Скачать или смотреть Why Are Gold Prices Surging? Should You Invest In It? I Mitali Mukherjee I Gold Market

In 2020 – after a gap of over 9 years, gold hit the psychological mark of Rs 50,00 for 10 grams. But it isn’t a one off for this precious metal.  In 2019, gold prices rose by 25% on MCX, the year before that it was a more modest 6%. But COVID has changed everything.
 
In this video, Mitali Mukherjee explains that the biggest reason for this surge though is gold’s perception as a “safe haven”. The qualities attached to this include a guaranteed return, relatively stable prices and the ability to go against the trend. In an environment such as the one we have going today, the COVID pandemic, huge economic uncertainty, volatility in other investment options like stock markets and real estate, gold, a safe haven, sees it’s prices rise  when other investments suffer extreme losses.

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