By Aditya
October 29, 2025
Earlier people in India used to buy gold only for religious and traditional reasons. Now it has also become a popular investment tool.
Gold has always been a symbol of safe investment. Investors are more attracted to gold during times of economic uncertainty.
This year gold gave higher returns than expected. The main reason for the rise in its price was global volatility and investors' uneasiness.
Due to the threat of Trump tariffs in April, the price of 24-carat gold rose to ₹100,000 per 10 grams.
Due to the fear of tariffs, the price of gold crossed ₹1,00,000 in April and by Diwali it reached ₹1,32,000 per 10 grams.
The demand for gold increases during the Diwali and wedding season. This has led to a slight drop in prices after Diwali.
Correction on a small scale is normal, but after Diwali there was a sharp decline in gold and silver.
In the long run, gold has given better returns than the Sensex. By the end of last year, the price of gold was ₹70,000-80,000 per 10 grams.
According to media reports, Baba Venga has predicted that there may be a major financial crisis in the world in 2026.
According to Baba Venga's prediction, the prices of gold and silver rise during such a crisis. Therefore, gold may see a stormy rise again in 2026.