Gold Continues Uptrend in India as Global Sentiment Turns Cautious

Gold prices in India edged higher today, driven by increasing global safe-haven demand and a softer U.S. dollar. Persistent geopolitical uncertainty, cautious investor sentiment, and expectations around global monetary policy are encouraging investors to move toward gold as a stable store of value.

Analysts say the decline in the U.S. dollar has supported bullion prices internationally, making gold cheaper for buyers holding other currencies and boosting overall demand. Alongside that, concerns over economic stability and market volatility have strengthened gold’s position as a preferred investment option.

In India, retail interest remains steady as consumers continue to view gold not only as a cultural asset but also as a long-term financial safeguard. Jewellery demand and investment-grade purchases are both witnessing positive traction, especially with the wedding and festive season contributing to sentiment.

Market observers believe that if global uncertainties persist and central banks maintain dovish signals, gold prices may continue to hold firm or even see further upside in the near term.