Gold Prices on the Rise: What You Need to Know
If you do not track the charts, let me bring this to you and prepare your pockets!
Did you know that the gold prices on the Comex exchange in New York are expected to hit a new high? According to a report and analysis, the prices are going to touch a whopping USD 3,600 per troy ounce by the end of 2025.
Back on 7 August, the gold price on Comex Exchange broke records; gold touched USD 3,534.10. It defeated its own record of the previous peak that was USD 3,509.90 back in April.
If you are wondering, what exactly is a troy ounce?
A troy ounce is a special unit used to measure just precious metals. These metals are gold and silver. One troy ounce equals about 31.1 grams, slightly heavier than the regular ounce we usually hear about.
Comex stands for Commodity Exchange and is the main market for New York to trade metals like gold and silver. In India, a similar marketplace called the Multi Commodity Exchange (MCX) plays a big role, helping Indian investors keep up with global metal prices. These markets are always interdependent, and the price of precious metals fluctuates in direct connection.
Factors Driving Gold’s Surge
Ventura’s head of commodities, NS Ramaswamy, explained the forces behind this surge.
“Gold’s strategic role in portfolios has strengthened as investors navigate an era of slower global growth, policy uncertainty, and elevated geopolitical risks. With inflationary pressures, a softening US dollar, and anticipated US Fed rate cuts, we see sustained upside potential in gold prices through the remainder of 2025. Our analysis indicates Comex Gold could test the USD 3,600 mark by year-end, supported by strong ETF inflows, steady central bank buying, and robust retail participation in India’s gold investment market,” he said.
Digital Gold Investment Booms In India
- Gold Exchange Traded Funds (ETFs) holdings rose by 42% year-on-year to 66.68 tons as of June 30, 2025.
- Assets Under Management (AUM) of gold ETFs jumped 88% to Rs. 64,777 crore.
- Number of investor accounts increased by 41% to 76.54 lakh.
- Younger investors, especially Gen Z, are driving the shift from traditional jewellery buying to digital gold investments.
- Growth is supported by fractional ownership models and fintech platforms making gold investing easier and more accessible.
According to report in ANI, On the global front, demand for gold stood firm in the second quarter of 2025 at 1,249 tons, reflecting a 3 per cent year-on-year rise. Investment demand and ETF inflows offset weaker jewellery sales. Central banks continued their gold purchases, lifting global reserves to 36,345 tons, with India’s holdings at 880 tons.
Gold has remained a resilient investment over the past two decades, delivering positive annual returns in 14 out of 20 years. In the last three years alone, gold has yielded average annual returns of 23 per cent, significantly higher than the Nifty 50’s 11 per cent.
(With Inputs From ANI)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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