Gold price: Buy gold before marriage, now it is cheaper at Rs 9085, corona pandemic may raise prices further

Gold and silver are also rising in the fastest growing number of cases of corona. People are once again turning to gold as a safe investment. Investors are once again looking for gold, gold ETFs and bonds. 723 per 10 grams in the past week. For those who have a wedding in their homes and have not yet bought jewelry, this news is a bit troubling for them. However, gold is still cheaper than its all-time high of Rs 9085 per 10 grams, and in view of rising corona cases, its prices could touch just as last year. Similarly, silver is also cheaper than last year’s high of Rs 7198. Tell us that silver was expensive at Rs 1880 last week. On the other hand, if you talk about this year, gold is cheaper from Rs 2954 in the last three-and-a-half months and silver is expensive at Rs 1427. The data is taken from the website of India Bullions Jewelers Association

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Source: IBJA

Gold can reach Rs

Kedia Commodities Director Ajay Kedia says coronavirus infection is on the rise. Due to this uncertainty in the stock markets, real estate is also battered. This round seems to be safe gold for investors. Investors have moved toward gold, gold ETFs and bonds. This has led to gold prices rising. Last year, the rise in gold prices was due to locks, rising corona cases, low interest rates and the buying of central banks. This year the situation is more or less the same. Interest rates are still low. The rupee has been steadily weakening against the dollar. Another round of sanctions has begun around the world, with people turning to gold once more for safe investment. This will enable the gold to reach Rs.