Gold has reached record highs globally — crossing $3,600 per ounce — and in India, prices exceeded ₹1,09,000 per 10 grams.
Geopolitical tensions including the Israeli-Qatar strikes and unstable peace efforts in Ukraine are fueling safe-haven dem
and.
Inflation worries, particularly from tariff-driven input cost rises and currency weakens, are pushing investors toward gold.
Central banks are also participating, enhancing the demand side.
Some pullbacks noted as global markets show hints of stabilizatio
n, but overall sentiment remains strong.
Indian consumers are seeing elevated local prices; jewellery demand is rising in some regions.
But analysts caution that gold’s sustainability depends on Fed policy, inflation trajectory, an
d dollar strength.
Any signs of stronger U.S. jobs data or rate hikes could weaken gold in the near-term.
Portfolio diversification is pushing investors to allocate more to metals, especially i
n uncertain times.
Overall, gold has become one of the few clear winners amid a backdrop of trade risk and policy uncertainty
.