Gold reached 98 thousand in Jaipur Bullion, the hope at all times high today- know what business people say
Jaipur’s bully dealers predicted two months ago that gold prices would touch the air. On Wednesday, gold prices reached a record level of about Rs 98,000 at the Bullion Market in Jaipur. At the same time, Bullion Traders estimates that the price of gold in Jaipur will cross 99 thousand rupees today. Kailash Mittal, chairman of Jaipur Sarafa Dealer Committee, says gold prices are rising due to the US -China tariff war. So far, the price of gold has risen by about 20 thousand rupees per gram compared to last year. He said that ordinary consumers are no longer on the market due to the increase in gold prices, but since it is a season of weddings, only needy people at this time only buy gold. Meanwhile, Bhim Singh, businessman Bhim Singh, said the Bullion business has come to a complete standby because of the rising price of gold. He said the policy of US President Trump created an atmosphere of market uncertainty. This has increased the investment in gold in the international market, causing its prices to affect new heights. However, sometimes prices descend due to short sales. He said that the Tariff War launched by Trump also affected the stock market, which further raised the prices of gold. Share this story -tags