By Admin 
Gold Price Outlook: Amidst the increasing tension between America and China and the possibility of the Federal Reserve cutting interest rates again by the end of this year, gold has reached a record high level. Gold has currently reached a new peak of $ 4,185 per ounce.
After all the ups and downs during trading on Tuesday, there was a rise in spot silver, which reached its all-time high level above $ 53.54 an ounce. Gold is moving rapidly. It has given returns of more than 50 percent in the first 10 months of the year. Reports show that this year alone gold has reached its all-time high level more than three dozen times.
gold going through historical period
The surprising thing is that the demand for gold has remained stable for the last 15 years and there has been no significant reduction in the supply. Yet gold is going through a phase never seen before. Experts have given many reasons for this such as its continued purchase as a safe investment.
In the last three years, central banks around the world have made indiscriminate purchases of gold. Apart from this, Trump’s tariff policy has also contributed to this increase. On top of that, geopolitical tensions have also led to a rise in the price of gold. All these things together have affected the price of gold. Amidst all this, the demand for gold has increased by 15 percent since 2010. For the last 15 years, countries like India and China have also been net buyers of gold.
Gold going out of reach of common man
Gold prices in India are increasing at a rate that is quadrupling day and night. In the 2010s, one had to spend Rs 40,000-50,000 for 10 grams of gold. At the same time, now 10 grams of gold has crossed Rs 1,30,000. In just ten months, gold has reached Rs 1,30,000 from the level of Rs 77,000 per 10 grams.
This year alone, the price of gold in the country has increased by 51 percent. For this, the purchase of gold by central banks cannot be denied. In the last three years – 2022, 2023 and 2024 – central banks have purchased more than 1,000 tonnes of gold every year. According to the World Gold Council report, by May 2025, central banks officially have 36,344 tonnes of gold.
Central banks’ purchases will continue
The recent World Gold Council report has also revealed that this purchase of gold by central banks is going to continue. Since almost one-fourth of the current gold reserves in the world are being purchased by central banks, the supply for jewelery and investment is now decreasing.
At the same time, the sharp fall in the US dollar this year has also given a boost to it. Gold generally has an inverse relationship with the dollar. When the dollar is strong, gold prices fall and when the dollar is strong, gold prices fall. The US dollar has fallen by 11 percent so far this year, which is the biggest fall since 1973 i.e. in 52 years. According to New York Intercontinental Exchange (ICE), the dollar index is currently at 98.57. Looking at all these things, there seems to be little possibility of the price of gold falling in the recent times.
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