In a few months, Sona has fallen 21 percent from its all-time high, which is the right time to invest, Learn Here

The gold, which has yielded enormous returns for the past two years, disappeared in 2021. After the worst start of gold in the last 30 years, gold has fallen to 21 percent from its highest price in a few months. One of the big reasons for the gold decline this year is the strengthening of the US dollar and tightening bond yields. After the first stage of the corona period, the trend of investors moving into the stock market and cryptocurrency such as bitcoin also lost gold. The question now arises whether gold will become cheaper after such a downturn. Before we can answer this question, how should we know the price of gold?

Gold Price Latest: Gold is cheap before marriage, silver at Rs 1083

Gold prices depend heavily on demand and supply equation and geopolitical events, which affect the supply-demand equation. Gold is not like other asset groups that can be valued based on cash flow or intrinsic value. If you have invested in gold for a long time and do not plan to sell before 7-8 years, gold bonds are a good option.

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YearPrice (Rs / 10g)
20057000
20069000
200710800
200812500
200914500
201018000
201125000
201232000
201333000
201430000
201528700
201631000
201731400
201829000
201939000
202056254
202144789

Want to buy and sell gold on a regular basis, invest here

According to experts, it is worth investing in gold ETFs if you want to buy and sell gold on a regular basis to make a short-term profit. On the other hand, if you wish to adopt both of the methods mentioned above, you can consider the combination of bonds and ETFs to gradually increase the amount of gold in your portfolio. In this way, you have better liquidity (through ETFs) and higher returns (through bonds). If the yellow metal allocation in your portfolio is low, a drop in the current gold price is a good opportunity (5-15 percent) to increase the gold allocation in your portfolio.

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