In the Corona era, gold has attracted investors immensely. On 7 August, gold was at its highest level. From June to August 7, the price of yellow metal increased by Rs 12,000 per ten grams. But in Bhopal in the last twenty-six days, gold has become cheaper by Rs 7200. In this era of Corona, investors were investing in gold as a safe option. Hence, due to heavy demand, its price was seen to increase strongly.
Revenge from Russian Vaccine On August 11, Russia's President Vladimir Putin officially claimed that his scientists had developed an effective vaccine against corona infection, which has been named 'Sputnik-V'. After this, investors started withdrawing gold and investing in the stock market again.
However, experts say that prices will continue to be under pressure for some time. In this month, the price can be reduced by 5 to 6 per cent. But as soon as the festival season starts, there will be an increase in the price of gold again. In such a situation, due to rising prices, gold can set a new record until Diwali. In the country since August 7, the price of gold has decreased by 12.76 per cent.
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