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For the first time in history, gold prices have crossed ₹1.40 lakh

Akshay pic - Friday, Dec 26, 2025
Last Updated on Dec 26, 2025 10:10 PM

For the first time in history, gold prices have crossed ₹1.40 lakh: Just five days before the new year, gold surprised the market with a sensational surge. In the futures market, 24-karat gold made history, reaching an all-time high of ₹1.40 lakh per 10 grams for the first time. On the MCX exchange, at around 9:08 PM, the price of gold suddenly jumped, rising by ₹2153 or 1.56% to an all-time high of ₹1,40,250. This is the highest level ever recorded.

During trading, the lowest price for gold was ₹1,38,574. This surge, just before the end of the year, has surprised investors and raised questions in the market about whether gold will become even more expensive in the new year or if this is the peak. Questions are also being raised about the reasons behind this sudden price increase.

How many days did it take for the price of gold to increase by 10,000 rupees over a period of 20 years?

Rupees/10 grams Date Number of days taken
10,000May 5, 2006----
20,000October 14, 20101623 days
30,000June 1, 2012596 days
40,000January 3, 20202772 days
50,000July 22, 2020201 days
60,000March 20, 2023971 days
70,000April 5, 2024382 days
80,000January 24, 2025294 days
90,000March 31, 202566 days
1,00,000June 13, 202574 days
1,10,000September 15, 202594 days
1,20,000October 6, 202521 days
1,30,000October 16, 202510 days
1,40,000December 26, 202572 days

There are two main reasons for the rapid increase in gold prices-

Global fear and conflict:

The biggest reason for the rise in gold prices is global geopolitical tension. The Russia-Ukraine war shows no signs of ending. Reports of disruptions to crude oil supplies from Venezuela have heightened fears about energy supply. News of US military action against ISIS in Africa has also created an atmosphere of fear in the market.

In such a situation, investors withdraw money from risky investments like the stock market and invest in safe-haven assets like gold and silver. This is why gold has reached nearly $4,500 per ounce in the international market. It is clear that when uncertainty increases in the world, gold becomes the most reliable refuge, and as demand increases, prices begin to set new records.

Expectations of Interest Rate Cuts:

The second major reason is the changing interest rate environment. The market expects the US central bank to cut interest rates twice next year. As interest rates fall, the returns offered on bank fixed deposits, bonds, and savings schemes become less attractive. This leads investors to consider where to invest their money to preserve its value. And the answer is gold. This expectation is driving continuous investment in gold ETFs, and several central banks around the world are also buying gold in large quantities. This is why there are no signs of a price decline.

If you need to buy gold for a wedding or any other important occasion, the prices are currently high. However, experts believe that if geopolitical tensions persist, the likelihood of gold becoming cheaper is low. This year, gold has seen a surge of more than 70%, clearly indicating that gold is no longer just a luxury item but has become an essential part of an investment portfolio.

Gold Price Target for 2026:

Ajay Kedia, Director of Kedia Advisory, explains, "Gold witnessed its biggest rally in recent years in 2025. The main reasons were geopolitical tensions, continuous investments in gold ETFs, a weaker US dollar, and consistent gold purchases by central banks worldwide. These factors are expected to remain influential in 2026, providing strong support to gold prices in the long term.

Although prices have already risen significantly, investors should also consider the possibility of intermittent price or time-based corrections. If global tensions ease or risk appetite increases, gold prices may experience a temporary decline. Nevertheless, there is still potential for a further increase of approximately 10-12%, and prices could gradually move towards the ₹1,50,000 level."

Will the price reach ₹1.60 lakh?

A Goldman Sachs survey has revealed that gold prices could rise by 36 percent by next year. The price of gold could reach $5,000 by next year. In Indian rupees, this could translate to ₹158,213 for 10 grams (reflecting the projected increase in gold prices).

US banking giant JP Morgan has claimed that the price of gold will reach $5,000 by the end of 2026. In Indian rupees, this means that the price of 10 grams of gold could reach ₹1,56,426 by the end of 2026. This target price for gold was recently given by JP Morgan. Please note that this figure does not include the 3 percent GST and stamp duty.

About the Author:

Akshay Thakur Writter

Akshay Thakur

Hello, I'm Akshay Thakur, and sports is my passion. Football and cricket are my biggest hobbies, and that's why I love writing about both.

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