Mumbai
In the past, there was a lot of discussion on social media that the rate of gold could come up to Rs 50,000 per 10 grams. But on the contrary, last week, there was a stormy boom in gold prices. Now a report from Investment Banker Goldman Sachs has come. In which it is said that the price of gold can reach $ 4500 per ounce (1,36,000 percent 10 grams). According to the report, the price of gold can go up to $ 4500 per ounce at the end of 2025 due to the ongoing trade war and fear of the ongoing trade war and recession.
Gold target price increased for the third time
Goldman Sachs has once again increased the target price of gold. According to the report of the Investment Banker, the target price of gold is $ 3700 per blow this year. This is the third time Goldman Sachs has increased the target price of gold. With this, the target price of Gold was set at $ 3300 at the beginning of March.
US President seems to be very aggressive about China. Due to which trade war has started in both countries. This is the reason why gold is attracting investors.
What is the rate of Gold ETF?
Last week, the Gold ETF crossed the level of $ 3200 an outage for the first time. Gold ETF rate had reached the level of $ 3245.69 an outage due to increasing stress globally. Gold demand has increased considerably on physical and exchange trade.
At what rate is gold being sold today?
Today, the spot gold was trading at $ 3223.67 an offer after a decline of 0.4 percent. According to the Reuters report, the US Gold Future was trading at $ 3240.90 an offer after a decline of 0.1 percent.
(It is not advisable for investment. Gold prices get ups and downs. The ideas of experts presented here are private. We do not recommend buying and selling gold on this basis.
