Satyam Jewellers Blog

This is some blog description about this site

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

Analysts see gold price hitting Rs 40,000 per 10 g by the end of the year | Jewellery in Pune | Pune Jewellery

Posted by on in Investment in Gold
  • Font size: Larger Smaller
  • Hits: 285
  • 0 Comments
  • Subscribe to this entry
  • Print

In the current financial year, gold has so far emerged as the best return-giving asset class with an FY20 return of 16.5 percent, outshining all other major asset classes. There is no sign of other markets like equities giving returns that are better than gold in the near future. Once investors are convinced that they will have to live with high gold prices, demand will also come and investors will still have something more to earn from gold.

With growing concerns over a further escalation in the US-China trade war, the next level for gold can be $1,520. In MCX, gold futures price could touch Rs 38,800-39,000 by October. If the rupee weakens to 72 a dollar, even Rs 40,000 per 10 gram won’t be a surprise

 

Source: Business Standard

Satyam Jewellers is the best jeweler in Pune and Pimpri Chinchwad. We're an ISO 9001: 2008 jewelry retailer and have been awarded NSIC - CRISIL Rating of "CRISIL MSE * 2". This rating indicates high creditworthiness in relation to other MSEs.

 

Invest in Gold today with flexible monthly payment schemes:
Satyam Jewellers Showrooms -
Nigdi: Kohinoor Arcade, Mumbai Pune Rd, Nigdi

Krishnanagar: Nirmal Arcade, Chikhali Rd, Krishnanagar, Chinchwad

 

Chakan: Opp. Anand Hospital Rd, Mahatma Phule Chowk, Chakan,

el: +91 9890163052 | www.satyamjewelers.com

0

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest
Guest Sunday, 29 March 2020