Can Trump's 'Liberation Day' tariffs enable gold prices to rise £ 1 Lakh in 2025? | Einsmark news
Gold Price Today: Gold prices fell by £ 154 to £ 90.721 per 10 grams in futures on Wednesday due to the subdued demand in the place market. On the Multi Commodity Exchange, June gold contracts fell by £ 154 or 0.17% to £ 90,721 per 10 grams, with a trading volume of 18,583 lots. On Tuesday, gold prices reached a record high of £ 91,400 per 10 grams in the futures market, after strong global trends. On the Multi Commodity Exchange, June delivery gold contracts rose to a peak of £ 91,400 per 10 grams during early trading, April 1. In the global market, gold prices have risen over the past $ 3,100 per gram, fueled by concerns about US rates and potential economic falls, which has driven investments to safe Haven assets. “Gold price continues to continue with the highlight of all time, while anxious investors flocked to the safe Haven metal, and the announcements on the US reciprocal rates that the global trade war can escalate. Suspense hangs over the market, as uncertainty is great about the details of the US tariffs that have affirmed the White House.” It has been imposed, although it has given no details about the size or extent of the scope. Path for interest rate cuts. If the market remains cautious before the announcement of the liberation day, dollar index also becomes stable again, which hangs ~ 104, ‘says Manav Modi, senior analyst, commodity research at Motilal Owal Financial Services Ltd. Gold is likely to produce up to £ 1 lakh in 2025? Currently, Gold on MCX is trading around £ 91100 about £ 9,000 away from the £ 1 lakh mark, and it would require a further increase of about 10% from current levels. ‘For the domestic market, one of the most important factors for prices to move higher will be a weaker rupee, and further weakening of the currency will support a move to £ 1 lakh. We see more positive aspects than negatives for the £ 1 Lakh target this year, but if economic stability returns and Central banks maintain a tight monetary policy, Gold’s increase can be slow. Chintan Mehta, CEO, Abans Financial Services Ltd, believes that the continued rally in gold is expanded rather than the beginning of a fresh yield. “We believe it is more an extensive rally rather than the beginning of a fresh yield, and we do not expect prices to reach £ 1 lakh in 2025. Most bullish factors have been priced. With these elements, there are not enough fresh catalysts to push gold outside the £ 1 lakh mark,” Mehta said. Is this the right time to invest in gold in the midst of continuous rally? Gold had an excellent start in 2025, producing more than 18.64 yields in the first quarter, making it the second quarter to the third quarter of 1986. For 2024-25, the return is 39.73 percent. “Given this momentum, an additional 10-12% profit (£ 1,00,000 level) in the remaining three quarters of 2025 cannot be excluded. Gold stops new records daily, driven by global economic uncertainty, inflation, central banking policies, geopolitical risks and rupee-depresiation,” said Rahul Kalantri, VP Commodity at Mehta. Perquities Ltd. Recommended investors to avoid fresh investments at this level and short -term investors can consider profit discussion in the ongoing rally. “We believe that gold is entering the final phase of its rally in the second quarter of 2025, and that new investors may find themselves trapped, similar to stock markets trends. Therefore, we do not recommend fresh investments at this level. Short-term investors who entered the market 1-2 years ago should be considered gradually. that of individual analysts or brokerage businesses, not currency. -Rates enables gold prices to rise £ 1 lakh peak in 2025?