New Delhi, July 5 -- Local gold prices in the country are expected to maintain an upside bias in the second half of 2025, potentially moving from the current range of Rs 96,500-Rs 98,500 per 10 grams toward the psychologically significant Rs 1,00,000 mark, according to a report by ICICI Bank Global Markets.

Contrary to the global trend, domestic gold prices grew by 0.6 per cent in June, driven by a mild INR depreciation of 0.2 per cent.

"Local gold prices are expected to continue trading with an upside bias moving from a near-term range of Rs 96,500 to Rs 98,500 per ten grams to Rs 98,500 per ten grams to the Rs 100,000 per ten grams range in H22025," the report added.

In volume terms, gold imports have fallen on a sequential basis, sh...