Blog Business Economy National

World’s second-largest consumer,India has seen surge in gold prices by 28% in the first six months of 2020.

Gold Prices in India are Over Rs.50000 per 10 gms , The Highest Price india has Ever Witnessed. With Interest Rates Falling Across the World and Uncertainity at Stock Market Due to Global Covid19 Pandemic . Many Investors are Using Gold as Safe Haven

Silver is also Trading at Rs.59,295 per Kg For the First Time in 8 Years.

A recent report by the World Gold Council (WGC) said that with investors looking at safer assets amid the Covid-19 pandemic, investment in gold is likely to make up for the fall in consumption demand for the precious metal.

Leave a Reply

Your email address will not be published. Required fields are marked *