Gold prices have surged 28% in dollar terms, crossing ₹1 lakh per 10g in India
US tariff policy, inflation risks, and macro uncertainty fuel gold demand globally
Central banks boost gold reserves; India’s households hold ~25,000 tonnes
Prices may swing further due to tariff wars, inflation, and US policy shifts
Volatile gold prices pressure inventories, profitability, and pricing strategies
Gold loans hit ₹10 trillion; RBI proposes curbs to avoid loan defaults