Gold prices remain a topic of discussion everywhere. Silver prices are also skyrocketing. The rise in prices of gold and silver in 2025 has surprised everyone. This year, the price of gold has increased by nearly Rs 60,000, while silver has become costlier by Rs 1,21,710 in the last 12 months. If we look at today’s rates, the price of 10 grams of 24-carat gold increased by Rs 2,163 to Rs 1,36,133, while silver reached Rs 2,09,250 per kg.
The rising trend of gold will continue, prices will touch the sky
This rise in gold prices is not going to stop soon. Those who are waiting for gold prices to fall in the coming days may be in for a shock. American market expert and well-known market strategist Ed Yardeni has made a very shocking prediction regarding gold. American economist and President of Yardeni Research, Ed Yardeni, has predicted that by 2029, the price of gold in the international market could reach $10,000 per ounce, whereas currently its price is $4,000 per ounce. This means that it is useless to wait for gold prices to fall in the coming days.
How high can gold prices reach in India?
If American economist Yardeni’s prediction comes true, and gold reaches $10,000 per ounce in the international market, then the price of gold in the Indian market may increase by up to 127%, that is, by 2029, the price of gold in India may reach Rs 3 lakh. He said that given geopolitical tensions, possibility of trade war, heavy buying by central banks and weakness of the dollar, the US Federal Reserve is likely to cut interest rates. The reduction in interest rates will lead to an increase in gold prices, and gold will continue to rise. China discovered huge reserves of gold
China has discovered a large deposit of gold. A gold mine has been found under the sea in China. According to a report by South China Morning Post, China has discovered a huge deposit of gold off the coast of Laizhou in Yantai, Shandong province. The total gold reserves in Laizhou have reached 3,900 tons, which is 26 percent of China’s total gold reserves. This is the second time this year that a gold mine has been found in China. Earlier in November, a mine containing more than 1,444 tons of gold was found in Liaoning province. The value of gold reserves found in China is billions of dollars. This gold reserve will boost China’s economy. By acquiring this gold, China will further strengthen its superpower status. This will give a great boost to the Chinese economy.
