Gold Price: Gold is falling! On Tuesday, the lotus price fell again, the rupee fell.
Gold is falling! As a result of the rise in the ‘grandfathering’ of the US dollar.
As the dollar becomes more expensive, the price of gold is dropping, experts say. So there is no gold in gold two weeks before Puja. Price. Gold prices have plummeted. Monday after Tuesday. Puka and jewelry, two kinds of gold.
Experts say that this time the price of gold has fallen throughout September, with the exception of two or four days in between. As a result, there may be a rush to buy gold before Puja.
On Monday, the price of gold per 10 grams (24 carats) fell to 47,450 rupees. The price was 150 rupees less than last week. Yellow metal prices fell further on Tuesday. Reached 46 thousand 162 rupees. Kamal is more than two thousand rupees more than the previous day.
However, the slowdown may stop soon, experts say. So they say, “Now is the right time to invest in gold.”
Read more: Amazon Great Indian Festival kicks off before Puja, attractive discounts
Last year, the price of gold per 10 grams (24 carats) rose above Rs 56,000 per day. As a result, the price of gold on Tuesday is more than 10,200 rupees.
Not only gold, but also silver prices have continued to decline this September. On Monday, however, silver prices rose slightly from the previous week. But on Tuesday, the price of one kilogram of silver in Kolkata fell by 70,361 rupees.
Experts say that even a few months ago, the price of gold in India was skyrocketing. The price of turmeric was above Rs 50,000 per 10 grams in different cities of the country. The United States has not made much of a profit in this corollary. Because, not jewelry or metallic gold, the price went up as its demand for investment increased. As a result, the pressure on the buyer also increased. Now that the festive season is approaching, the demand for gold from retailers is increasing. Prices are now 12 percent lower than ever. As a result, the demand for gold and jewelry from buyers has increased. Retailers are considering filling up stocks before the festive season. As a result, the demand and import of gold is increasing. And that is the downward gold. However, if the demand is too high during the festival, the price may go up again. That’s why market experts think this is the right time to buy gold.