Business Reporter :
Gold prices have come a long way in the last 50 years and are proving its supremacy in the commodity markets. From Rs 540 per 10 gms in 1975, price of the yellow metal has surged to Rs 1.22 lakh per 10 gms on October 10, 2025 registering a growth of over 22,000 per cent. Such a stupendous amount has made the yellow metal one of the best investment options for the buyers and it continues to earn trust of all.
Further, as the global economic uncertainty persists, investors are increasingly showing interests in gold, driving prices to new heights. With its impressive track record and continued hike in demand, gold remains a sought-after investment option for buyers across
the globe.
However, the growth in gold prices was not so impressive in the initial period as it was in the last one decade or so. In 1985, the prices touched Rs 2,130 per 10 gms mark posting a growth of less than 300 per cent as compared to the price in 1975. In the following decade the growth was just about 750 per cent when gold price touched Rs 4680 per 10 gms in 1995.
Even in 2005, when the prices were hovering near Rs 6,215 per 10 gms mark, the growth was not so lucrative. But then all of a sudden, the prices started going northwards and in the following two decades, the market scenario almost changed.
The prices went up from Rs 26,421 per 10 gms in 2015 to Rs 1.22 lakh per 10 gms in 2025.
Commenting on the matter, Rajesh Rokde, Director of Rokde Jewellers, and Chairman of All India Gem and Jewellery Domestic Council (GJC), said, “There will always be a strong demand for gold, as it is considered a safe asset for saving wealth. People have immense trust in gold because it has given spectacular returns over the years. Apart from this, it can be used during emergencies and times of uncertainty.”
Kishor Sheth, Director of Batukbhai and Sons Jewellers, Dharampeth said that the demand for gold will never diminish as it is considered as an important asset with high appreciation value. “In India, there is a high demand and craze for gold. Moreover, the
precious metal is also associated with Indian tradition and culture for hundreds of years,” he observed.