Gold Prices Soar: Will 24-Carat Gold Cross Rs 1.75 Lakh in April?
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Gold Prices Soar: Will 24-Carat Gold Cross Rs 1.75 Lakh in April?
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News18•17-03-2026, 15:22
Gold Prices Soar: Will 24-Carat Gold Cross Rs 1.75 Lakh in April?
•Gold prices are currently strong, with 24-carat gold (10 grams) trading at Rs 1,58,000-1,59,000 in March 2026.
•Experts predict gold prices in April 2026 to remain stable or increase slightly, potentially reaching Rs 1,55,000-1,65,000 per 10 grams.
•Global factors like US Federal Reserve interest rate cut expectations, geopolitical tensions, and inflation hedging are driving prices up.
•Some analysts suggest prices could exceed Rs 1,70,000 if global uncertainty intensifies, though a strong US dollar could cause a slight decline.
•Gold is considered a good long-term investment, with central banks and investors globally increasing purchases despite potential short-term fluctuations.