Has gold prices peaked? Pinetree's Ritesh Jain predicts prices to touch Rs 2 lakh in next 4-5 years, cites last 3 historic bull runs

Amid geopolitical tensions, gold prices have surged, prompting bullish forecasts. Ritesh Jain of Pinetree anticipates a continued bull run, drawing parallels to historical cycles where gold appreciated significantly. He projects potential prices of $7,000-$8,000, noting Indian households' substantial gold holdings and their recent outperformance compared to equity investments.