India Business News: Gold buying on Dhanteras, Diwali 2023: Should you buy gold this Dhanteras 2023? Is it a good investment bet? Historically, gold investments made aroun
Gold prices: Geopolitical tension in the Middle East boosted gold prices as it gained almost 10 per cent from the recent swing lows and made a multi-month high of Rs 61,500 level
Gold s returns are neary two-fold in comparison to Nifty and Sensex which have delivered returns of 10.34% and 9.31%, respectively, since last Dhanteras which fell on October 22, 2022.
MCX prices may move towards Rs 64,000 to Rs 66,000 per 10 gram in 2024 and crucial support lies at Rs 56,000, Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart observed.
Gold prices have seen a bounce back in July after a 3.30% correction in June. Bargain buying and signs of a cool-off in the US labor market have supported the rise