There is huge fluctuation in gold prices. Experts estimate that it may go up to Rs 1 lakh next year, but may be reduced to half due to international reasons. Big investors have been advised to be cautious in investing at present.
New Delhi: Market experts have brought a good news for jewelery lovers. People buy jewelery for marriage or any other auspicious occasion. But, people who want to invest on a large scale are confused whether to invest in this yellow metal or not. So let us tell you what the experts say about this. After improving relations and increasing trade between America and Russia, till now arch enemies, it is being estimated that next year the price of gold may range from Rs 90 thousand to Rs 1 lakh for 10 grams. Currently gold is being traded between Rs 1 lakh 40 thousand to Rs 1 lakh 80 thousand, and experts are of the opinion that it is better not to invest on a large scale.
In the last few days, the prices of gold and silver have increased so much that they have created a new record. But, if not as fast as the prices had increased, the price of gold is gradually falling. People who like gold are very happy with this. But, for those who are thinking of investing large amounts, a worrying news has emerged.
How is the international market?
International news agency Bloomberg has said that there are signs that the threat of Russia-Ukraine war is decreasing, after which Russia can continue its business in dollars only. It is being said that this is sure to have an impact on the rising prices of gold. Experts have also opined that Russia and America can sign a new trade agreement, which will include gold along with essential products like fossil fuel, natural gas, crude oil. If the rising price of gold suddenly falls, its price may even fall to half of the current price.
What is the condition of gold today?
The price of 10 grams of 24 carat gold on February 18, 2026 is Rs 1,53,430, which is approximately Rs 1,570 more than the previous day’s market price. At the same time, the price of 22 carat gold is Rs 1 lakh 40 thousand per ten grams. The price of gold in India is influenced by the international market, and the US dollar also affects it. Import duty on gold is also a major reason for fluctuations in its prices.
As usual, the price of gold in India is higher than in Dubai. The price of 24 carat gold in India is Rs 1,53,430, while in Dubai it is Rs 1,46,063. That means it is approximately Rs 7,347 less, which is a decrease of about 5.04%. Moreover, 22 carat and 18 carat gold prices are also higher in India compared to Dubai.
A fall in gold prices was expected. But according to US Federal Reserve Central Bank Governor Michelle Barr, the Central Bank will not change interest rates for a few more days. However, according to Chicago Fed President Austin Goolsbee, if inflation remains as expected later this year, several rate cuts can be expected.
At the same time, the price of gold has fallen in the Chinese market, and trading was closed due to Lunar New Year holidays. The reducing threat of war between America and Iran is also affecting gold prices. Depending on the progress of several international trade deals, gold prices will see fluctuations in the coming days. The price of gold will fluctuate according to federal policy. Experts are advising bulk investors to invest only keeping in mind the price of gold in the international market. It is better not to take any decision just by looking at the price of Indian gold.