Gold Price: The price of gold has seen a big ups and downs in recent times. If you see in the last six years, then the prices of this yellow metal have gained 200 percent. In the month of May 2019, where the price of 10 grams of gold per 10 grams was Rs 30,000, which has now been said in the report of Motilal Oswal Financial Services that it has now crossed to Rs 1 lakh in June 2025. Gold has also given tremendous returns this year.
Gold jumped 200 percent in 6 years
In fact, the price of gold on MCX was Rs 10 gram 32000 per 10 grams in May 2019, which has increased to 10 grams per 10 grams at this time. That is, during six years, 200 percent of investors have been given tremendous returns. In these six years, gold has performed better than other investment options. This year, gold has given a great return of about 30 percent on MCX. Whereas if we talk about silver, its price has also gone up 35 percent.
On the other hand, the Nifty 50 index has been given 4.65 percent this year, while BSE Sensex has given a return of 3.75 percent. While HDFC Bank shares have given 12.50 percent profit and Reliance’s stock has given more than 14 percent profit.
Where will the price go in the next 5 years?
In fact, the major reason for this surge in gold prices has been a situation ranging from coronic epidemic to geopolitical stress, laxity in monetary policies and uncertainty in the global financial market. S.S. Sugandha Sachdeva, founder of Wealth Street, believes that in the next five years, the price of gold can go between one lakh thirty thousand to one lakh forty thousand per 10 grams.
On the other hand, in a report by Live Mint, it has been told by the market experts that gold prices can be seen in the next five years. It was told in this report that if this speed continues, then during the next five years, the price of gold can reach 10 grams per 10 grams.
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