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Gold may touch Rs.63,000 per 10 gram in the new year

Gold may touch Rs.63,000 per 10 gram in the new year

Gold has always been known as the safest investment there is and so decades it has been bought and traded at a profit. The precious metal is expected to go as high as Rs. 63,000 from the current rate of Rs. 51,850 per 10 gram by 2021. Beating the odds of the COVID-19 pandemic, Gold rose to Rs. 56,191 per 10 gram in August. Since the economy and purchasing power is reviving of the people, gold is going to be demanded more than what is it now.

Sanika Abhyankar

Sanika Abhyankar is a Mass Media and Communication student at Ruia College, Mumbai. Sanika is keen on pursuing International Affairs in the near future. She is an optimist who loves to debate and is fond of watching romantic comedies. She is also a fashion enthusiast. Sanika is currently working as a Journalist at India Shorts and can be contacted through sanikaapersonal@gmail.com