- Gold prices hit ₹90,000 per 10 grams, driven by geopolitical tensions and weak U.S. inflation.
- Experts suggest a “buy on dips” strategy amid expected price consolidation.
- Gold ETFs see record inflows as investors seek safe-haven assets.
Gold’s historic surge past ₹90,000 per 10 grams reflects heightened geopolitical uncertainty and global economic instability. Investors are flocking to gold as a hedge against inflation and a potential U.S. recession, with international prices crossing the $3,000 per ounce mark.
With gold outperforming other assets, experts anticipate continued demand, though some consolidation may occur. The Federal Reserve’s next move on interest rates will be a key factor in determining gold’s trajectory.
Gold Hits Record Highs: What’s Next for Investors
Gold’s recent rally has been fueled by trade tensions, with the U.S. threatening tariffs on European goods and the EU responding with countermeasures. These geopolitical conflicts have amplified uncertainty, making gold an attractive safe-haven asset. The rising Middle East tensions further contribute to the demand for precious metals.
India, which imports over 80% of its gold, is witnessing record-high domestic prices. Colin Shah of Kama Jewellery attributes this to global economic shifts and increasing investor preference for assets that hedge against inflation. The World Gold Council expects further upward momentum, with international prices potentially reaching $3,100 per ounce.
Gold ETFs are seeing historic inflows as investors seek alternatives to physical gold. With stock market volatility and economic instability persisting, wealthier investors are parking money in digital assets for flexibility and security. The surge in gold-backed investments suggests confidence in long-term price appreciation.
Despite the sharp rally, experts caution against aggressive buying at peak prices. Analysts predict some consolidation before the next major move, making a strategic “buy on dips” approach more viable. Monitoring global economic trends and Fed policies will be essential for traders navigating the gold market.
Gold’s unprecedented rise highlights its role as a financial safe haven amid economic uncertainty. With ongoing trade wars, inflation concerns, and Fed rate decisions in focus, investors must stay vigilant and adapt their strategies accordingly.
“Gold is money. Everything else is credit.” – J.P. Morgan
