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Harsh Goenka’s Gold Analogy Trends as Prices Set New Highs

The car-to-gold comparison circulates as safe-haven demand lifts spot above $4,060.

Overview

  • Goenka’s tweet mapped 1 kg of gold to cars across decades, from a Maruti 800 in 1990 to a Land Rover in 2025, with a tongue-in-cheek line about a Rolls-Royce by 2030 and a private jet by 2040.
  • MCX Gold December futures were up 1.62% to ₹1,23,313 per 10 grams at 9:00 am on Monday, with silver futures higher as well.
  • Global spot gold topped a record $4,060 per ounce and logged an eighth straight weekly gain, with reports linking safe-haven flows to rising USChina tensions.
  • Online reaction ranged from enthusiasm about gold’s long-term role to cautions that broad euphoria can signal risk for late buyers.
  • Coverage underscored that the car and jet comparisons are illustrative rather than formal forecasts, while analyst views on future prices vary widely across firms.