Gold Prices Near Record Highs Amid Global Demand and Market Shifts

Gold prices remain elevated globally, driven by geopolitical tensions, fiscal uncertainties, and shifting financial dynamics. The World Gold Council reports record global demand exceeding 5,000 tonnes in 2025, with prices near historic highs and projections reaching up to $6,300 per ounce by year-end. In India, domestic prices stay robust despite widening discounts and reduced jewellery demand amid seasonal fluctuations. Meanwhile, China's gold market shows increased demand post-Lunar New Year, reflecting gold's continued safe-haven appeal across Asian markets.