Rising inflation; But do not fail to invest in gold ..!

by time news
The price of gold is rising day by day due to the impact of the corona, the echo of the Ukraine-Russia war and many more. Eight grams of jewelery gold currently sells for Rs 41,752 in India. Today it has increased by another 80 rupees. Rising inflation in the United States has now severely affected international gold trading.

Last May, inflation in the United States was 8.6 percent, the highest in 40 years. Both US inflation and gold prices have risen and fallen over the past 40 years. But equity investments have yielded better returns than gold investments over the last 40 years compared to mutual investments.

Investors in gold have survived even as US inflation (CPI) has risen several times before due to the recession. So even though international gold prices are rising day by day, investing in gold is good for your future, say economists. Those who want to invest in gold in India also say they can do it generously.

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