By Admin 
Gold Price Forecast: The prices of gold are continuously increasing in the country, due to which it is gradually becoming out of reach of the common man. Today in cities like Delhi, Jaipur, Lucknow and Chandigarh, the price of 10 gold pieces of 24 carat is Rs 1,43,760. At the same time, the price of 22 carat gold is Rs 1,31,790.
As inflation is increasing, the value of money is also decreasing. Often we are calculating what the value of Rs 1 crore will be in the next ten or twenty years. But have you ever wondered what the price of gold will be by 2050? It is obvious that the value of money will decrease, so the amount of gold that you can buy from Rs 1 crore today, you will not be able to buy for the same amount in the next ten or twenty years. In such a situation, it is not enough to just save money, but understanding inflation and smart investment planning is also necessary.
Gold is giving strong returns
There has been a tremendous rise in the prices of gold in the last few years. Due to this, the wealth of its investors has also increased manifold. In the year 2000, the price of 24-carat gold was only Rs 4,400 per 10 grams and in 2020, the price of 24-carat gold per 10 grams was Rs 50,000. At the same time, today it has crossed Rs 1,40,000 per 10 grams. This means that in just six years the prices of gold have increased almost three times. The data of the last 30 years also shows that the average annual growth rate of gold price in India has been 10.83 percent compound annual growth rate (CAGR). That means your earlier investment in gold has increased at this rate every year, which shows better returns than FD.
Rupee devaluation and inflation are the main reasons for this. Due to global tensions and uncertainties and continuous buying by central banks, the demand for gold as a safe haven is increasing. In such a situation, its price has also increased by 5-7 percent in US dollars. Seeing the strong returns on gold, investors are getting attracted towards it.
What will be the price by 2050?
Since gold is now above Rs 1.40 lakh, it now shows a CAGR growth rate of 14.6 percent. If gold prices continue to increase at this rate (14.6 percent CAGR) for the next 25 years, then the price of 10 grams of gold can reach approximately Rs 40 lakh in 2050. This means that at that time only 25 grams of gold can be purchased for Rs 1 crore. However, this calculation is just an estimate. Gold prices depend on many domestic and global factors, such as interest rates, dollar status, central bank policies and global economy. However, based on estimates, the price of gold in 2050 may be more or less than Rs 40 lakh per 10 grams.
Also read:
Cheap home loans, tax exemption…real estate sector expected to get big relief from Budget 2026