Newsshort Desk: As long as the price of gold is increasing, it is increasing. And as a result buying gold is becoming virtually impossible for the common middle class. The price of gold is setting new records almost every day. Only in April Gold Price Every 10 villages increased by about 7 thousand taka.
Prices rose mainly after political tensions and data from the US Federal Reserve. Experts believe that the price of gold will increase due to the ongoing war between Iran and Israel, which means that the price of gold is going to increase in the coming days. Gold prices may rise to record highs.
Now the question in the mind of many people is how much the price of gold can increase? According to CNBC’s Awaz report, it is known that the price of gold may reach 1 lakh 68 thousand rupees by 2030. Investors are also investing money there as the price of gold is high. As a result, the value of the dollar is falling. This will lead to the highest increase in gold prices in 2030. At that time common people will not be able to buy gold.
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In this context if one wants to invest money in gold then RBI’s Sovereign Gold Bond can be a very good way. Investors can buy gold here and keep it for 8 years. Then a hefty return can be obtained at maturity. Here around 2.5% reserve interest is available and rest return is available as per market.
The price of every 10 grams of gold in the Indian market has crossed 73000 rupees. The price of 10 grams of 24 carat gold is 73596 taka. Due to the war between these two countries, Israel and Iran, the price of gold has skyrocketed and it goes without saying that in the next five years, the price of gold will skyrocket and be beyond the reach of the common man.
