Gold Price Prediction: There is good news for those investing in gold. Axis Securities has predicted in its ‘Dhanteras 2025 Gold Report’ that gold prices may reach ₹1.45 lakh to ₹1.50 lakh per 10 grams by next Diwali.
That is, there is a possibility of an additional increase of about 30 percent over the current prices.
Bullish forecast continues
Axis Securities predicts that the bullish trend in gold may continue in the next few months due to global economic and political uncertainties, the possibility of interest rate cuts in the US, continuous gold purchases by central banks and increasing ETF inflows.
According to the brokerage, gold prices have already reached record levels, but the market is still bullish. Axis advises investors to buy in the ‘dips’ between ₹1.05 lakh and ₹1.15 lakh, i.e. after a slight decline.
Global signals and market conditions
Currently, gold has reached above ₹1 lakh in the domestic market. MCX Gold is also rising, and central bank purchases, geopolitical tensions and expectations of interest rate cuts in the US are the factors behind this. Gold has hit a record high of $4,180 per ounce in the Comex market. If this rate remains above $3,800, the next level could be $4,700-$4,800, says Axis.
Why is gold prices increasing?
Interest rate cuts in the US – Low yields have increased attraction for gold.
Central bank purchases – Large amounts of gold are being stored to reduce dependence on the dollar.
Geopolitical tensions – Tariffs, wars and conflicts have increased demand for ‘safe-haven’.
Dollar fall – People are buying gold due to the fall in the dollar index.
ETF investment surge – Investors are flocking to gold as a hedge against inflation and volatility.
Axis’ advice to investors
“Buy on dips” means buy when prices fall slightly, says Axis Securities. You can buy in the range of ₹1.05-₹1.15 lakh and reach the mark of ₹1.45-₹1.50 lakh by next Diwali. If gold remains above $3,800 in the Comex market, the rally will continue.
According to an Axis report, Indian households currently have gold worth about $3 trillion (over ₹250 lakh crore). India has the largest private gold stock in the world, and this is why investors are getting good returns throughout the year.
Investment options
Instead of buying physical gold, investors can opt for Gold ETFs or Sovereign Gold Bonds (SGBs). This eliminates the risk of purity or storage problems and provides long-term investment benefits.
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