Gold gave a 28 per cent return this year, next year could be 65 thousand

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New Delhi, 31 December 2020 Thursday

The success of the global vaccine front has boosted hopes of a global economic recovery, with investors increasing their investments in risky assets such as gold to equities over the past few months.

Gold is expected to rebound in the first three months of 2021, as gold seems to have touched its lowest level in the last month.

Gold has fallen 10 per cent from an all-time high following positive news ahead of the Covid-19 vaccine, which has always lived up to investors' expectations. 14.96 per cent in 5 years and 19.75 per cent in three years.

According to experts, the price of gold on the MCX could go up to Rs 62,000 to Rs 65,000 per 10 grams. And inflation is rising.

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