Gold market news : सितंबर के महीने में गोल्ड का भाव क्या रह सकता है? फेस्टिव सीजन में गोल्ड खरीददारी के लिए आपको अभी सोना खरीदना चाहिए या इंतजार करना चाहिए? अगले 5 साल में सोने का क्या आउटलुक है? सोने में निवेश करना अभी कितना सुरक्षित? समझिए
Manoj Kumar Jain, Director-Prithvi Finmart से
What is gold and silver trends till Diwali and year end. Gold price predictions 2024 for September month. Is it still safe to invest in Gold. Gold 22 karat, 24 karat prices in India.
#goldrate #gold #goldprice #goldforecast #GoldPrediction #Goldpricehike #globalcurrency #silverprice #silverrate #Silver #GoldPrediction #24kgold #22kGold #GoldRateNews #GoldPriceNews #GoldRateToday #GoldPriceToday #SilverRateToday
~PR.147~GR.124~HT.336~ED.148~
Manoj Kumar Jain, Director-Prithvi Finmart से
What is gold and silver trends till Diwali and year end. Gold price predictions 2024 for September month. Is it still safe to invest in Gold. Gold 22 karat, 24 karat prices in India.
#goldrate #gold #goldprice #goldforecast #GoldPrediction #Goldpricehike #globalcurrency #silverprice #silverrate #Silver #GoldPrediction #24kgold #22kGold #GoldRateNews #GoldPriceNews #GoldRateToday #GoldPriceToday #SilverRateToday
~PR.147~GR.124~HT.336~ED.148~
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NewsTranscript
00:00Sir, you said that in the coming time, gold prices will be seen to increase.
00:04If we talk about the particular next month, that is, September 2024,
00:09then what outlook do you see of gold in it, what ups and downs will come in September,
00:14and what are the factors that will impact the prices of gold in the month of September?
00:19The biggest reason that will affect the prices of gold in the month of September is the policy of the US state in the month of September.
00:27And most of the information here is that the US state is trying to cut interest rates from the month of September.
00:34So we believe that it will be the biggest factor that will affect the prices of gold next month.
00:40If the US state starts cutting interest rates, then it will definitely be a positive step for gold.
00:49The second thing is that the US Fed Chairman has cut so many basis points because the market is already discounting 25 basis points.
00:58If you get to see a larger rate cut there, then you can also see a big spike in gold.
01:04But the overall trend will be volatile in the month of September and support will be made in the initial stages.
01:11The policy meeting of the Fed is a significant factor that will affect the prices of gold in the month of September.
01:18Sir, the second festive season is also coming.
01:20If we talk about Diwali last year, then the price of 24 carats of gold was Rs. 60,600 per 10 grams.
01:30What can we expect this time?
01:33Because we usually see the festive season because the demand increases a lot.
01:38Because of this, we can see a hike in prices.
01:40What outlook are you seeing for Diwali?
01:44We expect prices in the international market to reach $2650 to $2680 by November.
01:53It is currently trading at $2550.
01:56If we talk about the prices of gold in the Indian market, then we can expect to see prices of up to Rs. 75,000 per 10 grams by Diwali.
02:06So, we can expect to see prices of gold up to Rs. 2,500 to Rs. 3,000 by Diwali.
02:13So, we can expect to see prices of gold up to Rs. 76,000 to Rs. 77,000 by Diwali.
02:18Sir, will there be a right time to invest in gold in the near future?
02:23Because people who want to buy gold for their wedding or for Diwali, should they buy it now or should they wait for the right time?
02:34And what will be the right time?
02:36People who want to buy gold in the near future, should buy it now because we are not seeing a big fall in gold prices.
02:45And long term investors can make a systematic investment here and accumulate at every fall.
02:52We believe that gold will not fall below Rs. 71,000.
02:57And here we will gradually see an increase in prices.
03:00And the price of MCX will be seen to come up to Rs. 75,000 by Diwali or by the end of this year.
03:06So, there is a low possibility of a big fall here.
03:09There is a high possibility of an increase above.
03:11So, long term investors can accumulate at every fall.
03:16Those who have requirements for the festive season in the near future, they can buy here at the current level.
03:23So, if you want to buy gold for your wedding or Diwali, then the current level of gold you are getting can be the best time for you to buy gold.