Recently gold prices have increased unprecedented and gold prices have increased by 27 percent in 2025 alone, causing a significant decline in the purchase of jewelery.
The main demand for the jewelery market is due to wedding shopping, but this year there has been a huge decline in sales, as people have decided to buy less jewelery and have given priority to light weight jewelery. Usually, gold jewelery is the highest sales on the lasts, but since the prices have increased significantly, sales are expected to decline a drastic drop this year. This year Akhtriya is on 30 April. On Monday, the price of gold reached a record level of Rs 99,500 per 10 grams in the local market of Ahmedabad. Given the current price of gold, this year the sales of gold are unlikely to be as big as the quantity of gold, but experts expect gold jewelery to be sold in large quantities. Experts say that since gold prices are at the historical level, people are no longer able to buy gold and because of this people are now buying low weight jewelery for weddings.
Gold expected to get the highest returns in four decades in 2024-25
Gold prices increased by 39.75 percent in 2024-25, while in 2025 these prices have increased by 27 percent so far. The returns given by gold in 2024-25 were the highest returns given in any one year in the last four decades. The leading global bank Goldman Sachs has expressed the possibility that if the existing global uncertainty reaches the peak, gold prices may reach $ 3,700 an ounce by the end of this year.
Now the boom will move slowly. According to experts, the price of gold will now move slowly and once the price of gold in the international market will touch $ 3,520 an ounce, gold is likely to fall and the price may fall to a level of $ 2,700 an ounce. This approach is being expressed on the basis of technical chart. However, the future of gold prices will depend on factors such as uncertainties arising from business war, tension in the Middle East and Russia-Ukraine war.
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