 "Gold prices are rising due to Trump’s tariffs, may break all previous records in a few days – News-Patiala ਪੰਜਾਬੀ")
Gold price (GOLD PRICES) is constantly touching sky. It seems as prices have been caught and constantly growing. Experts believe that if the value of gold is increasingly increased by Rs 15 lakh from Rs. 1 lakh from Rs. 1 lakh per 10 grams. Gold has not been cheaper for a day since January 29.
It also increased on February 18. According to the India Boolean and Javelorus Association, 24 caratrable gold rose by 10 grams of Rs 436 to Rs 85,690. Earlier, gold was at Rs 85,254. On February 14, gold had the highest level of Rs. 86,089. Gold has become expensive from January 1. This year, from January 1, 10 grams of gold grows Rs 24,528 to Rs 76,190 to Rs.
Gold is growing by Trump Tariff’s shock!
The main reason for growing gold prices is being told to Trump Tariff Policy. Trump imposed 25 percent of tariff on the import of steel and aluminum from three countries. This caused chaos in the metal market. This is why gold prices are being seen record growth. Being becoming a Trump American President has also increased the oriential stress.
It is also a big reason behind gold. Gona is also expensive due to the dollar as weakening of Rs. In addition, increased inflation also supports the value of gold. Due to the rising institution in the stock market, people are also increasing their investment in gold.
Gold is also determined by the price culture of gold in India
Gold prices have a large role in fluctuations, but if we talk about gold value in India, it is mainly determined by the culture instead of the market. Gold in India symbolizes wealth and security. Gold is also preferred if we consider from investing views. For this reason, the gold rate in India is treated worldwide conditions, currency fluctuations, as well as the domestic demand basis.