BUSINESS
You would not have heard such a prediction on gold, the price will be so high, it will be difficult to even imagine
A report has come from Goldman Sachs regarding the price of gold. In which it has been said that the price of gold can reach $ 4500 per ounce (1,36,000 per 10 grams). Goldman Sachs has once again increased the target price of gold.
Gold Price: For many days, there was a lot of discussion on social media that the price of gold could come up to 50 thousand rupees per 10 grams. But in contrast, there has been a stormy rise in the price of gold last week. Now a report has come from Goldman Sachs regarding the price of gold. In which it has been said that the price of gold can reach $ 4500 per ounce (1,36,000 per 10 grams). According to the report, due to the ongoing trade war between America and China and the fear of recession, the price of gold can be $ 4500 per ounce by the end of 2025.
Gold target price increased for the third time
Goldman Sachs has once again increased the target price of gold. According to the report of the investment banker, the target price of gold this year is $ 3700 per ounce. Let us tell you, this is the third time that Goldman Sachs has increased the target price of gold. Earlier in early March, the target price of gold was set at $ 3300 per ounce.
What is the rate of Gold ETF
Let us tell you that last week, Gold ETF crossed the level of $ 3200 per ounce for the first time. Due to increasing tension at the global level, the rate of Gold ETF reached the level of $ 3245.69 per ounce. The demand for gold has increased significantly in physical and exchange trade.
Gold rate today
On Monday, April 14, the price of gold has come down by Rs 100. At the same time, gold is trading above Rs 95,600 in most cities of the country. Today, the price of 22 carat gold in Delhi is Rs 87,840 and the price of 24 carat gold is Rs 95,810 per 10 grams.
The price of gold in India keeps changing due to many reasons. There can be many reasons behind this - such as international market prices, government taxes and fluctuations in the value of rupee. Gold is not only a means of investment, but is also an important part of our traditions and festivals.
PC:TV9Bharatvarsh
