Gold prices have been soaring at an unprecedented rate, leaving many in shock. This surge isn’t confined to India—it’s a global trend. Just a few days ago, 10 grams of gold was priced at 70,000-80,000, but within the last four days, it has surged to 1 lakh.
Also Read – Pahalgam Attack: Disturbing AI Trend Goes Viral
On Akshaya Tritiya, a day when many plan to buy gold, the sudden rise left potential buyers stunned. By Tuesday, the price touched 1,02,000, creating uncertainty among those hoping to make a purchase.
This rapid increase has sparked intense discussions. While political debates are common, these days, everyone seems to be talking about why gold prices have shot up. Analysts and experts are weighing in, offering their opinions on the cause of this spike.
Also Read – Wedding Turns Violent: Bride Waits, Families Brawl
So, what’s driving gold prices through the roof? Experts point to a few key global factors:
Policies under US President Trump.
Increasing global demand for gold.
Investment by government-owned banks, which has further boosted demand.
Also Read – Courtroom Horror: Judge’s Verdict Sparks Abuse
This rise in demand has resulted in a surge in gold prices worldwide. In India, traditionally, people prefer investing in land, especially in the southern regions.
However, globally, there’s been a shift, with gold now drawing more investment than land.
Additionally, Trump’s unpredictable policies on taxes and tariffs have added to market uncertainty, leaving no clear indication of how prices will behave or when certain sectors might collapse.
When will gold prices drop? Experts suggest that a decline may only happen if US policies are reevaluated and global tensions ease. Until then, gold prices are expected to continue rising.
