Gold Price: The price of gold will not stop here, the price of gold may increase further. Gold prices may reach a new record high.
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| trending desk
Kolkata, West Bengal
Last Updated : April 22, 2024, 2:05 pm IST
Gold prices rose after political tensions and data from the US Federal Reserve. Gold price is setting a new record. Only in April, the price of gold increased by about 7 thousand taka per 10 grams. As the price of gold has increased, domestic investors are also now looking to invest in gold. Meanwhile, experts say, the ongoing war between Iran and Israel will make it even more expensive.
That is, the price of gold will not stop here, the price of gold may increase further. Gold prices may reach a new record high.
Where can the price of gold reach –
According to a report by CNBC Awaaz, Mahendra Lunia said that the price of gold could reach Rs 168,000 by 2030. He said investors are flocking to gold and the dollar is depreciating. In such a situation, the biggest increase in gold prices is going to be in 2030. Then it will not be possible for common man to buy gold.
Ways to invest in gold –
If one is thinking of investing in gold, then RBI’s Sovereign Gold Bond can be very good. Here investors can buy gold and keep it for 8 years. A huge amount can then be realized at the time of maturity. Here around 2.5% reserve interest is available and returns are available as per market.
Gold Price –
The price of gold per 10 grams has crossed 73 thousand rupees in India’s bullion market. At the state level, the price of 10 grams of 24 carat gold is Rs 73596. On April 19, gold price of 995 purity increased by Tk 73301 per 10 grams. The price of 10 grams of gold of 916 (22 carat) purity was Rs 67414 and the price of gold of 750 (18 carat) purity was Rs 55197.
Importantly, Iran initially responded to the Israeli attack. Then now, because of Israel’s attack on Iran, there has been concern between the two countries. Due to the war between these two countries, the price of gold has increased a lot.
In the meantime, it is believed that the price of the yellow metal may increase further. By 2030, the price of gold may reach 1 lakh 68 thousand taka. Which can be a cause of concern to common people.
- First Published : April 22, 2024, 2:05 pm IST
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