Gold prices are increasing at a rocket speed. Gold prices fell for a few days last week, but now gold has started running fast once again.

Gold prices have been rising since the beginning of the year. At the same time, the reason for the increase in prices is believed to be the turmoil in the international market. Gold is on a continuous rise at the global level. Experts have also given their estimates regarding the price of gold.

Why are gold prices rising?

The first reason behind the increase in gold prices is believed to be the ongoing trade war on the international stage. Gold (Gold Rate Hike) is continuously increasing. Tariffs have been imposed by the US in many countries of the world.

Due to the imposition of tariffs, there is a stir in the international markets and investors are seeing the danger of economic recession. Due to this, investors are attracted to gold.

Prices increased by 6.50 percent this month.

Gold prices have increased by 23% so far this year, while gold (Gold Rate Hike) has increased by 6.50% this year. Gold prices are constantly increasing. Recently the prices have come down a bit, but have started increasing again.

Different experts have different estimates by the end of the year.

Different experts have different estimates regarding the price of gold by the end of this year. John Mills has made some estimates, while Goldman's estimate is completely different from his. Let us know what is the estimate of which subject noun and what is the logic behind them.

John Mills estimates that the price will remain at 56000

Regarding the price of gold, international expert John Mills has estimated that by the end of this year, gold will remain at 56,000 per ton. He believes that gold (Gold Rate Hike) is now running at its high level and a decline will be recorded in it.

The ongoing turmoil over tariffs may continue for a few more days. After that, those who have invested in gold will start booking profits and the market will stabilize. This will lead to investors returning to the market, due to which the demand for gold will decrease.

Gold will become expensive according to Goldman.

At the same time, Goldman has predicted that gold may reach $3950 (Gold Rate Prediction) by the end of this year. They had earlier estimated that the price of gold could go up to 3700, which has now been increased further.

According to them, due to the risk of recession in the bank, there is a demand for more gold in central banks and the flow of exchange-traded funds has increased. According to them, if there is a recession, the price of gold may increase even more. According to India, gold will comfortably cross one lakh by the end of the year.

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