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14.11 - 08:31
Should you invest in gold this Dhanteras? Keep these important things in mind
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With Diwali just around the corner and this (November 2) being the Dhanteras day, the yellow metal has again started gaining its buzz across the country. In fact, heavy buying in gold has been witnessed in the pre-Diwali season each year as bringing gold is also attached with religious emotions. And this seems to be an opportune time for buying or investing in the yellow metal as gold prices are likely to rise going ahead.
Gold prices have already seen a surge if we look at 2019 and 2020. Although gold has witnessed some underperformance in 2021 where prices have been trading between Rs 47,000 and 49,000 mark, but the demand for gold in India has bounced sharply from the lows seen during the pandemic in 2020, according to Motilal Oswal
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