🪙 Gold May Hit ₹1.9 Lakh per 10 gm, Says World Gold Council

The World Gold Council (WGC) chief says gold’s long bull run shows little sign of slowing and could push prices toward ₹1.9 lakh per 10 grams (around $6,000 per ounce) in the near future, driven by fundamental global demand factors.

WGC CEO David Tait projects elevated prices likely through 2026, with strong structural demand.

Price rally is backed by global forces like deregulation in China, generational wealth shifts in Japan, and growing ETF adoption.

Gold has already risen sharply, trading up ~60% year‑on‑year in global markets.

Sustained high prices reflect gold’s status as a safe‑haven asset amid economic uncertainty and inflation concerns, attracting both traditional and institutional investors.

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