Earning opportunity Gold Prices rupees 11000 cheaper from peak know how much prices will increase in 2021 achs

New Delhi. Gold is considered to be the safest and most profitable investment option in the whole world including India. In such a situation, people invest heavily in gold in the most favorable phase. The same trend was visible during the outbreak of Corona virus epidemic all over the world. Gold prices touched the highest level in August 2020 due to heavy buying by investors. However, as economic activities are increasing with the corona vaccination, gold prices continue to fluctuate in the country and abroad. In this episode, on September 17, 2021 i.e. last Friday, there was a big fall in the prices of gold by Rs 1,130 per 10 grams. At the same time, there was a big fall in silver and it fell by Rs 708 to Rs 60,183 per kg. Let us know how the trend of gold prices will be till the end of 2021.

What should investors do at current gold prices?
Due to the ongoing volatility in gold prices, investors are in a dilemma whether they should invest in this precious metal or wait for some more. At the same time, some investors are confused about selling or holding the gold with them. Let us know what can be the trend in gold in the coming time? In the Delhi bullion market, gold prices closed at Rs 45,207 per 10 grams with a big fall on 17 September 2021. On this basis, gold is getting cheaper by Rs 10,993 per 10 grams as compared to its highest level. Let us tell you that in August 2020, gold touched the highest level of Rs 56,200 per 10 grams. If seen in general, then investing in gold at this price can prove to be a profitable deal.

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What level can gold prices reach this year?
Experts say that with the increase in the pace of the Corona Vaccination campaign around the world, people are turning to other investment options. This has led to a fall in the prices of gold. However, he does not think that this situation will continue for long. Indian stock exchanges, including most of the world’s stock exchanges, have also gained a lot of momentum. Now due to profit-booking in between, there is a decline in the markets. When the stock markets go higher, the risk also increases along with the profits. In such a situation, a large number of investors can then turn to gold, the safest investment option. This will support the gold prices and they will start rising again. Experts believe that by the end of 2021, gold prices can touch new levels. It is estimated that if the price of gold starts increasing then it will cross the level of Rs 60,000.

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Why can gold prices rise in the long term?
There is also a large section of investors who want to know whether it will be safe to invest in gold at current prices. Can they take advantage of this opportunity and get huge profits in the long term? On this, experts say that there are many reasons for the current fall in gold prices. The biggest reason among these is the increase in economic activities due to the acceleration in the Corona Vaccination campaign. At the same time, the strengthening of the dollar against other major currencies is also affecting the prices of gold. According to him, the US dollar and gold behave opposite to each other. If there is an increase in the demand for the dollar, then the price of gold will come under pressure. However, if the demand increases in the festive season, then the price of gold is sure to rise. There are one festival after another in the country since October. In such a situation, the price of gold can increase if the demand increases. According to experts, gold can touch a high of $ 1960 an ounce this year.