Gold Price: Gold prices passed 1 lakh for the first time on the Multi Commodity Exchange (MCX). Due to increasing insecurity between investors and rapid tension in the Middle East, the trend of shopping in gold was intensified. Increasing war -like situations between Israel and Iran, expectation of potential cuts in interest rates and global uncertainty together are bringing this precious metal to new heights.
On Friday, MCX Gold closed at Rs 1,00,314 per 10 grams, while during trading it also touched a high level of 1,00,681. On the contrary, silver saw a slight decline and it closed at 1,06,474 per kg.
Close to record level in global market too
Gold continues to rise internationally. Spot Gold prices rose by 1.3 per cent to $ 3,428.10 an ounce, which is very close to the $ 3,500.05 $ high in April. US gold futures also gained 1.5 per cent to close at $ 3,452.80. In the last week, gold has registered a gain of about 4 percent, which shows its strength.
Because of what fell gold
The most important reasons for this speed are by Israeli attacks on Iran’s nuclear infrastructure. This has increased the atmosphere of fear among investors globally and also a trend towards gold. Also, the dollar index has also fallen from a high level of 110.18 to a three -year low in January. Inflation in the US has also come down to 2.4 per cent in May, which has increased the possibility of cutting interest rates. All these factors are taking gold further.
Historical performance of gold so far in 2025
So far this year, gold has registered a gain of 31 percent and is constantly making new records. In 2005, where the price of gold was Rs 7,638 per 10 grams, in June 2025 it has crossed Rs 1,00,000. That is, an increase of about 1,200.84 percent. Not only this, it has seen a rise of Rs 10,000 in the last 74 days. In the last 20 years, gold has given 16 positive returns, which has proved to be a reliable option for investors.
Can gold reach 1.05 lakhs?
Experts believe that if the Iran-Israeli crisis increases further, the price of gold can reach Rs 1,05,000 per 10 grams. According to The Mint’s report, currently a support level of Rs 96,200 is maintained on MCX. In the international market, if gold breakouts above $ 3,500, it can also go up to $ 3,590, where some resistance can be seen.
At the same time, Goldman Sachs has estimated that by the end of 2025, the price of gold could reach $ 3,700 an ounce and $ 4,000 by 2026. Bank of America also sees gold going up to $ 4,000 in the next 12 months.
What is the signal for investors?
Gold may continue to rise due to existing global uncertainty, potential cuts in interest rates, aggressive purchases of central banks and increasing geopolitical stresses. Investors are seeing this as a strong safe-hevan asset and long-term returns options. If the situation remains the same, then the figure of 1.05 lakh can also be achieved soon.
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