Gold Rate 19 May 2025: By next year the rate of 10 grams of gold will be this much
Gold Rate Hike: Gold prices have increased a lot this year. Gold prices have increased so much that even the sharp fall that has been happening for the past few days is too late to break the rise of gold. Gold is going out of the reach of the common man. Gold prices had even crossed the figure of 1 lakh on one day this year.
Breaking News (Gold Rate Hike) Gold prices have seen a significant increase this year. Gold prices, which started rising from the beginning of the year, are still rising. A significant increase has been seen in gold prices.
New records are being set every day. However, a decline in gold has been observed since April 23. In such a situation, the question arises as to how much gold will reach by the end of this year. Experts have shared their estimates regarding this.
What are the current gold prices
Along with the bullion market, the rate of 10 grams of gold has decreased on the Multi Commodity Exchange today. On Friday, gold closed at Rs 92,480 on MCX. Talking about silver, the price of one kilogram of silver (silver latest rate) was recorded at Rs 95,297.
Along with this, according to the data given on the website of Indian Bullion Association, the price of 24 carat gold has been recorded at Rs 92,870 per 10 grams and the rate of 22 carat gold is trading at Rs 85,131 per 10 grams.
Why is gold going through a period of ups and downs
According to experts, this fluctuation in gold prices (Sone Ke Rate) is happening due to global trade factors. While prices are continuously falling in the domestic bullion market, MCX (MCX Gold Rate) is also falling like the domestic market.
At this time, there is a lot of fluctuation in the price of gold in the market and experts say that the changes in the price of gold may continue in the future as well.
The trade war affected
The price of gold had increased so much due to the trade war. Due to Trump's tariff war, investors showed interest in buying gold. The reason for this was uncertainty in the market. Due to Trump's tariff war, the demand for gold increased and the prices kept increasing.
On April 22, the price of gold crossed Rs 1 lakh per 10 grams in the bullion market. In the international market too, the price of gold reached close to $3500 per ounce. At the same time, gold reached Rs 99,358 per ten grams on MCX in the country.
After this, investors started taking profits from the market. Due to which the prices fell. At the same time, Trump also put the tariff on hold and a small compromise situation was reached with China, due to which the prices are falling a lot. Now the question arises that what will be the prices in future.
This will be the price of gold by the end of the year
Experts have also given their opinion about the price of gold. Experts believe that gold may fall in the near future. But, in the long term, gold will rise again. The tariff has only been put on hold, not ended.
At the same time, the demand for gold will also increase in India during the festive and wedding season at the end of the year. Expert Rajiv Soni believes that by the end of this year, gold can reach around 1 lakh 10 thousand.