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Gold Price Hit Hit ₹ 1 Lakh 10 Gg: What is behind Serge and how to invest now – CNBC TV18

Gold Price Hit Hit ₹ 1 Lakh 10 Gg: What is behind Serge and how to invest now – CNBC TV18

/ Finance / By trendingvaqt.com


By Anshul April 22, 2025, 4:22:52 pm IST (Updated)

Read 2 minutes

What is increasing? Price growth is powered by many factors. Global uncertainties, including US-China trade stress, have increased the purchase of safe havan. Kotak Mahindra AMC fund manager Satish Dondapati said, & quot; Gold's upward trend is due to a weak US dollar and global business concerns. & quot; He said, & quot; The short -term approach remains strong if the tension between the US and China increases. & quot;

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The demand for domestic celebration plays a role. Festivals like Akshay Tritia promoted the demand for gold in India. Cola jewelry's MD Colin Shah explained, & quot; Gold prices rise during the festival season due to cultural value. People buy gold on auspicious occasions. & quot; In the ongoing season of wedding, the demand will be more, supporting gold prices in the short term.

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What's next to sleep? Experts remain optimistic about the future of Gold. Sky Gold MD Mangesh Chauhan predicted that if the US dollar weakens further, gold could reach 10 grams per 10 grams per 10 grams. Manav Modi is expected to be a gold $ 3,600 an ounce hit by Manav Modi, Senior Analyst, FY26. He said, & quot; Gold may continue to grow as a living of global uncertainties. & quot;

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Investment Outlook | For investors, gold presents both opportunity and risk. Short -term traders can benefit from the rally. However, vigilant investors can wait for a dip. Modi's recommendation & quot; Buying at DIPS & Quot; And it is expected that 10 grams per 10 grams per 10 grams per 10 grams are expected to be between ₹ 96,500 and .00 1,00,000.

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