- Gold prices in India may hit ₹1–1.25 lakh per 10 grams as global tensions rise.
- Trump’s renewed tariff stance and US recession worries fuel safe-haven demand.
- Experts advise a “buy on dips” strategy with ₹91K support and ₹99K resistance.
Gold has seen a robust upward trend in recent years, delivering over 110% returns since 2020. It has also shown nearly 25% growth in 2025 alone. The surge is largely attributed to its safe-haven appeal in uncertain times, especially with President Donald Trump’s new round of tariff threats unsettling global trade.
Besides tariffs, investors are responding to a mix of inflation, economic slowdown risks, and continued central bank buying. The US Federal Reserve has cautioned that even a modest tariff hike could weigh on GDP, further spooking markets.
Will Gold Breach ₹1.25 Lakh? Experts Cite Global Jitters and Tariff Tensions
Investors are increasingly turning to gold as a financial cushion amid fears of a US slowdown and renewed trade wars under Trump. Historical data supports the trend. Gold has nearly doubled in value over the past five years, reinforcing its role as a consistent wealth preserver during economic volatility.
Goldman Sachs’ estimate that global prices could hit $4,500 per ounce suggests significant upside potential for Indian markets. If realized, this could push MCX gold rates into six-digit territory. It would be a milestone that marks new highs for domestic investors.
Meanwhile, geopolitical instability, inflationary trends, and aggressive central bank gold accumulation are adding to the metal’s momentum. Countries are diversifying away from the US dollar, further strengthening gold’s global demand and lifting price floors higher.
Technical analysts like Navneet Damani advise traders to adopt a strategic approach. With ₹91,000 as a support level and ₹99,000 acting as short-term resistance, he recommends buying during dips. Gold is seen as a reliable investment as long as policy turbulence and trade concerns linger.
With so many global variables pointing toward uncertainty, gold continues to shine as a smart, defensive asset for long-term investors looking to preserve value.
“In times of uncertainty, gold is the most trusted currency.” — Ray Dalio
