Expected Gold Price in 2022 : The festival season has started in the country. Now the festival of Diwali and Dhanteras is coming next month in October. With which people start preparations a year in advance. Now people are waiting for the price of gold to fall this year. It has been an Indian tradition that buying gold in the festive season is considered very auspicious. Questions are being raised about the prices among the buyers of gold. It is expected that the prices of gold and silver are declining in the last few days.
gold price last year
Let us tell you that on Dhanteras last year, the price of 24 carat purity gold was Rs 56,500 per 10 grams. On Friday, the price of gold has closed at Rs 50,729 per 10 grams in the Delhi bullion market. In this way, the price of gold can come down significantly on Dhanteras.
gold price will fall
Tarun Tatsangi, Assistant General Manager, Commodity Research, Origo E-Mandi says that the price of gold in the bullion market is expected to come up to Rs 46,000. At present, no such factor is visible. Due to which the price of gold can be supported.
no recession effect
There is a possibility of recession in Europe and America. If there is a recession, it will not have any effect on gold prices. It is known that most of the countries were not prepared to deal with the recession in the year 2008. It had more impact. This time most of the countries are gearing up to deal with the recession.
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