Lower gold prices attracting Indian domestic customers

Lower gold prices attracting Indian domestic customers
   

Lower gold prices attracting Indian domestic customers

Declining in gold prices is due to roll out if vaccines, rally in global equities, rise in US bond yields and US dollar recovery, say experts. Experts predict gold rate will further reduced to Rs 43,000 levels per gram. Now 10 gram of gold costs Rs 44,000. Falling gold prices makes a sigh of relief for domestic gold buyers in India as wedding season begins from April. Buying gold for additional returns may not yield high profit as it was in 2020 which fell Rs 56,000 per 10 gram.