Despite a short-term dip in global gold prices, long-term projections suggest gold could reach between ₹4.21 lakh to ₹6 lakh per tola by 2036. Factors like inflation, weakening of the Indian Rupee against the Dollar, and geopolitical tensions are driving this trend. Central banks worldwide, including the RBI, are increasing gold reserves to reduce dollar dependency, while limited mining supply continues to push demand and prices upward.
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