Buying gold for you on Diwali this year can prove to be expensive. Analysts believe that till Diwali, gold can reach 30 thousand to 34 thousand rupees per 10 grams. According to them, the rupee and geopolitical tensions due to the weakening of the rupee can increase the price of gold.
Directorate of Comrade's Risk Management, Dnyaneshwar Tyagarajan said, "By Diwali this year, gold in the domestic market can reach 30 thousand to 34000 rupees per 10-gram level. At the same time, its price in the international market could be close to 1,260 to 1,400 dollars per ounce.
Published On : 11 Jun 2018