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Gold prices have witnessed strong growth amid inflation, currency depreciation and global uncertainties. Experts believe this trend may continue in the long term. Based on historical data and projected growth rates, gold prices could rise six to eight times by 2050.
Experts Predict Massive Rise in Gold Prices Over the Next 25 Years
New Delhi: In India, gold is not limited to just jewelry; it is also considered a strong option for safe investment. Due to inflation, economic uncertainty, and geopolitical tensions, gold prices are continuously reaching new highs. Given the current situation, experts believe that gold's luster will remain intact in the coming decades. This has led investors to wonder what the price of gold might be by 2050.
In the last few years, gold prices have seen a sharp increase. In 2020, the price of 10 grams of 24-karat gold was around ₹50,000, which has now almost tripled. According to data, gold in India has given an average CAGR of 10.83% over the last 30 years, while in the last 20 years, it has increased to 14.35%. Rupee depreciation and inflation have played a major role in this.
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Internationally, the demand for gold is also continuously increasing. Countries like China, Russia, and India are increasing their gold reserves in their central banks. In addition, global inflation, the weakening of the US dollar, wars and geopolitical tensions, as well as the increasing use of gold in technology and green energy sectors are driving prices higher.
International experts estimate that by 2030, gold could reach $5,000 to $10,000 per ounce. By 2050, the price of gold could go above $10,000, even reaching $15,000 to $20,000 per ounce. Due to the value of the rupee and import duties in India, domestic prices could be even higher.
Assuming a CAGR of 10%, the price of 10 grams of 24-karat gold could be ₹14-15 lakh by 2050. At a CAGR of 12%, the price could reach ₹21-22 lakh. Similarly, 22-karat gold could be around ₹12.8 lakh per 10 grams. These estimates are based on average market conditions.
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If an investor buys ₹1 lakh worth of gold today, its value could reach ₹10-12 lakh by 2050. In contrast, the same amount invested in a bank fixed deposit would only grow to ₹4-5 lakh. This clearly shows that gold can provide better returns in the long run.
Although gold is a strong option for the long term, it is also subject to price fluctuations. Experts advise that investments should always be diversified, rather than relying on a single option.
