Monday, January 25, 2021
  • About us
  • Contact
  • Privacy Policy
  • Sitemap
Business Khabar
  • World
  • India
  • Business
  • Tech
  • Money
  • Startups
  • Lifestyle
  • Other
    • Top Stories
    • Entrepreneur
No Result
View All Result
Business Khabar
  • World
  • India
  • Business
  • Tech
  • Money
  • Startups
  • Lifestyle
  • Other
    • Top Stories
    • Entrepreneur
No Result
View All Result
Business Khabar
No Result
View All Result
Home Money Investments

Gold Investment: This is the right time to invest in gold, Give more profit

Business News by Business News
September 25, 2020
in Investments
0
Union Budget 202: From CTT to Law on Hedging, These 3 Reforms Will Boost the Commodity Market
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • Gold has become cheaper by Rs 7000 in 50 days, silver has seen a decline of 23 thousand rupees
  • Interest rates will remain in America for the next three years. Economic data will also support gold prices.
  • Right time to gold investment, will give more profits in future

Investment in Gold

There has been a period of decline in gold and silver. Since August, there has been a huge decline in gold and silver. Especially since August 7, gold and silver have become cheaper by more than 12 per cent. According to experts, this decline can be seen further. Gold and silver can come at a level where everyone has access.

In such a situation, the expert says that now that the time has come to invest in gold once again, the profits will be seen more in the coming days. The reason for this is the global economy figures, USA, Europe and British banks cutting interest rates. The benefit of which will be seen in both gold and silver. Let us also tell you at which level gold and silver can go and where can start the purchase.

Investment in Gold: Return in gold has increased more than 3 times in 10 years, know

Gold and silver will be cheaper now

According to Anuj Gupta, deputy vice president (commodity and research) from Angel Broking, the price of gold may see a further decline. This level can be between 47 thousand and 48 thousand. Talking about silver at the same time, there is a possibility of silver-level coming between 53 thousand and 56 thousand. This is why profit booking. According to Anuj Gupta, the October expiry of gold on MCX is about to end.

After which the December expiry will start. This December expiry will also bring Deepavali. In such a situation, the selling environment is being seen in an attempt to bring gold to the Sartain level and keep more and more money in hands. The effect of which is also being seen on silver.

Also read: Gold Investment: invest in gold in 4 ways through mutual funds

Best time to Buy Gold

There has been a lot of shopping in gold during the Corona period. The benefit of which investors are getting by booking profits. Because of which prices are falling. If you have failed to earn profits in the first phase of shopping, then you are getting a chance once again. Gold can once again come to around 47 thousand. From where you can invest in gold. On the other hand, if you want to invest in silver, then you should wait for the price to come up to 53 thousand. The kind of environment that has been created in the market can be seen. After that, you can invest in gold and silver at a lower price.

SBI Gold Loan: SBI’s most special scheme, know-how farmers will get cheaper

Investment Can be a big advantage

According to Anuj Gupta, one can see a rally in gold and silver again by November-December. Which is likely to start in Navratras. In fact, this year is more than a month after the end of Pitrupaksha, which does not create a shopping environment. In such a situation, investors are waiting for Navratri and beyond. By December gold can reach around 61 to 65 thousand. At the same time, the price of silver is expected to reach 85 to 90 thousand. In such a situation, you can easily guess how much benefit you can get from the investment made in the coming days.

CAMS and CAMCON’s last chance to invest in IPO, missed so far

What are the reasons?

According to experts, the US Fed Reserve has given a clear indication that it can keep interest rates at the jeers level for the next three years. At the same time, European markets and British banks are also hinting at a big cut in interest rates.

Due to this, gold and silver will get support. On the other hand, the kind of data coming from the US and the global economy, gold and silver will also be supported. At the same time, pictures of the second wave of coronavirus have started appearing in Europe. At the same time, there are no chances of vaccine arrival this year. Due to which the price of gold and silver will be seen.

Camcon IPO: Chemical manufacturing company, has also opened from today & Chemcon Specialty Chemicals IPO

Gold and silver fall today

Slightly correct, but both the gold and silver are falling in the Indian futures market. First of all, in October gold contract is trading at Rs. 49837 per ten grams, down by Rs. 67 per ten grams. While gold opened at Rs 49826 today, it had touched a low of Rs 49725. On the other hand, silver is trading at Rs 59400, down by Rs 229. Today silver opened at Rs 58320 and reached a low of Rs 59076.

Camcon IPO: Allotment, new entry from listing, next few days in IPO market

.

Source: www.patrika.com

You might also like

National Girl Child Day: Make your child’s future financially secure, these options will help

Mutual Funds’ Charms not reduced even during Corona period, add 72 lakh folios in 2020

Why include debt funds in long term portfolios? Emergency will work with emergency with tax benefits

#Gold #Investment #time #invest #gold #time

Previous Post

Post office Monthly Income Scheme: There will be benefit of at least Rs 29700 in 1 Year

Next Post

SBI Customer Attention! Transaction rules will change from October 1

Business News

Business News

We aim to constantly bring to you all the latest and most updated industry news across all major categories. With a wide variety of topics and categories under our umbrella, we bring to you the latest news and activities in the top sought areas of public interest.

Related Posts

National Girl Child Day, best savings schemes for girl child, how to save for girl child, fd, rd, ppf, sukanya Samriddhi yojana, mutual funds
Investments

National Girl Child Day: Make your child’s future financially secure, these options will help

by Business News
January 24, 2021
Mutual Funds' Charms not reduced even during Corona period, add 72 lakh folios in 2020
Investments

Mutual Funds’ Charms not reduced even during Corona period, add 72 lakh folios in 2020

by Business News
January 24, 2021
Why include debt funds in long term portfolios? Emergency will work with emergency with tax benefits
Investments

Why include debt funds in long term portfolios? Emergency will work with emergency with tax benefits

by Business News
January 24, 2021
Mutual Fund Strategy
Industries

What should mutual fund investors do in the market’s record boom, create strategy

by Business News
January 23, 2021
IPO market will be out all week, these 3 companies are giving earning opportunity; What should be invested?
Investments

IPO market will be out all week, these 3 companies are giving earning opportunity; What should be invested?

by Business News
January 19, 2021
Next Post
SBI PO Recruitment 2020: Recruitment of 2000 Probationary Officers in State Bank of India; Check salary, apply deadline

SBI Customer Attention! Transaction rules will change from October 1

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

Recommended

These festive special trains will continue till March 2021, check your route in the list

Good news for railway passengers! Many trains are starting from January 6, check your route

January 5, 2021
Covid-19 Vaccine: You will not get the option to choose between either the vaccine Covishield and Covaxin

COVID19 Vaccine: Most Indians do not have vaccination early, experts said – need not fear

December 28, 2020

Don't miss it

M-Cap: TCS beats RIL, largest market share company in market cap
Share Market

M-Cap: TCS beats RIL, largest market share company in market cap

January 25, 2021
Rules can be changed for those buying a new vehicle, two checks will have to be given for vehicle cost and insurance premium
Insurance

Rules can be changed for those buying a new vehicle, two checks will have to be given for vehicle cost and insurance premium

January 25, 2021
e-voter id card, Downloadable e-version of voter id card to be launched on Monday, ravi shankar prasad, national voter's day
India

National Voter’s Day: Now you can download Voter ID card from home, facility to start

January 25, 2021
mukesh ambani, RIL stocks, RIL Q3 results, reliance industries limited, RIL investors, ril share, brokerage house on RIL, Jio Q3 results, reliance jio, motilal oswal, goldman sachs
Industries

RIL breaks down 4% after results, should you bet or wait now

January 25, 2021
know about xtrarewards loyalty program to get reward points and get offer get update on whatsapp
India

Indian Oil will give information on reward points on WhatsApp, can reduce expenditure on oil from Xtra Rewards Loyalty Program

January 25, 2021
Stove Kraft IPO Open Today
Share Market

Stove Kraft IPO: Invest in Stove Craft IPO? Every information from price band to lot size

January 25, 2021
Business Khabar

Business Khabar provides the latest news about market, financial, tech, sports and business news from around the world.

Learn more

Categories

  • Automotive
  • Business
  • Car & Bike
  • Career
  • Entrepreneur
  • Fashion
  • Featured
  • Finance
  • Food
  • Health
  • India
  • Industries
  • Insurance
  • Investments
  • Lifestyle
  • Money
  • Opinion
  • Real Estate
  • Schemes
  • Share Market
  • Startups
  • Tech
  • Top Stories
  • Travel
  • uncategorized
  • World

Important

JIOMART FASHION

BUSINESS PLAN

ATUM 1.0 BIKE

UPCOMING IPO

VEGETABLE BUSINESS

MARUTI UPCOMING CARS

BUSINESSMEN STORY

TERACUBE 2E

BUSINESS AFTER LOCKDOWN

IPL COACH SALARY

CSC REGISTRATION

 

Recent News

M-Cap: TCS beats RIL, largest market share company in market cap

M-Cap: TCS beats RIL, largest market share company in market cap

January 25, 2021
Rules can be changed for those buying a new vehicle, two checks will have to be given for vehicle cost and insurance premium

Rules can be changed for those buying a new vehicle, two checks will have to be given for vehicle cost and insurance premium

January 25, 2021
e-voter id card, Downloadable e-version of voter id card to be launched on Monday, ravi shankar prasad, national voter's day

National Voter’s Day: Now you can download Voter ID card from home, facility to start

January 25, 2021

Copyright © 2020 Business Khabar

No Result
View All Result
  • Home
  • World
  • Business
    • Automotive
    • Industries
    • Startups
    • Entrepreneur
  • Tech
  • Money
    • Schemes
    • Investments
    • Finance
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Travel
  • Reviews
    • Car & Bike
  • Top Stories
  • Contact Us
  • Real Estate
  • Contact
  • About us

Copyright © 2020 Business Khabar

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.