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Gold price: Yellow metal trades higher, here s what experts say

Gold price: Yellow metal trades higher, here s what experts say
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Is it a good time to buy gold? Here is all you need to know

Is it a good time to buy gold? Here is all you need to know Is it a good time to buy gold? Here is all you need to know Gold futures touched Rs 48,000 per 10 grams, according to data on the Multi Commodity Exchange (MCX). Analysts remain bullish on gold prices and expect the price of the yellow metal to rise due to favourable macroeconomic conditions. advertisement Gold prices are on the rise in India during the second Covid-19 wave. (Photo: Reuters) The price of domestic gold is rising amid the ongoing second wave of Covid-19. The current trend is in sharp contrast to the situation seen at the beginning of the year when gold was under pressure due to a strong US dollar and surging US bond yields.

Kshitij purohitMotilal oswal investment servicesCommodities currency at capitalvia global researchMulti commodity exchangeCapitalvia global researchGold price todayGold price in indiaHould you invest in goldOld investment tipsS ita good time to invest in goldக்ஷித்ிஜ் புரோஹித்மோட்டிலால் ஒசுவள் முதலீடு சேவைகள்பல பண்டம் பரிமாற்றம்தங்கம் ப்ரைஸ் இன்று

gold rate today: Gold Rate Today: सोने की कीमत 3 महीने के उच्चतम स्तर पर, 48 हजार रुपये के पार पहुंचा रेट - latest rate of gold and silver on 17th may

gold rate today: Gold Rate Today: सोने की कीमत 3 महीने के उच्चतम स्तर पर, 48 हजार रुपये के पार पहुंचा रेट - latest rate of gold and silver on 17th may
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gold rate today: सोना खरीदने का गोल्डन चांस, एक साल में 56,500 रुपये तक पहुंच सकती है कीमत - golden chance to invest in gold price could go upto rs 56,500 in 12 months

gold rate today: सोना खरीदने का गोल्डन चांस, एक साल में 56,500 रुपये तक पहुंच सकती है कीमत - golden chance to invest in gold price could go upto rs 56,500 in 12 months
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Analysts see gold at Rs 56,500 in 12 months Is it a good time to buy?

Analysts see gold at Rs 56,500 in 12 months. Is it a good time to buy? Rising coronavirus cases, continuous liquidity injections, rising inflationary expectations, economies growing on the back of debt, Middle East tensions, trade war between US and China and few other factors continue to boost the sentiment and build a strong case for higher gold prices, says Manav Modi, Analyst at Motilal Oswal Representative Image Since the start of this year, gold has been under pressure as the dollar and US bond yields surged pricing in a swift turnaround of the US economy. The precious metal s journey has not been less than a roller coaster ride in CY 2021. The domestic prices of gold which eased after the COVID cases fell down towards the end of the last year, are witnessing a surge again as the coronavirus cases have risen to record levels. Analysts at Motilal Oswal Investment Services expect the gold price to hit Rs 56,500 in an year s time. On MCX, the gold is priced at around Rs 47,50

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