightly low. Nevertheless, currently gold remains attractive to investors and jewelery lovers.
If you are thinking of buying gold, it is necessary to know that the current prices are quite high. Nevertheless, this can be a good option for long -term investment. It is important to check the purity of gold (22 or 24 carats) before shopping and to purchase only from reliable jewelers. In addition, global news and economic policies should be focused, as they can affect prices. If you want to invest in small amounts, you can also consider options such as Soverened Gold Bonds (SGBS) or Exchange Traded Funds (ETFs).
