Gold Price Today: On the Multi Commodity Exchange, gold prices saw a fall of Rs 318 yesterday. The price of 10 grams of gold has come down to Rs 48,880. According to experts, the continuous fall in gold prices is a good news for investors. According to estimates, the price of gold will fall further and it can reach Rs 48,500. According to experts, the continuous fall in gold prices should be seen as an opportunity. Because by the end of 2021 it can reach Rs 53,500 per 100 grams.
According to Amit Sajeja, Research Vice President, Motilal Oswal, “As per the current trend, gold prices are expected to remain in the range of Rs 48,300 to Rs 49,500 per 10 grams during the next one month. I would recommend all investors to view this correction as a buy. In some time it may reach 51,000 per 10 grams.
Anuj Gupta, Vice President, Commodity & Currency Trade, IIFL Securities says, “Gold prices will remain positive in the medium to long term. Investors can invest in it when the prices fall. Anuj Gupta says, ‘There can be a fall in the prices of gold in the international market. Currently it is $1,880 oz. But in future it is expected to reach $ 1960. According to Anuj Gupta, gold prices can rise after July 15 and by Diwali this year, gold prices can reach Rs 53,500.