Due to Trump tariffs, all the stock markets in the world are fluctuating. And everyone knows that the safest financial investment is gold, so everyone is searching on Google to know the price of gold.
Why is the price of gold increasing so much, will the price of gold go above Rs 1 lakh?
The price of gold is increasing every day. This year, on April 2, 2025, the price of gold reached Rs 93500, and the price of gold has reached its highest peak. So, everyone is wondering why the price of gold is increasing, and will the price of gold go above Rs 1 lakh in the coming months? So now let’s know detailed information about in this article.
Why is the price of gold increasing?
All the stock markets in the world are fluctuating, so investors are looking for the safest financial investment option. And when the global market is fluctuating, investors feel that investing in gold is the safest. The price of gold is increasing due to some major reasons.
- US President Donald Trump’s imposition of new tariff rates on major countries may increase inflation, global economic growth may decrease, and global trade wars may increase.
- Central banks of India and all major countries are buying gold, due to which the demand for gold is increasing significantly. Also, the price of gold is also reaching its highest peak.
- There are signs of recession and inflation in the global market, so investors are considering gold as the safest financial investment.
- The continuous increase in instability in Asia, Europe and some major countries is reducing investor confidence. Therefore, investors are becoming attractive to invest in gold.
- The stock market is falling drastically, so investors are investing in gold ETFs (Exchange Traded Funds). And due to this major reason, the price of gold is increasing.
Will the price of gold reach Rs 1 lakh?
The demand for gold is increasing significantly as investors are investing in gold ETFs (exchange traded funds). Currently, the price of gold is Rs 91,500, which means that for the price of gold to be Rs 1 lakh, it needs to increase by only Rs 8,500, which is about 9 percent. But due to the fluctuations in all the stock markets of the world due to Trump tariffs, the price of gold is going to increase continuously.
Can the price of gold increase in the coming days?
Since the central banks of all the major countries and India are buying gold, the demand for gold is increasing significantly. The main reason behind this is that due to the imposition of new tariff rates by US President Donald Trump on major countries, there are signs of recession and inflation in the global market. And also, the increasing instability in Asia, Europe and some major countries, due to which investors are becoming attractive to invest in gold. And the most important reason is that the stock market is falling very much, so investors are investing in gold ETFs (exchange traded funds). And that is why the price of gold is increasing significantly.
Disclaimer: The information written in this article is for educational purposes only. If you want to invest in the share market, you should learn about the share market yourself or take advice from a financial advisor and certified expert. The share market is subject to risk. Before making any investment, you must take expert advice.
Conclusion
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