Gold breaches 1-lakh mark as dollar index slides on tariff tension

Gold breaches 1-lakh mark as dollar index slides on tariff tension.


Gold prices surged past ₹1 lakh per 10 grams for the first time, driven by a weakening US dollar, rising trade tensions, and strong safe-haven demand. The rally mirrors the 2020 spike during COVID.

Analysts cite central bank buying, geopolitical uncertainty, and tariff disputes—especially between the US and China—as key drivers. With gold up 30% this year, experts expect the bullish trend to continue.

The dollar index has dropped to a three-year low.
President Trump’s push for rate cuts is adding pressure on the Fed.
China’s tariff retaliation is deepening global economic worries.
Reserve accumulation by central banks is at a 20-year high.
Gold remains a preferred hedge against global instability.


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