While the stock market and the currency market have been volatile in February due to war tensions between Russia and Ukraine, gold alone has offered its investors a 5% return. Meanwhile, the Dow Jones market fell 6.2%. Sensex down 2% Similarly, various stock markets around the world have experienced declines.
The US Federal Reserve is expected to raise interest rates after April. If interest rates are raised in such a way, the demand for gold is likely to fall and its price to fall.
On January 1 this year, the price of a gram of jewelery gold was Rs 4,925; However, on the 22nd of this month it has risen to Rs.5,085.
Experts in the field say that gold has given a good return in the long run and will continue to do so in the future.