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.