Gold Price 2025: Gold prices will rise by more than 50% to surpass $4,000 per ounce by 2025. It has already reached record highs 35 times.
Gold prices have risen 50% this year, hitting 35 new record highs
Gold prices are rising in the overseas market due to continued purchases by global central banks, geopolitical tensions, and strong demand in Asia. It is estimated that gold could reach $4,500 per ounce in the near future. According to a report by Motilal Oswal Financial Services Limited (MOFSL), silver has outperformed gold so far this year. Due to rising industrial demand and supply constraints, silver prices are expected to reach $75 per ounce.
How much more will gold rise?
Gold prices have risen by more than 50% in 2025, surpassing the $4,000 per ounce mark. It has reached record highs 35 times so far. This surge in gold prices is due to global economic uncertainty, a potential interest rate cut by the US Federal Reserve, and heavy buying by central banks.
Manav Modi, Commodity and Currency Analyst at MOFSL, said that this significant rise in gold reflects fiscal uncertainty, a weak dollar, and strategic diversification by central banks. Asia is becoming the center of this new monetary shift. According to reports, gold prices in India recently reached ₹1.20 lakh per 10 grams and could reach ₹1.35 lakh per 10 grams in the coming months. Meanwhile, silver prices, which have risen more than 60% so far this year, are expected to reach ₹2.3 lakh per kilogram.
What do experts say?
Navneet Damani, Head of Commodity and Currency Research at MOFSL, says that central banks' diversification is redefining the bullion market. Now, institutional demand and sovereign accumulation are conducive to long-term price increases. Manav Modi and Navneet Damani say that gold prices have crossed $4,000 per ounce on COMEX and ₹120,000 per 10 grams in the domestic market.
He said that although there may be occasional corrections, if gold continues to hold its all-time high, its price can reach $4,500 per ounce on Comex and Rs 1.35 lakh per 10 grams in the domestic market, provided the dollar-rupee exchange rate remains at 89.