Gold Will Be Cheaper By Rs 19000; Know The Detailed Information !
Gold Will Be Cheaper By Rs 19000 – The price of gold is increasing day by day. Due to this, the pockets of buyers are getting hit hard. When will the price of gold come down? This question is being raised. Meanwhile, currently the price of gold in India has crossed Rs 1 lakh per 10 grams. But now it has fallen by about Rs 7 to 8 thousand. Therefore, in the next 4 to 6 months, the price of gold may fall by about Rs 19,000 from its all-time high. You also read this 22K vs 18K Which gold is better for jewellery
Gold price will reach Rs 80,000 in the next 4 to 6 months
According to experts, the price of gold can reach Rs 80,000 in the next 4 to 6 months. The price of 10 grams of gold is seen between Rs 80,000 and Rs 85,000. There has been a huge increase in the price of gold after US President Donald Trump imposed tariffs. However, the US President’s stance changed slightly, and global tensions started to stabilize, due to which gold prices also fell. According to experts, in the coming time, gold prices can reach Rs 80,000 per 10 grams.
What is the reason for the price drop?
According to experts, gold prices have been increasing year after year. In January, gold has given a return of about 21 percent. In a year, it has given a return of about 32 percent. There are many reasons behind this, which were supporting gold. Gold prices had increased due to global tensions and geopolitical factors. Now global tensions are seen decreasing. America is trying to bring about a permanent ceasefire between Russia and Ukraine. In such a situation, the support for gold prices has decreased. Due to this, the price is decreasing, and it is likely to decrease further.
What is the current price of gold?
Currently, the price of gold on MCX is Rs 92700 per 10 grams. The price of gold is trading at Rs 92700 per 10 grams with an increase of Rs 62. Meanwhile, the price of gold is expected to fall in the next four to six months. Due to this, buyers are likely to get a big relief. Gold prices have been continuously increasing for the last few days. This is taking a big hit on gold buyers. Therefore, the question was asked, when will the price come down?
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