"In 2021, the record price of gold may go up to 65,000 rupees per 10 kilograms".
Gold prices may rise a lot in the new year. The price of gold per 10 grams can be around 65,000 rupees. If we look at last year, we can see that those who invested in gold and silver got huge returns.
However, it is expected that prices will go up further this year. Gold prices have reached record highs due to the corona virus epidemic.
Therefore, experts claim that in 2021, the price of gold and silver will increase even more. As a result, they have estimated that the price of gold per 10 grams will be around 65,000 rupees.
And the price of silver may increase to around 90,000 rupees per kilogram. Investors have seen returns of up to 27% on gold and up to 50% on silver last year.
In August last year, the highest price of gold was around Rs 56,200 and the price of silver was around Rs 80,000 per kg.
Gold futures traded up 0.09% at Rs 50,195 per 10 grams in early trade on the MCX. Silver Futures, on the other hand, gained 15% to Rs 68,208 per kg.
The Corona virus is causing financial uncertainty around the world and investors are investing in gold and silver. As a result, experts believe that in 2021, the price of gold may reach 65,000 rupees.