New Delhi: Corona virus has caught countries around the world. The bullion market is closed due to the ongoing nationwide lockdown to prevent infection. At a time when investing in stocks and bonds does not seem to expect much return, investing in gold can be beneficial for you. Not only this, money can be doubled for those who invest in gold.
There is a tremendous jump in the prices of gold and silver. The bullion market is witnessing a huge jump in the gold rate. Simply say that gold prices are continuously climbing. Currently the market situation is not able to attract investors towards stocks and bonds. Such gold is wooing investors as a safe investment.
In the global market of Bank of America Security (BofSec), the price of gold will reach $ 3000 per ounce. Gold is becoming the first choice for investors, which has emerged as the first reason for its record surge in price. Investments in gold have always been considered safe, even though you are not able to buy gold and silver during the lockdown announced due to the corona virus, but still their prices are witnessing huge fluctuations.
On Thursday, gold has once again crossed 46000. Recently, the price of gold has crossed 46000 rupees. At the same time, the price of gold in the global market is expected to reach $ 3000 an ounce. Given the current market conditions of stocks and bonds as an investment option, investors are investing money in gold. Gold has always been considered a safe investment.
According to experts, the price of 10 grams of gold will soon cross Rs 82000, according to market experts of Bank of America Securities (BofA Sec), the price of gold in the global market will reach $ 3,000 per ounce by the end of the year 2021. Looking at this in the context of the Indian market, by 2021, the price of gold in the bullion market will reach 82,000 rupees per 10 grams. This record increase in the price of gold. This will be the first time in history when the price of gold is likely to cross 82000 rupees per 10 grams. In such a situation, there is great news for those who invest in gold. Investment in gold is expected to make double profit within 1 year.