Factors leading to decreasing trend in gold price!
Posted on: 18/Jun/2021 12:06:08 PM
When enquiring with the President of the Madras Diamond and Gold Traders’ Association, Jayanthilal Shavani shared:
“With the trend of reducing investment in gold, the investors have recently preferred to invest more in the stock market.
Due to this development and the present buying capacity of the citizens being rather low in the prevailing raging coronavirus pandemic, the price of gold has sown a declining trend!
The declining trend will continue till this weekend! There will probably be further reduction in gold price!”
