Why? Gold Rates Are Booming
Gold has always been more than a metal. It’s woven into our stories, ceremonies and savings. When currencies wobble or headlines turn grim, people instinctively turn to gold. In India, it’s not only wealth but comfort — something you can hold when everything else feels uncertain.
Back in 1990, gold was around ₹3,200 per 10 grams. Through that decade, prices crept modestly upward, tracking India’s economic reforms and the slow fall of the rupee’s innocence. By 2000, it touched roughly ₹4,400, still humble, but hinting at what was coming.
The 2000s brought acceleration. Global trade expanded, the US dollar weakened, and investors across continents began treating gold as insurance against turmoil. By 2008, during the financial crisis, Indian prices jumped beyond ₹12,000, showing how fear elsewhere can inflate value everywhere.
By the 2010s, the pattern became clear. Whenever global uncertainty spiked — euro debt woes, oil shocks, pandemics — gold surged. The number wasn’t just arithmetic; it reflected collective anxiety. From about ₹18,500 in 2010, the climb to ₹45,000 by 2020 was a mirror of that global unease.
Now, in 2025, the 24-carat rate hovers around ₹1,30,000 per 10 grams in some markets. Inflation, geopolitical tension, and a cautious investor mood all play their part. But beneath those factors lies a simple truth — gold moves with emotion. When people lose faith in paper promises, they seek something solid, ancient, and trusted.
This long arc isn’t just about profit. It’s about protection. And as we step into the next part, the question sharpens: what’s really fueling this present-day surge, and how long can the shine last?
