Is Gold Price Rising Due To Corona Virus?

 05 Jul 2020 ( News Bureau )
POSTER

In the era of Corona virus epidemic, while the world economy is crumbling and jobs are facing a crisis, on the other hand, the prices of gold and silver are skyrocketing day by day.

After the pandemic, India's economy has already reached a worse state. The International Monetary Fund (IMAF) has estimated India's growth rate in this year to be 4.5%.

Not only India, the IMAF has estimated this growth rate for the world economy at 4.9%.

Amidst all this, one news that definitely attracts attention is the price of gold.

The price of gold in India at the beginning of June was around 46,600 per 10 grams, which has now crossed Rs 48,000 per 10 grams.

At the same time, in the month of June, the highest recorded increase in gold prices in the world in the last eight years.

The fall in gold prices was recorded on Friday but it was only around 400 rupees. Experts believe that the prices of gold will be seen more quickly.

 

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