Mumbai, January 31, 2025: Gold prices hit a record high of USD 2,859 per ounce, marking a 40% increase in just one year. The surge is driven by growing concerns over inflation, geopolitical tensions, and market volatility, leading investors to seek refuge in gold as a safe haven asset.
With central banks maintaining accommodative monetary policies and fears of economic instability persisting, analysts predict the upward trend will continue. Sustained demand and limited supply are expected to keep gold prices elevated, drawing significant attention from both institutional and retail investors.
