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Gold Prices Surge Amid Global Uncertainty, Analysts Predict More

10/2/2025

39 4 Full Breakdown

Summary

Story summary

On October 1, 2023, gold in India rose to INR1,17,450 per 10 grams and silver to INR1,51,100 per kilogram amid global uncertainty.
The Indian Rupee's depreciation against the US dollar raises local gold costs for buyers.
Analysts predict gold could reach $2,000 per ounce in the next year, and silver around $25 per ounce, with geopolitical/inflation pressures sustaining demand.

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Story summary

On October 1, 2023, gold in India rose to INR1,17,450 per 10 grams and silver to INR1,51,100 per kilogram amid global uncertainty.
The Indian Rupee's depreciation against the US dollar raises local gold costs for buyers.
Analysts predict gold could reach $2,000 per ounce in the next year, and silver around $25 per ounce, with geopolitical/inflation pressures sustaining demand.