06 Oct 2025 | 3 Mins Read

India-Turkey tensions may boost gold price to ₹1.25 lakh by Diwali

Flipitmoney

Gold prices have surged nearly 50% in a year, outperforming major indices, driven by central bank purchases, geopolitical tensions, and safe-haven demand. Analysts predict gold may touch ₹1.25 lakh by Diwali, but this appears unlikely without global drivers. Current prices may enter a consolidation phase or see profit-taking at elevated levels.