Record break rise in gold prices, up by 5 thousand in a week

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The impact of the global crisis is seen in every sector. Recently, two American banks became victims of financial crisis. The effect of which has been seen directly on the world market. Due to this, the Indian stock market is going through a massive recession. As a result, investors chose to buy gold as an option. But today, if we talk about gold, there has been a huge jump in the price and the price of 10 grams of gold has been recorded up to 60 thousand rupees.


5 thousand increase in gold price in a week

Regarding the increase in the price of gold, an analyst said that the increase in the price of gold is due to the crisis in the banking sector of America and other countries, as well as the weakness of the dollar and the demand for safe investment, the fall in the stock market. People are opting for gold as an investment due to the sharp fall in the stock market. So, the price of gold has increased by 5 thousand in a week.


The global bullion market posted its biggest weekly gain in three years

Comex gold prices gained momentum in Asian trading hours and touched a 55-week high of $2,005 an ounce, according to an analyst. According to this expert, “The wave of banking crisis rocked global markets and bullion saw its biggest weekly rise in three years.

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