Investors are rushing to safe haven gold amid uncertainties in the global markets.
Market Analyst
Key Facts
- Gold has delivered 25% returns year-on-year since January 2025, with some measures showing a 40% increase.
- Gold investment demand surged 170% YoY in the March quarter, increasing by 552 tonnes according to Motilal Oswal Private.
- Gold futures contracts for June 5 delivery rose 1.7% on June 2, hitting an intraday high of ₹97,505 per 10 gm.
- Investors in major Indian cities including Mumbai, Hyderabad, Chennai, Delhi, Kolkata, and Bengaluru are rushing to buy gold as a safe haven amid global market uncertainties as of June 3.
Key Stats at a Glance
Gold year-on-year returns since January 2025
25%
Higher measure of gold year-on-year returns since January 2025
40%
Gold investment demand increase in March quarter
552 tonnes
Gold investment demand increase percentage in March quarter
170%
Gold futures contracts price increase on June 2
1.7%
Intraday high price of gold futures on June 2
₹97,505/10 gm