Unlocking the Potential: Why Gold Might Hit ₹100,000 in 2 Years - A Golden Opportunity for Financial Markets & Trading Enthusiasts

Understand the Fundamental & Pricing Reason for 
GOLD PRICE SURGE 

Thu Mar 21, 2024

Are you inundated with queries like "Will gold prices rise?" 
Especially from your family and friends, who eagerly inquire, "Will gold prices go up?".
It's a common concern among Indians, who tend to favor investing in gold or property over other financial instruments like equity, bonds, or fixed deposits. 
But let's delve into the recent rollercoaster ride of gold prices: from ₹63,000 to ₹50,000 and then back up to ₹60,000 within just four years.

‘Because gold is honest money it is disliked by dishonest men.’

-Ron Paul

I know my bold claim might sound daunting, but hear me out. And it's not a mere hunch; it's backed by thorough research.

Gold could reach ₹100,000 within the next two years

  • Contrarian Thinking: Amidst the buzz surrounding the equity bubble and soaring stock market highs over the past 52 weeks, the question arises: What happens when the market takes a tumble? For big institutions seeking security, cash is an option, but gold offers potential appreciation. Cast your mind back to the pre-COVID era when optimism reigned supreme, only to be swiftly dashed within a month. Interestingly, amidst the chaos, gold remained a silent hero, yielding impressive returns of up to 50.5% from August '19 to July '20. While equity investors were lured by rosy economic forecasts, astute elite investors recognized the looming bubble long before the average retail investor could fathom.
  • The Federal Reserve's Influence: Keep an eye on the stance of the US Federal Reserve (Fed). If they opt to slash interest rates due to lower inflation rates, it could trigger a surge in gold prices. Lower interest rates make gold, a non-yielding asset, more appealing to investors.
  • Geopolitical Uncertainties: Heightened tensions across the globe, especially in regions like the Middle East, tend to bolster gold prices. In uncertain times, gold emerges as a safe haven asset, shielding investors from volatility and inflation.
  • Hedge Against Inflation: When governments resort to printing more money to stimulate economies during crises, inflation tends to rear its head. Gold, being a limited resource, serves as a hedge against inflation, maintaining its value over time.

After understanding the fundamentals, it's clear that there are numerous factors driving gold prices up. But is now the right time to buy? 

Absolutely!

Gold historically thrives during crises, often following prolonged bull runs in equity markets. Over the past 13 months, equity markets have rallied strongly, with regulatory institutions focusing on lowering risk for retail participants. Let's take a look back to 2019, where the last price rally saw a remarkable 48% increase.

Following this rally, gold prices remained relatively flat. However, a significant breakout has occurred since October, with gold up by an impressive 16%.

Now, we can expect prices to touch 45% from their 2020 high of ₹66,000 – that's ₹90,000, a substantial 35% increase.

Don't miss out on this opportunity like many did during the last Bull Run!!!

Seize the moment and invest in gold today to secure your financial future.

Ready to take control of your financial future? 

Schedule a complimentary consultancy session with us today. 

Secure your free consultation now and embark on the path to financial success.

Karthik Rao
NISM Certified, Financial Consultant, Decade Experience in Wealth Creation

Mission to Help 1 Lakh Family to become Dollar Millionaire

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