Gold Crosses 1.6 Lakh: Buy Now or Wait? Experts Weigh In on Record Prices

• Gold and silver prices have reached an all-time high, with spot gold hitting $5,042.98 per ounce internationally.
• Gold prices surged by 64% in 2025, the largest hike in a decade, exceeding 1.62 lakh per 10 grams on MCX in India.
• Rising global tensions, a weakening US dollar, and continuous gold purchases by central banks are key drivers for the price increase.
• Gold ETFs have seen nearly 20% growth this year, indicating renewed investor interest in gold as a safe haven.
• Experts suggest buying in small quantities for essential needs; investors can consider digital gold, Gold ETFs, or Sovereign Gold Bonds for long-term investment.

Why It Matters: Gold prices are at a record high due to global factors; experts advise cautious buying and alternative investment options.