Gold Inches Towards ₹1 Lakh Mark: Trade War Jitters Fuel Surge

Gold prices in India experienced a significant jump on Monday, April 21, 2025, climbing Rs 1,650 per 10 grams in the national capital. This surge pushed the precious metal closer to the crucial psychological barrier of ₹1 lakh per 10 grams.

The All India Sarafa Association reported the increase in prices for 99.9 per cent purity gold. The rise is attributed to a weakening dollar and escalating concerns surrounding the ongoing US-China trade war.

Market analysts suggest this uncertainty is driving increased demand for safe-haven assets like gold, thereby pushing up prices. The situation is closely monitored by investors and traders alike.

This surge has significant implications for the Indian jewellery industry and consumers. The rising prices are likely to impact affordability and potentially dampen demand in the coming weeks, affecting both consumers and businesses.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.