Quant Mutual Fund has issued a forecast indicating that gold prices may have peaked and may correct by 12-15% in dollar terms in the next two months.
There has been a tremendous increase in the price of gold in the last few times, due to which gold has crossed Rs 97000 per 10 grams. The price of 24-carat gold in the Indian bullion market is Rs 99,920 per 10 grams. At the same time, the price of 22-carat gold is Rs 88,817 per 10 grams. Meanwhile, Quant Mutual Fund has predicted that gold has reached its peak and it will fall from here.
Year wise gold rates in India
*Note: The 2025 price is as of June 4, 2025.
| Year | Price (INR) | Year | Price (INR) | Year | Price (INR) |
|---|---|---|---|---|---|
| 1950 | ₹99 | 1975 | ₹540 | 2000 | ₹4,400 |
| 1951 | ₹98 | 1976 | ₹432 | 2001 | ₹4,300 |
| 1952 | ₹76 | 1977 | ₹486 | 2002 | ₹4,990 |
| 1953 | ₹73 | 1978 | ₹685 | 2003 | ₹5,600 |
| 1954 | ₹77 | 1979 | ₹937 | 2004 | ₹5,850 |
| 1955 | ₹79 | 1980 | ₹1,330 | 2005 | ₹7,000 |
| 1956 | ₹90 | 1981 | ₹1,800 | 2006 | ₹8,400 |
| 1957 | ₹90 | 1982 | ₹1,645 | 2007 | ₹9,428 |
| 1958 | ₹95 | 1983 | ₹1,800 | 2008 | ₹12,361 |
| 1959 | ₹102 | 1984 | ₹1,970 | 2009 | ₹15,417 |
| 1960 | ₹111 | 1985 | ₹2,130 | 2010 | ₹18,448 |
| 1961 | ₹119 | 1986 | ₹2,140 | 2011 | ₹24,130 |
| 1962 | ₹119 | 1987 | ₹2,570 | 2012 | ₹29,926 |
| 1963 | ₹97 | 1988 | ₹3,130 | 2013 | ₹28,848 |
| 1964 | ₹63 | 1989 | ₹3,140 | 2014 | ₹27,708 |
| 1965 | ₹72 | 1990 | ₹3,200 | 2015 | ₹26,671 |
| 1966 | ₹84 | 1991 | ₹3,466 | 2016 | ₹30,128 |
| 1967 | ₹102 | 1992 | ₹4,334 | 2017 | ₹29,174 |
| 1968 | ₹162 | 1993 | ₹4,140 | 2018 | ₹30,692 |
| 1969 | ₹176 | 1994 | ₹4,598 | 2019 | ₹35,154 |
| 1970 | ₹184 | 1995 | ₹4,680 | 2020 | ₹47,562 |
| 1971 | ₹193 | 1996 | ₹5,160 | 2021 | ₹47,437 |
| 1972 | ₹202 | 1997 | ₹4,725 | 2022 | ₹51,249 |
| 1973 | ₹278 | 1998 | ₹4,045 | 2023 | ₹58,836 |
| 1974 | ₹506 | 1999 | ₹4,234 | 2024 | ₹77,000 |
| 2025 | ₹99,920 |
Quant Mutual Fund has issued a forecast indicating that gold prices may have peaked and may fall by 12-15% in dollar terms in the next two months, then one can buy and add some more gold to the portfolio for investment purpose. Despite this short-term outlook, the fund remains optimistic about the medium and long-term prospects for gold, suggesting that it should still be an important part of investment portfolios.
Further, the fund expects the month of June to be a bullish month for crude oil, with potential gains of 10-12%, especially if risks to emerging markets ease. The Fund’s analysis shows that global equity markets have declined recently and challenges remain for global and US equities over the medium term. But liquidity remains strong globally. The DXY index appears to be stabilizing after a substantial correction since January, with a potential uptrend expected.
Quant Mutual Funds may find selective buying opportunities in sectors such as PSU, infrastructure, hotels & hospitality, pharmaceuticals, materials, retail and telecom. The fund’s ‘Predictive Analytics’ models are predicting the end of the correction phase in Indian equities and expecting an uptrend.
The dollar index may also stabilize. In such a situation, a fall in the price of gold is expected. Quant Mutual Fund said that investors across the globe and in India should keep their portfolio mixed.
Talking about the price of gold on MCX, today it was at Rs 97805 per 10 grams. While the price of silver was above Rs 1 lakh. Today the price of gold also fell by Rs 150 and the price of silver fell by Rs 80.
