Gold rates these days seem on a high run! Yesterday it was 15k+ per gram (22k gold), today it rose to around 16.5k. The current geopolitical issues seems the main motive behind Gold’s price hike, especially some brain rotten ideas of Trump’s. And if it goes like this, the US dollar supremacy might end as well (that’s the only good thing on this I guess), but we, the common people might collapse first!
Back to the gold rate, it was 99k per Pavan on the New Year day, now it’s about 1.30 lakh (INR)!, a humongous increase of 30k within a month, that’s more than 1k profit per day if anybody has bought it in January 1.
And, the analyst says, Gold is not gonna stop the run in near time, it may cross even 2 lakh per Pavan this year (2026) itself! If that happens, that will be more than 100% increase (2025 had about 65% increase, btw).
Not sure where we are heading, but it’s not a good sign at all.
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