• 2 months ago
Gold market news : अक्टूबर 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 October month. Is it still safe to invest in Gold. Gold 22 karat, 24 karat prices in India.

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#silverprice #silverrate #Silver #GoldPrediction #24kgold #22kGold #GoldRateNews #GoldPriceNews #GoldRateToday #GoldPriceToday #SilverRateToday #SilverPriceToday #BreakingNews #GoldvsSilver #SilverInvestment #SilverRate #SilverPrediction #SilverOutlook #SilverForecast

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Transcript
00:00Sir, gold is at its all-time highs. We have seen gold go above $2,660 per ounce. We have also seen a 5% increase in silver.
00:10So, Manoj ji, how are you seeing these moves that we have seen in gold and silver?
00:15Bhawana ji, we have been discussing gold and silver on your shows for a long time and we have always told investors that gold and silver are in a structural bull run.
00:27We have seen that higher highs in gold and silver have been made in the international market.
00:34If we talk about gold, it has given more than 40% returns in the international market, which is a record.
00:41In the Indian markets, we have seen more than 30% returns.
00:46We have seen a big duty cut in the union budget, yet we have seen gold reaching record highs in the Indian markets.
00:57This week, we saw gold reaching the 76,000 mark for the first time.
01:01If we talk about silver, we have seen it reach the 94,000 mark.
01:08We have also seen gold reaching the 12-year high in the international market.
01:13There are 2-3 major reasons for the increase in gold and silver prices.
01:18First, we have seen that post-COVID, global central banks have been buying in gold.
01:23The main reason for this is that after COVID, global central banks have been reducing their dollar reserves and the gold buying has been increasing.
01:35Second, we have seen geopolitical tensions heightening.
01:39After Russia and Ukraine, we have seen tensions in the Middle East increasing.
01:45Third, we have seen global central banks increasing their interest rates.
01:56In this month, the US Fed has cut the rate of 50 basis points.
02:01All these fundamental factors have been seen to be positive for gold and silver prices.
02:07We have also seen that gold prices are at a lifetime high in the international market and silver prices are also at a 12-year high.
02:18Manoj, we have seen the movements.
02:22What are the calculations?
02:23How far can the prices go?
02:25As you mentioned, the month of September is at an all-time high.
02:31What are the expectations of the buyers at these levels?
02:35What do you think about the bull run of gold?
02:37Will it continue in this financial year?
02:42The momentum will continue for the next 2-3 years in gold and silver.
02:50The long-term investors have been asked to continue investing in SIP.
02:58This is going to continue for a long time.
03:02The world is moving towards de-dollarization.
03:06We are also seeing that the cycle is going to continue for 1-1.5 years.
03:14We believe that this momentum will continue for the next 2-3 years in gold and silver.
03:19The long-term investors should continue investing in SIP.
03:23We have seen a good run-up in gold and silver prices for the short-term investors.
03:30If we talk about gold, the dips will be around Rs. 74,000-73,500.
03:37This will be a better level for fresh buying.
03:40If we talk about silver, the dips will be around Rs. 90,000.
03:44This will be a better level for fresh buying for the short-term investors.
03:49The short-term investors should wait for the dips.
03:52The long-term investors should invest in SIP.

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