Gold to Hit ₹3 Lakh? Expert Predicts $10,000/Ounce by 2029, S&P 500 Also Soars

• Market strategist Ed Yardeni predicts gold and S&P 500 will reach $10,000/ounce and 10,000 respectively by end of 2029.
• If gold hits $10,000/ounce, it could translate to ₹3.1-₹3.3 lakh per 10 grams in India, a 4-5x increase from current prices.
• Gold's current surge (67% this year) is driven by geopolitical tensions, central bank buying, weaker dollar, and rate cut expectations.
• Yardeni sees India as a preferred investment over China, with 2026 potentially better for Indian markets after 2025 consolidation.
• This forecast presents a massive wealth creation opportunity for investors, while making gold less accessible for common buyers.

Why It Matters: Expert predicts gold could reach ₹3 lakh per 10 grams by 2029, offering huge investor gains.