People always have a desire for gold! among previous women had great love for gold, but today men are more interested in gold jewelry.
Although it can look like a luxury on the one hand, many people consider as an investment and a savings tool used in times of danger or emergency.
middle-class people
especially among people in the middle class, see Gold as a privileged investment system instead of a bank deposit fund. In fact, it is not surprising that gold jewelry had saved billions of families who lost their jobs and lace during this CORONA period.
gold and gold jewelry
While gold and gold jewelry are very important among the Indians, as it is very important to know and buy a price situation today before to buy gold. Similarly, all those who come from gold as an investment should know why the price of gold is falling.
Internal Market and International Market
Although the price varies on the internal market, with a cuding that the price of gold will be very affected by the international market will produce larger returns. Today, the MCX market continues to record a slow price of 10 grams of carat gold since the beginning of the negotiation.
Retail inflation dropped 4 months
on the one hand, retail inflation in the Indian market fell for 4 months and the Gold investment market has been recession since the beginning of the negotiation Tuesday, As the US consumer price index has been published tonight.
MCX Market Gold Price
In the MCX market today, 10 grams 24 carat exchanged 0.02% in RS 46,897. Investors are reluctant to invest as a negotiation have continued to stay slow since the beginning of the negotiation on Tuesday.
today the price of Friday
in the same way, on the MCX market, the price of 1 kg of silver recovered from the sharp decline. But it is about 200 smaller rupees than the price of yesterday. Today, the price of a silver book on the MCX market fell 0.09% for 63,239 rupees.
market prize at view
and today on the spot market, the price of 10 grams of 22 grams of gold is about 46,000 rupees, which varies not only from the state to declare, but also GST, work and damage.
60 Rupees decline
Similarly, the price of 10 24-carat grams fell from 47,070 rupees to 47.07 to RS 47 010 today. This reduced the price by RS 60 for 10 grams and 6 Rs by Gram. Although this is not a change in largecity, the price situation is in line with the market situation.
Can I invest in gold?
studies show that the gold beneficiary margin is slightly lower in the one-hour trading while gold is considered more lucrative long-term. But there is no exaggeration to say that the US Federal Reserve has the power to change all that. Let’s see now why.
Indian retail inflation
Retail inflation in India fell to 5.3% in August of four months. The most important reason for the decline in retail inflation is the low consumption of food products, which has created reserve opportunities to continue its low interest rates for the coming quarters.
RBI generates interest rates
but at the same time if inflation increases in India, the reserve bank will be forced to increase interest rates to reduce liquidity and control inflation, but currently There is no constraint to increase interest rates.
What situation in the United States
does not exaggerate that the situation in the United States is quite different, with the US government by launching its consumer price index and Central IPC data increase inflation to states -Unis are already trading and economics of the country.
US Federal Reserve
If the data is bad, the US Federal Reserve will be obliged to announce a major change in monetary policy next month.
Economics
It is the facilitation to note that these CPI data is defined to make the most significant change, since the Federal Reserve has already decided to reduce the cash flow and relaxation of the end of 2024.
What is the impact ..
It will change a lot not only the price of gold, but also the investment on the stock market. The reason is that if the US Federal Reserve will increase interest rates, it will inevitably accumulate more investments in the securities market and all affect everything from the Gold stock market.
Therefore, those who invest large amounts of gold are invited to invest with care on market conditions
