Gold prices in India reached an all-time high of ₹1,00,502 per 10 grams for 24-carat gold on July 23, 2025, according to a report by Dainik Bhaskar. This marks a significant rise of ₹24,340 since the beginning of the year. Experts say the increase is driven by rising geopolitical tensions, global economic uncertainty, and strong demand for gold as a safe investment.
Market analysts believe gold prices could go even higher, possibly touching ₹1,04,000 per 10 grams by the end of the year. Global market trends, inflation concerns, and the upcoming Indian festival season, which typically boosts gold buying, are expected to contribute to the continued upward movement.
Investors are turning to gold amid unstable stock markets and uncertain international trade policies. Silver prices have also climbed and now stand at ₹1,16,000 per kilogram.
Analysts warn that while gold may continue its bullish run, resistance may be seen at ₹1,02,000 and ₹1,04,000 levels. They also caution that changes in global economic conditions or profit-taking by investors could lead to short-term price corrections.
The rising gold prices are affecting the middle class, especially families preparing for weddings. The report also highlights the importance of tracking global factors like US Federal Reserve decisions and currency movements, which have a strong influence on gold prices in India.
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