Gold rate is Running uninterrupted. The sky was ticking. A record rally is being celebrated. This is really a shock for those who want to buy gold now. Silver is also running in gold. The silver is also shining.
Coronavirus is the major cause of the rising cost of milk. Concerns that this could have a negative impact on the international economy are continuing. This has led to increased demand for gold, which is considered a safe investment tool. Against this backdrop, the price of milk has hit the global market. It is also rallying in India.
Gold prices hit a new high in the MCX market. Gold futures rose 1.6 per cent to Rs 42,790 per 10 grams. Overall this week, the price of gold is hitting Rs 1,800. The price of silver also ran in the gold market. The price of silver futures rose to Rs 48,376
Even in the international market, gold has reached a 7-year high. The price of a cow rose 1.57 per cent to $ 1645.95 an ounce. The price of silver also ran in the gold market. Silver rose 0.75 percent to $ 18.45 an ounce.
Bullion market experts say gold prices are likely to rise further in the coming days. Several international positives, including the corona virus, have contributed to the run-up to the disease. If the Indian rupee weakens in comparison to the US dollar domestically, that factor may be due to the green lightning. “It is not surprising that gold prices will hit the Rs 45,000 mark in the coming period,” he said.
The price of gold will never go up. Nor does it always come down. The price of gold is declining and increasing in line with the conditions. It can also be stable in some cases. There are many factors that affect the price of gold. Inflation, global market price changes, gold reserves at the central banks, interest rates, jewelry market, geopolitical tensions, trade wars are all factors affecting the price of the child.
Gold prices have been running since early 2020. The price of toddlers in the international market has increased by 7 per cent so far this year. The same trend is seen in the domestic market. The price of silver is also shining. Experts say gold prices are moving upward as Indian rupee weakens against the US dollar, including rising demand in the domestic market.
The gold price in the domestic market hit more than 25% last year. This is mainly due to the increase in import tariffs on gold, the weakening of the Indian Rupee against the US dollar, and the slump in the international market.