Delhi Delhi: Gold prices rose slight on Wednesday and it reached a new height. According to publicly available data, gold prices at the international level remained physically relevant above US $ 3,000 an ounce level. At the time of filing this report, the gold trading was taking place at US $ 3,040 an ounce, the highest level ever.

Manav Modi, senior analyst at Commodity Research at Motilal Oswal Financial Services, said, “… business uncertainties have promoted demand for safe-property due to increasing tension in the Middle East and tariff schemes of US President Donald Trump.” The global trade war and geopolitical uncertainty have kept investors in other financial assets restless, increasing the demand for gold as a safe-property investment.

Gold prices crossed US $ 3,000 an ounce this month – it is a making headlines, but real importance for gold lies in mass economic trends that are promoting its rise. Gold increased from $ 2,500 an ounce to $ 3,000 an ounce in just 210 days.

This is a much faster increase than historical trends, where gold usually takes an average of 1,700 days to increase in $ 500. The speed of this latest value movement highlights the strong speed created by gold in the last two years, inspired by the market's basic things and a combination of investor spirit.

In a recent note, the World Gold Council said, “Although gold may face some consolidation due to its latest step speed, but continues to provide powerful tailwind to the demand for geopolitical and geo-economic uncertainty, rising inflation, low rates and weak US dollars.”

Koli Shah, MD of Cama Jewelery, insisted that gold domestic prices have crossed Rs 90,000 per ten grams due to geopolitical reasons as India imports more than 80 percent of its gold consumption.

Colin Shah said, “Given the global scenario, funds are rapidly moving towards gold due to the specialty of safe investment, which provides protection against inflation and economic instability. Now we hope that gold prices will touch the level of $ 3100 an ounce at the international level and Rs 90,000 per 10 grams at the domestic level.” Amidst uncertainty in stock markets, rich investors are investing their money in Gold ETF instead of buying physical gold. In the year 2025, the Gold ETF saw a strong interest, which reflects the unprecedented flow so far.