Gold Prices Soar: 1 Gram Price Shocks Buyers, Investors

Business
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News18•06-01-2026, 14:11
Gold Prices Soar: 1 Gram Price Shocks Buyers, Investors
- •Gold prices are rapidly increasing, setting new records daily and shocking ordinary people and investors.
- •International gold prices, dollar fluctuations, geopolitical uncertainty, and global economic turmoil are driving the surge.
- •22-carat and 24-carat gold prices are rising, with 24-carat seeing a faster increase, impacting buyers.
- •Experts foresee little chance of a significant drop, with potential for new highs if market instability continues.
- •Buyers face a dilemma; phased purchasing is suggested for jewelry, while gold remains a safe long-term investment.
Why It Matters: Gold prices are soaring due to global factors, creating a dilemma for buyers but remaining a safe investment.
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