News India Live, Digital Desk: (Gold Rate Hike)For some time, the prices of gold and silver were touching the sky, due to which the buyers were sweating. But now there is some softening in the prices of gold. In such a situation, it may be a good chance for those who were thinking of buying gold.
Wait on! Do you know how can the price of gold reach in the coming years? Recently, there has been a forecast about the price of gold (sone ki kemat), which can fly your senses by listening! It is being told that by 2026, the price of gold will be at a new record level. Come, let us know in this news that what says these forecasts and why the price can increase.
What are the rates before Akshaya Tritiya and what is predicted?
The festival of Akshaya Tritiya is close, and gold rate update is already hovering around a psychological level of Rs 1 lakh per 10 grams (according to different purity and cities). But this is nothing!
Ed Yardeni, President of Yardeni Research, believes that gold price by the end of the year 2025 (Gold Price in Dollar) $ 4,000 an ounce Can reach And wait, the picture is still left!
It is estimated that next year, ie By 2026, gold is $ 5,000 an ounce Can also cross the shocking figure of. If you understand it in Indian rupees, it means the price of gold About Rs 1,35,000 to Rs 1,53,000 per 10 grams Can reach! (This figure can change depending on the exchange rate of dollar-rupay).
Gold has given tremendous returns!
In recent times (around April 20), the Global Market saw a good jump in the price of gold, which crossed $ 3,383 an ounce. American gold futures also reached close to $ 3,396.
Talking about this year, gold price has so far to investors Great return up to 29% Has given At the same time, if compared to the previous Akshaya Tritiya, then in the prices of gold More than 35% increase Has been seen.
Why is gold running? These are big reasons!
According to Yardeni, there are many big reasons behind this stormy speed in the price of gold:
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Global Economic Instability: Economic conditions around the world are dancing, making investors looking for safe investment.
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America-China business tension: Tension between the two great powers is also increasing uncertainty.
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Weak dollars: When the dollar is weak, it becomes cheaper to buy Sone Ke Rate for second currency countries, which increases its demand.
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Central bank shopping: Most of the central banks of the world are no longer considering Gold Price in Dollar as safe and instead they are increasing their stores by buying gold. Especially the countries whose relations with America are not very good. Yardeni believes that this trend will continue even further.
Is it right to invest in gold?
Experts believe that in such an unstable environment, your investment portfolio must have gold (sone ki kemat). This helps to protect your investment from the standing of the stock market and bond market.
However, Yardeni also admitted that the way the price has come up in the recent prices, a little decline or correction can be seen in view of the speed. But for a long time it remains a great option of investment. (He also mentioned Trump’s avoidance of some tariffs, which can give some positive signs in the market).
Connection of India and Akshaya Tritiya:
Yardeni also looked quite optimistic about India. He expressed a good possibility of the Indo-American trade agreement and said that investors are looking at India as a stable and expected market.
Overall, amidst the upheaval around the world, gold has once again emerged as the safest and attractive option for investors. Gold purchases on auspicious occasions like Akshaya Tritiya are not only culturally important, but can also prove beneficial for investment in view of the current situation.
The post golden cheaper, golden opportunity to buy? But careful! Estimates to cross ₹ 1.5 lakh by 2026, know why? First appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
