Year-ender 2024: Gold outshines Sensex and Nifty with 20% returns, but 2025 may be different. Here’s why

Gold prices have surged for seven consecutive quarters, driven by global economic shifts, geopolitical tensions, and increased investment demand, ICRA noted. This fiscal, average gold prices have risen 25% compared to FY2024, despite minor corrections. However it is up against formidable challenges in the form of strengthening US dollar and cryptocurrencies in 2025 and one should expect moderate gains, opined experts.