Meanwhile, most investors are now including gold in their portfolios for better returns. Compared to other major assets, gold did not disappoint investors this year either. It is estimated that there is a possibility that the price of gold will rise in the new year. It is expected that the price of gold may reach a new record. Demand for bullion has also increased in the global market.
The approach taken by the US Fed Reserve on interest rates, the political and economic situation following the elections will all have an impact on the price of gold. Even if there is uncertainty in the price in the interim, observers point out that the need and demand for gold will rise in the new year.
Silver prices fell today. Silver is priced at Rs 79.70 per gram. 637.60 for eight grams and Rs. The price has come down to Rs 79,700 per kg. Yesterday the price was Rs 80,500 per kg.