gold forecast: Can gold be bought now? Will it cross Rs 50,000 again? – gold rates could again touch rs 50000 level by diwali right time to buy now

Want to buy gold? But buy now? At? Thinking of? Do you think the PSD rate will go down if it stops for a few more days? Do you think it is better to buy gold then? However you definitely need to know a few things.

Bullion market experts predict that if the current gold trend continues, the pound will not touch Rs 50,000 again by Diwali. Fears of inflation, coupled with rising volatility in international equity markets, explain the rise in gold prices.

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In addition, the increase in demand for gold during the festive season is also said to have a positive impact on the pound rate. Gold prices have been rising for the past few days. Silver is also moving in a similar direction.

Meanwhile, gold prices rose in the Hyderabad market on Tuesday. The price of 10 grams of 24 carat gold moved above Rs 100. With this, the gold price reached Rs 48,930. At the same time, the price of 10 grams of 22 carat gold also ran in the same direction. It rose by Rs 90 to Rs 44,850.