Gold Prices Soar: Middle Class Under Pressure as Kolkata Sees Sharp Rise in 22-Carat Gold

• Gold prices are rapidly increasing, putting pressure on middle-class buyers, especially with the wedding season approaching.
• Rising international prices, dollar fluctuations, and geopolitical tensions are driving investor interest in gold.
• Increased demand during festive and wedding seasons also contributes to price hikes in the retail market.
• 22-carat and 24-carat gold prices in Kolkata have significantly risen, with 22-carat at 15,100 Rupees and 18-carat at 12,400 Rupees on January 25.
• Experts suggest staggered purchases, Gold ETFs, or digital gold as alternatives for investment amidst short-term fluctuations.