Will You Ever See Gold at ₹70,000 Again? Here's Why That Window Might Be Closed for Good.

Gold has just crossed a major psychological and financial threshold ₹1 lakh per 10 grams in the physical market. Yes, you read that right. The yellow metal, once available for ₹70,000 just months ago, has now soared past the ₹1,00,000 mark in major cities across India.

If you're asking, “Will gold ever be this affordable again?” you’re not alone.

What’s Causing This Massive Spike?

Global Uncertainty is Driving Safe-Haven Buying

From the ongoing Middle East tensions to whispers of a global slowdown, investors are running to gold as a hedge. When the world trembles, gold glitters.

Rupee Weakening Against the Dollar

As the INR slides against the USD, importing gold becomes more expensive, directly impacting retail prices. The result? A surge in price tags across jewelers' shelves.

Central Banks Are Stocking Up

India isn’t the only one countries across the globe are stacking gold in their reserves, pushing demand through the roof.

Akshaya Tritiya, Weddings & Emotional Buying

In India, gold is more than an asset it’s tradition. And as demand peaks during festive and wedding seasons, prices naturally follow.

From ₹70K to ₹1 Lakh: A Flashback You’ll Regret

Rewind to early 2023–24, and gold was comfortably sitting around ₹55K–₹70K. Many waited, thinking prices would dip. Today, those same buyers are now watching prices with disbelief.

Will Gold Ever Return to ₹70,000?

Unlikely. Unless there’s a significant drop in global demand, stronger rupee, or economic stabilization gold under ₹80,000 may become a thing of the past.

But as always, markets are unpredictable and what seems impossible today can become a reality tomorrow. Still, experts believe this rally has fundamental backing, not just hype.

You're still waiting for gold to fall you might be waiting forever. This surge isn’t just numbers, it's a shift in economic reality. The ₹70K days might already be history but the future of gold is still glittering.

What's Your Gold Story?
Did you buy gold when it was affordable? Regretting missing the train?

Drop your thoughts in the comments or share your gold journey with us

Sachin

Disclaimer
The views expressed in this article are personal and meant for informational purposes only. This is not financial advice or a recommendation to buy or invest in gold. Please consult a certified financial advisor before making any investment decisions.

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