1kg gold’s will be equivalent to that of private jet:RPG Group, chairman, Goenka, makes a gold car prices comparison right from 1990 to 2030

This year so far, gold prices have increased by about ₹50,000. On December 31, 2024, 10 grams of 24-carat gold was ₹76,000 which has now reached ₹1.26 lakh. In this context, RPG Group Chairman Harsh Goenka made a comparison of 1 kg gold and price of a car in a post. According to Goenka, in 1990 the value of 1 kg gold was equal to a Maruti 800 car and in 2025 it has reached the level of luxury cars like Land Rover. Decoding Goenka’s post: Lesson: Keep 1 kg gold – by 2030 it could be equal to a Rolls Royce car and by 2040 equal to a private jet. Goenka’s post has gone viral on social media. Today gold prices increased by ₹640 to reach ₹1,26,792 According to the India Bullion and Jewelers Association (IBJA), today the price of 10 grams of 24 carat gold increased by ₹640 to reach ₹1,26,792. Yesterday it was at ₹1,26,152. Three major reasons for the surge in gold prices Gold could reach ₹1.55 lakh Goldman Sachs has set a target of $5,000 per ounce for gold by next year in one of its reports. At current exchange rates, this would be approximately ₹1.55 lakh per 10 grams. Meanwhile, brokerage firm PL Capital has given a target of ₹1.44 lakh for gold.