Gold Price: There is a big discussion of gold these days. Looking at the way gold prices are increasing, it seems that if it had been betting on gold two months ago, how much would it have been today. On one hand, the stock market is falling, so people feel that this is a very right way. Give money in gold Many people think that gold has become very expensive. Now it is around 88000 rupees. If you watch this video after a few days, then the gold may reach 90000 rupees or reach 1 lakh rupees.
Whether to invest money in gold at this time or not, this is a big question. If you look at the reason for the rising prices of gold, then there is a very simple reason for this. Ever since Trump came, there has been a lot of uncertainty in the market. Every statement causes chaos. In this atmosphere of this uncertainty, people feel that you do not know what will happen. Keep in mind that whenever there was an atmosphere of uncertainty in the market, the demand for investment options like gold increases. Gold is such a thing that prices grow in a difficult hour. Because at such a time its purchase increases.
Apart from this, inflation is expected to increase there due to increase in tariffs in America. Increasing inflation in the US will reduce the value of the dollar. In such a situation, people are thinking that buy such things from dollars whose price goes ahead and that thing is gold.
Another thing is that US Fed can prevent interest rates due to increasing inflation in the US. In such a situation, there is a worry about where the return will come from. In search of this return, people are turning to gold. Keeping all these things in mind, market experts are saying that gold prices can increase further in the coming days.
Now the question is whether to buy gold or not at this time. The answer is that most of the analysts say that gold may fall into a short term (15-20 days). The risk is slightly higher for short term in gold. But if you want to buy gold from a long perspective (3 to 10 years), then it is going to be very useful for you. Gold prices in long term have always increased. In 2006, the price of gold was 8 thousand rupees per 10 grams. At the same time, today its prices are at 88 thousand rupees. So sleeping in the long term will not harm you.
But take care of one thing that when you go to sell gold, it is also taxed. If you sell gold, you will have to give GST first. Second, you have to pay a capital gains tax on what you have earned on your gold. If kept for a short time, short term capital gains tax has to be paid. At the same time, if kept for a long time, then long term capital gains will have to be paid. That is, the government also has an eye on the benefit from sleeping.