Gold Rate Crashes After ₹1.05 Lakh Peak – Experts Warn Buyers to Wait!

Gold Rate Crashes After ₹1.05 Lakh Peak – From ₹88 To ₹1.05 Lakh, India’s Gold Price Journey Will Shock You!

What is the current gold price today?

As of today, the price of 10 grams of 24K gold in India stands at ₹98,770. Just a few days ago, on 22nd April 2025, the price had touched a record high of ₹1,05,200. This reflects a sharp drop of nearly ₹6,500 in a very short span.

Market experts suggest that this decline could be part of a temporary correction phase. They recommend that interested buyers should wait and watch, as the price may decrease further before stabilising again.

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How has gold’s price changed since 1947?

Gold has always been an integral part of Indian households. From being gifted in weddings to being passed down through generations, it has grown from a symbolic gift to a serious financial asset. Here’s a look at how gold prices have changed over the years.

Year-wise Gold Prices in India (1947–2025)

Why are gold prices so high in 2025?

There are several key reasons why gold prices have surged in 2025. Firstly, inflation is rising globally, pushing people to invest in stable assets like gold. Secondly, geopolitical tensions and economic uncertainties across the world have increased demand for safe investments.

In India, festive and wedding seasons further boost gold purchases. The growing interest in digital gold, ETFs, and online gold investments has also played a significant role in pushing prices higher.

Is gold still affordable for buyers?

Compared to past decades, gold has become significantly more expensive. In 1947, ₹100 could buy more than 10 grams of gold. Today, that same ₹100 would not even buy a fraction of a gram.

Family gold, often inherited from older generations, has appreciated significantly in value. Even a simple gold bangle from your grandmother could now be worth more than a new two-wheeler.

Should you invest in gold now or wait?

Many financial experts suggest waiting for a short period. Since the gold price reached ₹1,05,200 recently and has now dropped to around ₹98,770, there is a possibility that the correction may continue for a few more days or weeks.

However, if you are purchasing gold for a wedding or festival, waiting may not be necessary. Gold prices tend to recover quickly, and it’s difficult to predict the perfect time to buy.

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Why do Indians continue to rely on gold?

Gold continues to be trusted by Indian households due to its cultural, emotional, and financial value. It is used in major life events like weddings, festivals, and family ceremonies. More importantly, it offers liquidity during emergencies, making it a dependable backup asset.

Unlike stocks or cryptocurrencies, gold does not experience extreme price crashes. It has proven its resilience across decades.

Is gold still a good investment?

Gold reaching ₹1.05 lakh confirms its long-term strength as an investment. While prices are temporarily falling, this phase is expected to be short-lived. For long-term investors, gold remains one of the most stable and secure assets.

If you already own gold, continue holding it. If you’re planning to invest, consider waiting for a better entry point. In India, gold is more than just a metal — it’s a symbol of trust, tradition, and financial security.

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