Gold Prices Reach All-Time High: What’s Driving this Surge?

Gold prices in India have reached a new all-time high of ₹80,979 per 10 grams. Several factors have contributed to this surge. Speculative trading and a weakened rupee significantly influenced the price hike. Additionally, strong demand amid geopolitical uncertainties and concerns over tariffs and economic deficits have supported gold’s rise.

Analysts highlighted the US Federal Reserve’s policy decisions and President Donald Trump’s calls for rate cuts as key influencing factors. The general market anticipation of stable interest rates further bolstered gold prices1. Experts also noted that the ongoing geopolitical tensions and US monetary policy are likely to keep gold prices elevated.

Gold’s increasing value suggests a positive outlook. Investors view it as a safe-haven asset, especially in the face of economic uncertainty. As a result, many see it as a good investment.