By Kamal K Sharma Yellow metal has always been very close to every Indian’s heart since ages, ever increasing price has added more glitter to Gold year after year. Below is last 100 years movement of gold prices from Rs. 18.75 in 1925 to present Rs. 1.20 lakh+ in 2025 Gold at 1.20 Lakh per 10 Grams is at all time high and remains a point of worry for many. Lets understand why there is sudden spike in gold prices in recent past. The high price of gold is driven by a combination of global economic & geopolitical factors that increase its importance as a safe asset and as a hedge against inflation. Below are few key factors that remain the reason behind this increasing Gold Prices at International level as well as in India Conflicts & Tarrifs Gold has a long-standing reputation as a safe store of value, which means investors flock to it during times of turbulence. Ongoing global conflicts like Russia – Ukraine war, political instability and trade disputes like tarrif uncertainity increase market fear hemce prompting Investors to seek the safety of Gold. Slowdown & Recession Fears Economic Uncertainty & Concerns over a global economic slowdown, potential recession, and a volatile stock market is encouraging Investors and Governments to shift capital from riskier assets into safe assets like gold. Governments buying in Volumes In recent times Central banks like RBI, Federal Reserve and many others around the world have been massive buyers of gold, which significantly consumes available stocks and boosts demand thats supports high prices. These banks have been consistently purchasing gold in high volumes to diversify their Reserves away from US Dollor. Increased Demand Supply and Demand Dynamics plays an important role in rising gold prices as well for a market like India, where