Gold prices set to fall further!
The bullion market is bearish. Market analysts predict that the price of an ounce (31 grams) of high-quality gold—currently trading near $4,100—could soon drop to $3,800. However, this depends on US unemployment figures and interest rates. If the international price of gold falls to $3,800 per ounce, the price for 10 grams of gold in India is expected to trade between ₹1.35 lakh and ₹1.40 lakh.
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