Gold Price Shock: US Economist Predicts ₹3 Lakh/10g, $10,000/oz by 2029

• American economist Ed Yardeni forecasts a significant surge in gold prices by the end of this decade.
• Gold could reach ₹3.08 lakh per 10 grams in India and $10,000 per ounce globally by 2029.
• Current global price is around $4,400 per ounce, with Indian price at ₹1.41 lakh per 10 grams.
• Reasons include expected US Fed interest rate cuts, gold's safe-haven status amid global volatility, and increased investor interest.
• Yardeni also predicts a rise in the S&P 500, with the tech sector leading due to AI advancements.

Why It Matters: Hold onto gold; a US economist forecasts prices to exceed ₹3 lakh/10g and $10,000/oz by 2029.