Prices increased by more than 50% in one year, gave 125% return in 32 months; Will gold give profit in future also?:

News Topical, Digital Desk : Gold Price Prediction: This is a good time for those investing in gold because its demand as a safe asset is constantly increasing. Due to this, the prices have also reached a record high level. Now the Reserve Bank of India has also made a big change in the rules of gold loan and has decided to increase the LTV i.e. loan-to-value ratio from 75 to 85 percent. That is, if you are taking a loan against gold worth up to Rs 2.5 lakh by pledging it, then you will now get a loan of up to 85 percent instead of 75 percent.

Gold gave this much return in 10 years

Central banks around the world are also engaged in increasing their gold reserves from the year 2022. Investments have also started in Gold ETFs. The demand for gold has increased much more than the supply, so the prices will definitely increase. The price of gold has increased from $ 1,500 in October 2022 to over $ 3400 today. That is, in the last 2 years and 8 months, gold has given a great return of up to 125 percent. In the last one year, the price of gold has increased by more than 50 percent. In the last 10 years, gold has given a return of about 180 percent. Now the biggest question is whether this rise in gold prices will continue in the future?

Will gold prices increase further?

On April 22, 2025, the price of gold has reached a record high of $3,500 per ounce. Will this rise in gold prices continue? Goldman Sachs estimates that central bank demand will take gold prices to new record highs in the long run.

Goldman also estimates that the price of gold will rise to $3,700 per troy ounce by the end of 2025 and if there is a recession in the US, it will rise to $3,880 per troy ounce. Goldman estimates that gold could reach $4,500 per ounce by the end of 2025. JP Morgan has also predicted that gold may reach $4000 per ounce by next year in view of the possibility of rising inflation due to US tariffs and the US-China trade war.

Citi Research had also increased the price target on gold from $3,200 to $3,500 per ounce, which has now been achieved.