New Delhi: Gold prices are falling in the domestic market due to the impact of the global market. Due to the success on the coronavirus vaccine front and the pace in economic activities, the trend of investors has reduced to gold. Due to this, a tremendous decline has been recorded in it.
According to Kumar Jain, President (Mumbai) of the Indian Bullion Jewelers Association, gold prices have fallen by more than Rs 8000 compared to August and are expected to decline further due to optimism about the Corona vaccine. In December, gold prices can reach around Rs 45,000 per 10 grams. Experts say that the decline in gold has started. Global investors are now withdrawing money from it. The next level of gold is 47 thousand rupees per 10 grams. The way there is a continuous decline, it is no surprise that it reaches 45 thousand rupees.
Some experts believe that the price of gold may fall further. According to them, those buying gold should wait a month or two. As soon as the corona vaccine comes in the market, there can be a sharp drop in its price.
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