2024-03-31 08:11:11
New Delhi: There is a continuous rise in the prices of gold. Last Friday, gold created a new record by trading above Rs 68,000. On Friday, the price of 999 gold per ten grams reached Rs 68150. After the statement of cutting interest rates by the US Fed, it is continuously making new records of growth. Gold prices are at record high. According to market experts, a rise in gold prices may be seen in the coming days. Due to this, by the end of this year, gold can go up to Rs 70 thousand per 10 grams. At the same time, silver can also reach Rs 75 thousand per kg. Even after the record high in gold, there is still an opportunity to invest. Experts are predicting further rise in gold price in the coming time. According to experts, at the beginning of the year 2023, gold was at Rs 54,867 per gram, which reached Rs 63,246 per gram on December 31. That means in the year 2023, its price had increased by about 16% to Rs 8,379. At the same time, silver also increased from Rs 68,092 to Rs 73,395 per kg.Gold Silver Price Today: Record rise in gold, crossed 68 thousand, know how far the rate reached
the momentum will continue
Naveen Mathur, Commodity-Currency Director of Anand Rathi Shares and Stock Brokers, said that the rise in gold prices will continue in future also. According to Naveen Mathur, now gold can be seen at $2300. Yes, this can also lead to a fall. It can also go to $2150. The advice for investors and buyers is not to enter into this rush, but to buy gradually instead of investing all at once. If gold prices fall to $150, buyers may get an opportunity. Because there is an upward trend in gold ahead.
Multibagger Stock: This share of just Rs 3 made investors millionaires, investment tripled in last 9 months
Got great returns
This year has been profitable for gold investors. GJC Chairman Sanyam Mehra said that the price of gold in the international market has increased by more than 13.2 percent. Gold prices in the Indian market will also get support from geo-political and record purchases by central banks. The price of gold is expected to increase further.