Whether Trump wins or loses, gold will see a boom, if you invest it will be a big benefit

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New Delhi, Saturday 10 October 2020

The big festival of Diwali is coming up in India, it is considered auspicious to buy gold at such a time, in the current situation, gold prices are constantly fluctuating, it is because of the US presidential election.

Experts believe that whether Donald Trump wins or loses the US election, there will be a rise in the price of gold, for a number of reasons.

Experts say the price of gold will rise or fall depending on the new president's speech after the US election results come out. However, whether Biden or Trump wins, there is a good chance that gold will rise, because Trump is a lover of equities. Is on.

After Trump wins, profits will rise, which will benefit gold, and if Trump loses, and Biden wins, the stock market will crash, and investors will rush to buy gold again, in both cases gold could rise.

In the same way, if Trump wins, he will create controversy if his statements cause controversy, and this will be the case in 2016, during his conflict with China and Iran.

The rising case of Corona will lead investors to a safer investment and hence the investment in gold will also increase and in this situation gold is expected to rise, the last 8 months have seen a rise in the price of gold and it is expected to continue,

With a limited amount of gold being traded at the moment, the price of gold could rise by 3 to 5 per cent after the US election.

At 11 a.m. today, gold is trading at Rs 50,474 per gram, up by Rs 192, while silver is trading at Rs 185, up by Rs 60,357 per kg.

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