Gold Rate Today, 8 March 2021: Gold Price Recovers From Nine-Month Low. Check Rates in Noida, Delhi And Mumbai Here

 

Gold Rate Today, 8 March 2021: Gold Price Recovers From Nine-Month Low. Check Rates in Noida, Delhi And Mumbai Here













Is this the best time to buy gold and silver?  What experts say

Speaking exclusively to Zee Business, expert Anuj Gupta, Deputy Vice President, Commodity and Currency Research at Angel Broking said that if you are one of those people who have not been able to invest in gold and silver because of high prices can now do it.




Gold Price Today, 7 March 2021Nish Bhatt, Founder & CEO of Millwood Kane International, an investment consulting firm said, “After having a dream run in 2020, the yellow metal has been falling for the past few months losing more than 20 percent in value from the highs witnessed in August 2020.

He noted that the fall in gold prices in the domestic market is in line with the international market prices post comments of the US Fed Chairman on inflation and bond yield.

“Comex gold prices fell due to the rising treasury yields that make holding gold more expensive, the strengthening of the dollar also makes gold buying expensive. Heavy outflows from Gold ETFs are also one of the reasons for the softness in gold prices,” he said.

Check Prices of 22-carat and 24-carat gold in your city

Today, the price of 22 and 24-carat gold saw a marginal rise. While Delhiites have to pay Rs 43,850 for 10 grams of 22-carat gold, Mumbaikars have to spend Rs 43,510.







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