The price of gold is increasing every day. This year, on April 2, 2025, the price of gold reached Rs 93500.
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?
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.
US President Donald Trump's imposition of new tariff rates on major countries may increase inflation, and global trade wars may increase.
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. Therefore, investors are becoming attractive to invest in gold.
Central banks of India and all major countries are buying gold, due to which the demand for gold is increasing significantly.
The stock market is falling drastically, so investors are investing in gold ETFs and due to this major reason, the price of gold is increasing.