At now, the cost of gold in India has surpassed one lakh rupees. A lot of individuals are keen to purchase gold in light of these increasing costs. However, both the affluent and the middle class in India are concerned about the research that suggests gold prices might rise by up to three times in the near future.

To elaborate, the financial business Incrementum, located in Liechtenstein, has published a study called the “Gold We Trust Report 2025” that makes predictions about the future movement of gold prices. According to the estimate, gold prices would rise sharply over the next five years, with each ounce costing Rs. 7,56,000 by 2030. This implies that the cost per gram may approach Rs. 2,70,000.

The paper pinpoints the main causes of this possible five-year doubling of gold prices. The primary factors driving gold prices to $8,900 per ounce are attributed to rising inflation and uncertainty in the world economy. Furthermore, it is anticipated that over time, global political events and central bank policies would greatly raise the demand for and price of gold. The analysis claims that the present increase in gold prices is only the start of a longer-term rising trend.

Ordinary Indians are becoming concerned by the 25 percent spike in gold prices from the beginning of 2025 to April. In the next years, purchasing gold could stay out of reach for many people if this trend keeps up with the report’s predictions. Nowadays, just over 1% of global markets and family offices’ entire portfolios are invested in gold or other precious metals; instead, they choose private equity, real estate, and other investment opportunities.

The JP Morgan Report

According to a prognosis made earlier this week by JP Morgan, the biggest bank in America, the price of an ounce of gold is expected to reach $6,000 by 2029. At current pricing, this amounts to almost Rs. 10,80,000 per ounce, which is a roughly 80 percent rise. Many people think that if this prediction comes to pass, people could have to make do with rolled gold instead of pure gold in the future.