Global
sentiments in gold prices will continue to decline further, but in the mid-term
investment will be beneficial. MCX Free Tips: While waiting to buying lows and better returns
by Diwali. Experts say that Diwali can touch the level of 31 thousand gold
again.
Prices
may go up to 31 thousand by Diwali
Gold
prices are going down now, but the mid-term will be beneficial to invest in
gold. The first quarter of the new fiscal year to fall in gold prices is likely
to continue. Meanwhile, gold prices could touch 25 thousand per 10 grams. But
after lows and next will buying per 10 grams by Diwali, gold may reach 31
thousand.
What
Investors
Experts
say that the New Year will be beneficial to invest in gold. However, investors
should wait some more. Gold may decline to 25 thousand in February-March. The
lows should buy. Gold will purchase 25 thousand came, which will boost gold
prices. While the dollar is also stable, which will boost gold prices. While
the dollar is also stable, which will boost gold.
Why
falling prices in the short term
Experts
indicated that now that the US Fed interest rate will be further increased at
least 2 times. There is strength in the dollar, which is likely to continue for
the next few days. US Fed raising interest rates again if the dollar will
strengthen. Buliy negative impact of these factors, market and short-term it
can go up to 25 thousand.
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