- Will gold price reach ₹2 lakh in future?
- Gold price will increase by 20 percent in 2026
- Effects of war on other factors
Gold Price Today: The ongoing war between America and Iran will also affect the price of gold. The current situation in the Arab countries will once again bring about a huge movement in the market. So that investors can make safe investments. As a result, gold prices are expected to increase. Now the question is: Will gold prices reach ₹2 lakh in future?
‘These’ major daily rules will change in early March; What is the effect on the pocket of common people?
What do the experts think?
Harish V, Head of Commodity Research, Geojit Investments, says, “If the situation continues and there is no improvement, gold prices may touch $6,000 per ounce or Rs 200,000 in the domestic market. All this will depend on how long this war lasts.” Speaking to Mint, Harish adds that silver prices may go above $100.
Gold price will increase by 20 percent in 2026
Gold prices are up 20 percent so far this year. Gold prices have been rising for seven consecutive months. For the first time since 1973, gold prices have continued to rise.
What was the rate of gold on March 1?
On Sunday, the price of gold in Mumbai was Rs 1,62,180. Meanwhile, the price of 22 carat gold was Rs 148,665 per 10 grams. On Friday, February 27, the MCX gold futures contract was at Rs 1,62,104 per 10 grams. The May futures contract of silver was up 5.48 percent at 1282,664 per kg.
Gold and silver prices will increase
If the ongoing war between the US, Israel and Iran does not end soon, market uncertainty will increase. This may cause gold and silver prices to rise again. Because gold and silver prices are based on geopolitical tensions as well as global economic developments. Commodity and currency expert Anuj Gupta has also predicted a rise in gold and silver prices after the market opens on Monday.
Effects of war on other factors
The repercussions of the US and Israel’s military attacks on Iran are now beginning to affect global air traffic. The conflict has threatened security in the Middle East, and air services in the region have been completely disrupted since Saturday. Major routes connecting Europe, Africa and Asia have been closed as many countries have closed their airspace. As a result, more than 1,800 flights from various countries have been canceled and thousands of passengers have been stranded at various airports.
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