Gold Price Today / Gold price increased by 200% in 6 years, it will become this much expensive in 5 years!

Gold Price Today: Gold has given investors a return of more than 30% on the Multi Commodity Exchange (MCX) in 2025, while other risky assets like silver have gained around 35%. In comparison, the Nifty 50 index saw a rise of only 4.65% and the BSE Sensex 3.75%. However, some of the big Sensex stocks performed better, such as Reliance Industries shares giving a return of more than 14% and HDFC Bank shares giving a return of 12.50%. Still, gold and silver have outperformed all other assets.

Gold and silver have performed well in the long term as well. In the last six years, gold on MCX has increased from Rs 32,000 per 10 grams to Rs 97,800 per 10 grams, i.e. a gain of more than 200%.

What is the reason behind the jump in gold prices?

According to commodity market experts, gold will remain among the top risky assets in the future as well. Santosh Meena, Research Head, Swastika Investmart, says, "Gold has always had emotional and economic importance in India. In recent years, it has become a strategic asset for central banks around the world. After the Russia-Ukraine war, when Russia's foreign exchange reserves were frozen, central banks have been buying gold as a safe haven asset." He further said that there are many reasons behind the increase in gold prices:

Lack of trust in the US dollar: Many central banks are now preferring gold over the dollar in their reserves.

America's rising debt: This has raised questions about the stability of the dollar, due to which gold has become more important as a store of value.

Geopolitical tensions and trade wars: Increasing instability globally has made gold attractive to investors.

200% return on gold in last 6 years

According to Sugandha Sachdeva, founder of SS WealthStreet, gold has given a return of about 200% in the last six years. Gold was Rs 34,200 per 10 grams in June 2019, which reached Rs 97,800 in 2025. The following are the reasons behind this:

Covid-19 pandemic: During this period, loose monetary policies and near-zero interest rates increased the fear of inflation and falling currency value.

Negative real interest rates: This increased the benefit of holding gold.

Geopolitical tension: Factors such as Russia-Ukraine war (February 2022), banking crisis in the US (SVB, Credit Suisse 2023), tension in the Middle East (October 2023), and increasing trade war in 2025 took the price of gold to a record level of Rs 1,00,178 per 10 grams.

Will the rise in gold continue?

According to Sugandha Sachdeva, record-breaking gold purchases by central banks and the reduction in the share of the dollar (from 73% in 2001 to 58% in 2025) will keep the demand for gold strong. The growing trend towards a multi-currency system, rising US debt, and fluctuations in the global currency market are making gold more attractive. Apart from this, the insurance sector and ETF inflows in countries like China have also contributed to the increase in gold prices.

Is this the right time to buy gold?

Sachdeva says, "Gold will continue to act as a store of value and portfolio diversifier for a long time. Given the rising global debt, geopolitical risks, and uncertainty in the currency market, investors should buy gold gradually on price correction and keep a strategic allocation for the next five years."

Gold price in next five years

Sugandha Sachdeva: Gold may reach Rs 1,35,000 to Rs 1,40,000 per 10 grams in the next five years. In the short term, the price may fall slightly due to profit booking or strong dollar, but there will be strong support between Rs 72,000 and Rs 75,000.

Santosh Meena: If the current trend continues, gold may go up to Rs 2,25,000 per 10 grams. Gold has given a compound annual growth rate of 18% in the last five years, and geopolitical tensions, trade wars, and buying by central banks will keep it strong.