As a recent report gold
prices have been falling consistently down in India. As report this
is the very lowest level of gold in 11 months. In these 15 days,
nearly 2400 rupees per 10 grams gold Xavrati is cheaper. On Thursday,
Xavrati Gold prices fell by Rs 200 came to Rs 26,000. The experts
said it's not going to end the season. In the coming days, price will
be reduced more and gold can be down from 25,000 in July.
Read Must This- The price of gold is constantly going down and may still be
Read Must This- The price of gold is constantly going down and may still be
The
main reasons for the decline in the gold price is changed of rules
and exporters can directly import. Since the exporters could import
80% of gold exports. This Gold had to buy them from banks in
expansive premium. The lifting of ban of selling jewelry as the price
of gold has made a difference. Another reason is may be the Modi
Government. U.S. economy improves is also a reason of this. People
are investing in other sectors have a place to gold.
2 comments:
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