Introduction:
Samvat 2081 is shaping up to be an exciting year for gold investors. With the new financial year marking
a fresh start for investors in the Hindu calendar, coinciding with the auspicious festival of Diwali, experts
have high expectations for gold’s performance in this period. After a strong showing in Samvat 2080,
gold is set to deliver an impressive return, with analysts forecasting gains of 15-18% in the coming year.
This blog post takes a closer look at the reasons behind this positive outlook and why Samvat 2081 is
crucial for Indian investors.
Financial Performance:
Gold’s performance in Samvat 2080 (October 2023 to October 2024) was nothing short of stellar. The
precious metal delivered over 30% returns, outperforming many asset classes, including the Nifty index,
which saw a 25% return. This strong performance was driven by geopolitical tensions and escalating
global conflicts, which boosted gold’s position as a safe-haven asset. The interest rate cycle in major
economies also played a crucial role in supporting the price of gold, making it a preferred investment
during uncertain times. As of October 29, 2023, the price of gold surged by 35%, reaching Rs 61,200 per
10 grams, with continued momentum through the year.
News in Brief:
Samvat 2081 (October 2024 to October 2025) marks an important period for Indian investors, not only
due to its symbolic start of the new financial year but also because of the optimistic outlook for gold.
Experts predict a stellar performance for the precious metal, with a potential return of 15-18%. Analysts
point to several key factors, such as positive economic indicators and safe-haven demand, which are
expected to drive this growth. The potential for further gains may also be influenced by a reduction in
import duties, continuing the strong buying momentum seen in the previous year.
Market Outlook:
The outlook for gold in Samvat 2081 remains largely bullish. Experts like Jateen Trivedi, Vice President of
Research for Commodities and Currency at LKP Securities, expect a base performance of 10% in gold’s
price but foresee the possibility of 15-18% returns. This positive outlook could materialize if the import
duty cut continues to incentivize buying, or if gold benefits from a stable interest rate environment.
However, any increase in import duties could still push gold’s performance higher than expected,
potentially surpassing the 15% gain mark.
The market sentiment remains positive with sustained demand, and there is potential for further buying
from exchange-traded fund (ETF) investors as central banks continue their purchases. With this
momentum in play, the gold market is expected to maintain its steady growth in the coming year.
Conclusion:
As Samvat 2081 unfolds, gold remains a key asset for investors looking for stable returns amidst global
uncertainties. With analysts predicting solid returns of 15-18% and experts emphasizing the role of
global factors such as economic stability and import duties, gold is poised to continue its strong
performance. Investors can expect a promising year ahead, making it a crucial time to stay informed and
consider the potential of gold as part of a diversified portfolio. The performance of the metal in Samvat2080 has set a strong foundation for this positive outlook, and it’s clear that gold will remain a valuable
asset in the coming year.