The shine of gold increased, there can huge earnings?

gold is making records this year. Right now again the prices of the yellow metal have made a new record. gold has already beaten stocks in terms of returns this year, but now analysts believe that a lot of money can be earned from it. Let us know how much gold can earn and how to invest in it...

gold can cross 78 thousand

gold is currently above Rs 75 thousand per 10 grams in futures trading on MCX. On the Multi Commodity Exchange, gold was trading at Rs 75,115 with a gain of 0.15 percent at 3 pm. Before that, gold has set a new all-time high record and has crossed the level of 76 thousand in intraday. Analysts are expecting that gold can go up to Rs 78 thousand in the festive season this year. Meaning, there is scope for a good increase in gold prices in the next one and a half months.

gold made this new record

According to a report by CNBC TV18, on Tuesday, the price of spot gold in the US market reached a new high of $ 2,638.37 an ounce. At the same time, the price of US gold futures went up to $ 2,661.60 an ounce. On Tuesday, gold also reached an all-time high in the indian market. According to the report, the price of 24 carat gold had climbed to Rs 76,330 per 10 grams yesterday.

Disadvantages of buying physical gold

There are 2 ways to invest in gold - one wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital, the other physical. Many people prefer physical gold due to emotional value, but buying wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital gold is considered suitable in terms of investment. There is a risk of theft with physical gold. To avoid this, if you resort to bank locker, then you have to pay for it. The second biggest disadvantage is the deduction made in the name of making charge and adulteration etc. while selling. wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital gold solves both these problems.