Gold Rate 17 June 2025: How much has gold become expensive in 60 days, how much will it increase further

Gold Rate: Gold prices have been rising steadily for some time now. Gold has become very expensive in just two months. Due to the rising prices of gold, it is now becoming difficult for common people to buy it. 

However, people who had invested in gold earlier are now getting good benefits. In this news, we will tell you what is the latest rate of gold today and why its price is increasing continuously.

Iran-Israel tensions increase gold demand

The effect of increasing tension between Iran and Israel is now visible on the global market as well. Due to this political conflict, the demand for gold has increased rapidly, as people consider it a means of safe investment. Experts say that if this situation continues, then in the coming time the price of gold can go above $ 3500 per ounce.

Gold increased for the fourth consecutive day

On Monday, the price of gold rose for the fourth consecutive day and reached its highest level in nearly two months. After the clashes between Iran and Israel over the weekend, people are worried about a major regional war. In such a situation, investors' inclination has increased towards gold.

Benefit to investors

In the international market, spot gold rose 0.3% to $3,442.09 per ounce by Monday morning. This is the highest level since April 22. At the same time, the futures price of gold in the US has also increased by 0.3% to $3,461.90.

Why are gold prices increasing?

Whenever political or economic tensions increase in the world, people invest in gold to keep their money safe. This is why its demand is increasing. 

Some big decisions of the US Central Bank are also awaited this week. It is believed that the Federal Reserve will not change its interest rates at present, but there may be a cut in September. This can also lead to a rise in gold prices.

Gold rate in india

Gold for August delivery rose 0.13% to Rs 1,00,406 per 10 gram on India's MCX market at 9:32 am on Monday.

What to expect next?

Experts say that we have just crossed $3,400 and the uptrend may continue. There may be some resistance around $3,500, but if this level is crossed then new highs can be seen.

Why is the price of gold increasing? 

For some time now, gold prices have been rising continuously and many reasons are being given behind this. The biggest reason is the increasing political tension in the world and the fear of economic recession. Whenever such a situation arises, people invest in gold to keep their money safe, hence it is called a safe haven.

Gold is an asset that does not earn interest, but when interest rates are low in the market, its demand increases. On the contrary, when interest rates are high, the shine of gold diminishes somewhat.

Apart from this, the price of dollar also affects the price of gold. If the dollar is strong, then the price of gold remains under control. But when the dollar weakens, the price of gold starts increasing. 

That is why in the current situation when there is uncertainty all over the world and the dollar is also weakening, the price of gold is continuously going up.