Gold Rate Surges 25% in 2025: Latest Price of 10 Grams 24 Karat Gold
The financial year 2025 has brought significant turbulence to the stock market, with even major corporations struggling to maintain their standings amid a persistent decline. Many investors have seen their portfolios plunge into the red, signaling a challenging period for equity-based investments. In contrast, gold has emerged as a standout performer, shattering records and offering substantial returns. On an annual basis, gold has delivered an impressive return of approximately 25%, outpacing even mutual funds. The price of this precious metal in the domestic market is now trending toward the Rs 1 lakh mark per 10 grams, raising questions about its future trajectory.
Gold Price Hits Record Highs
The upward momentum in gold prices has been remarkable. Last week, gold reached an all-time high on the Multi Commodity Exchange (MCX), with the price for gold expiring on June 5 hitting Rs 95,935 per 10 grams. This marks a steep rise of Rs 5,000 in April alone, with the price standing at Rs 90,875 on April 1. At the beginning of 2025, gold was trading around Rs 78,000, underscoring a significant upward trend driven by global and domestic factors.
Will Gold Cross the Rs 1 Lakh Mark?
In the domestic bullion market, particularly in Delhi, the price of 10 grams of gold recently surpassed Rs 98,000 last week. If this rapid escalation continues, analysts suggest that the price could soon breach the Rs 1 lakh threshold, a milestone that would further solidify gold’s status as a premier safe-haven asset. This potential milestone reflects growing investor confidence in gold amid economic uncertainty.
Current Gold Prices in the Domestic Market
According to data from the Indian Bullion Jewelers Association (IBJA), the domestic market has witnessed a substantial surge in gold prices. As of April 21, 2025, 24-carat gold of 999 purity is priced at Rs 94,910 per 10 grams, while 22-carat gold stands at Rs 92,630 per 10 grams, 20-carat gold at Rs 84,470 per 10 grams, and 18-carat gold at Rs 76,880 per 10 grams. These figures are provided without taxes or duties, serving as a benchmark across the country. Buyers should note that additional costs, including GST and making charges, will apply when purchasing or crafting gold and silver items. The IBJA updates these rates daily, offering a reliable reference for investors and consumers.
Factors Driving the Gold Price Surge
The rapid rise in gold prices prompts the question: why is gold becoming so expensive? Historically, gold is viewed as a safe-haven investment during times of geopolitical instability, trade tensions, or economic uncertainty. Currently, a trade war between the US and China, fueled by Trump-era tariffs, has heightened global tensions. Additionally, worldwide stock markets are experiencing volatility, inflation concerns are mounting, and the US dollar has weakened after reaching a peak. These factors collectively contribute to the bullish trend in gold prices, reinforcing its role as a hedge against economic instability.
Outlook and Considerations
As gold continues to climb, investors are left wondering whether this upward trend will persist or if a correction is on the horizon. The interplay of international economic policies, currency fluctuations, and domestic demand will likely shape its future price. For those considering gold as an investment, staying informed through sources like the IBJA and monitoring global market developments will be crucial. While the potential to cross Rs 1 lakh per 10 grams is within sight, the inherent risks of market volatility should not be overlooked.
