The tariff imposed by Trump had a huge impact on the global economy. There was a massive sell-off in markets around the world. But, ever since President Trump put a pause on the tariff, there has been a boom in the global market including the Indian market. Meanwhile, a bumper jump is also being seen in the prices of gold. Today, the price of gold in Jalgaon, Maharashtra has crossed 98 thousand after applying GST. Gold has reached Rs 98100 per 10 grams.
It is being speculated that gold prices may see a lot of rise in the coming time. According to experts, it can reach close to 1 lakh 30 thousand by Akshaya Tritiya festival. However, some experts also say that gold will reach 1 lakh by Akshaya Tritiya.
Gold at a record high in Jalgaon
The price of gold has made a new record in the bullion market of Jalgaon, where the price of gold has reached Rs 98000 per 10 grams. Looking at the conditions of the international market, bullion traders say that in the coming time, the price of gold can cross the figure of Rs 1 lakh. A year ago, the price of gold was around Rs 68 thousand, that is, in a year, the price of gold has increased by a huge amount of about 30 thousand rupees. At the beginning of the new year, the price of gold was around 80 thousand, but in the last three months, it has seen an increase of about 17 thousand rupees. The direct impact of the fluctuations in the prices of gold and silver is also being seen in the customers.
Gold will cross 1 lakh - Bullion Trader.
Customers are getting good returns from the rising prices of gold, due to which many customers are turning to the bullion market to sell their old jewelry. However, due to the ever-increasing prices, now those customers, who do not have wedding ceremonies in their homes, are keeping away from buying gold and silver. Bullion traders of Jalgaon believe that gold prices may reach up to Rs 1 lakh due to Donald Trump's economic policies, the trade war between China and the US, and other international developments.
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