EduInvesting.in | May 13, 2025 – Safe Haven or Sinking Ship?
Gold just hit an all-time high — ₹90,000 per 10 grams in India and $3,080/oz globally — and every uncle at the jewelry store was whispering “beta abhi le lo, aur mehenga hoga.”
But wait… a US-based Morningstar analyst just showed up with a forecast so brutal, it could melt your gold chain:
“Gold could fall 38–40% in the coming years.”
Yes. You read that right. From ₹90,000 to ₹55,000.
And now your family WhatsApp group is suddenly silent.
📊 What’s Behind This Bold Prediction?
John Mills, strategist at Morningstar, dropped a bombshell outlook:
- Gold could fall from $3,080 to $1,820 per ounce globally
- In India, that would mean a collapse from ₹90,000 to ~₹55,000 per 10g
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