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Gold Price Forecast: Will 10 Grams of Gold Reach ₹3 Lakh and When?
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Gold at ₹3 Lakh/10g? Experts Predict Super-Cycle Amid Global Shifts
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CNBC Awaaz
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12-03-2026, 17:16
Gold at ₹3 Lakh/10g? Experts Predict Super-Cycle Amid Global Shifts
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Gold prices in India could surge to ₹2.7-₹3.1 lakh per 10 grams if international rates hit $10,000 per ounce.
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Market expert Chantelle Schieven projects gold reaching $10,000/ounce in 2-3 years, or by 2029.
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Key drivers include rising global debt, geopolitical tensions (Russia-Ukraine, Middle East), and declining trust in the dollar.
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Central banks and investors are increasingly turning to gold as a safe-haven asset due to global economic uncertainty and de-globalization.
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Despite high volatility, long-term gold investors are benefiting, with low risk of prices falling below $5,000/ounce.
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