As Delta's nuisance increases, gold will rise again to 00 1900

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The Fed's minutes in the global market indicated that it would reduce the ના 150 billion treasury bills and bonds it had invested in the market since December this year, cutting back on the dollar, strengthening the dollar index and the dollar. The price of gold could not exceed ૮ 1,200 an ounce. Gold was at ૭૮૩ 12-13 over the weekend.

In addition, the news that job data is good and unemployment has been the lowest in the last several months this month has also given a boost to the market and the trade has improved, putting pressure on gold.

Fluctuations in oil prices and the strengthening of the dollar against other currencies and the buying of gold by central banks have had a small effect on gold prices, increasing the demand for gold by investors and slowly pushing up gold prices. It is to be noted that gold prices rise when there is a war in any part of the world, but despite the Taliban regrouping in Afghanistan and occupying and gaining control of Kabul, the price of gold has not been affected and this environment has not accelerated the rise. Surprising. Fund buying of gold, rising demand for gold by the general public so that they can protect their capital against inflation and higher demand for gold than gold production, etc. will push gold prices higher and gold will once again break above ૯ 1,200 an ounce.

The global silver market has yet to see a downturn, with silver fluctuating between 9 and 210 cents an ounce.

The financial situation will remain precarious for fear that the new delta variant will take India by storm again. However, with the government easing lockdowns, markets are reopening and people are moving around. Gold show-rooms are opening up a bit. In it, low gold prices led people to buy gold and people started buying gold. The demand for jewelry has increased. Demand for this specialty has grown significantly as a result of recent corporate scandals. So buying new gold and creating new stock.

Fluctuations in the global gold market affect local prices. In addition, smuggling by flight is very common. Land smuggling is taking place but the quantity is very low.

Declining gold prices have reduced the income of old gold jewelry and people come to sell less gold in the time of Pandamic. Overall gold is dependent on the global market price. But with the coming festivals, the demand for gold will increase and the price of gold will rise at a slower pace and in Diwali, gold will probably quote Rs 21,000 per ten grams.

Investors are attracted to silver at lower prices and are coming to invest in silver instead of gold. The housekeeper is out in the showroom. Silver coins have been made for festivals.

Importers demand silver at all prices. Old silver income is low. Silver refineries continue the refinery by ordering silver bars from Dore. Demand for this specialty has grown significantly as a result of recent corporate scandals. As a result, silver prices are likely to jump to Rs 30,000.