Gold is currently trading at around ₹1.45 lakh per 10 grams. Can prices reach ₹2 lakh by next Dhanteras? Ajay Kedia, MD & Director, Kedia Advisory, expects gold to break its previous high of ₹1.80 lakh and potentially move towards ₹1.95–2 lakh by next Diwali. He highlights gold's historical annualised returns of 12–13% over the past decade and believes the recent correction offers an attractive opportunity. While he remains bullish on gold compared with other asset classes, he cautions investors about continued market volatility amid global geopolitical and political uncertainties.
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