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Varun Bhambhani

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Medial • 3h

Gold has reached a historic milestone in India, touching ₹1,44,600 per 10 grams. This surge reflects more than jewelry demand. It signals a global pivot toward safe-haven assets as investors hedge against inflation, currency volatility, and uncertain monetary policies. As central banks slow their easing pace, tangible assets like gold are back in focus. For India, this rally is a mixed blessing. It boosts household wealth held in gold but adds pressure on imports and could soften jewelry demand. The question now is whether this is a long-term structural shift toward gold as a global hedge or a short-term reaction to macroeconomic uncertainty.

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