Whalesbook
Abhi halaki market mein domestic gold prices 81% tak badh gayi hain, matlab abhi ₹151,108 per 10 grams ho gaya hai, phir bhi logon ne gold khareedna kam nahi kiya. Aisa isliye ho raha hai kyunki investors ko pata hai ki yeh time safe investment ka hai.
Sabse interesting baat yeh hai ki jewelry ki demand volume mein 19% kam ho gayi hai, lekin gold bars, coins, aur ETFs jaisi investment cheezon ki demand 54% badh gayi hai, 82 tonnes tak pahunch gayi hai. Matlab ab log pehenne ke liye nahi, future ki chinta mein gold kharid rahe hain.
Iska reason global markets mein chal rahi tension, especially West Asia mein, aur apne Indian Rupee ka girna bhi hai. Rupee pichhle saal lagbhag 12.20% gir chuka hai aur dollar ke muqable 95.09 ke aas paas chal raha hai.
Ab yeh sab India ke liye thoda headache ban sakta hai. Kyunki India 80% se zyada gold import karta hai, toh is demand surge se Q1 mein imports 39% badh gaye, lagbhag 196.4 tonnes ho gaye. Poore FY26 mein bhi gold imports 24% value badhkar record $71.98 billion ho gaye. Isse trade deficit bhi badh raha hai, jo December 2025 quarter mein 1.3% of GDP tha.
Government ne koshish ki hai ki logon ke gharon mein pade estimated 20,000 se 30,000 tonnes gold ko monetize kiya jaye, par koi khaas success nahi mila. Pehle ke schemes jaise GMS mein logon ka trust nahi bana, testing, procedure aur returns ki wajah se. 2023 tak reports ke mutabik sirf 25 tonnes mobilize ho paye the.
Toh abhi ke liye toh investors apni wealth bachane ke liye gold le rahe hain, par isse import bill badh raha hai. Aur jab tak yeh monetization schemes properly nahi chalti, India ko gold import par hi depend karna padega. Equity market bhi 9.3% down hai aur FIIs paisa nikal rahe hain, isliye bhi log safe bet dhoondh rahe hain.