£ 5.500 dropped the golden rate, no one would have thought so much! What will happen next? Know

Last updated: June 27, 2025, 16:33 IST Gold Price fell by about Rs 5.500 from its highlight. It is a 5 percent drop. Gold prices began to decline in the light of the possibility of peace between Iran and Israel. If you invest now, can make money? Know … Read more highlights Gold dropped by Rs 5.500. Press at gold rate due to reduced tension in the Middle East. The price of gold in the long run can amount to $ 4,000. Gold price drops: There has been a constant decline in gold prices for some time. Gold rates on MCX have so far dropped to about 5 percent or Rs 5.448 per 10 grams of the record height. The golden rate fell by Rs 1.457 to Rs 95,630 per 10 grams on Friday. Gold was at its highest rate on June 16. It was up to 1,01,078 that day, but since then it has dropped by 5 percent. One of the main reasons for this decline is that US President Donald Trump announced the end of the ongoing war between Iran and Israel. While the war was going on, gold prices rose very quickly, as investors were looking for a safe investment in an atmosphere of fear and uncertainty at the time, and at such a time gold is the safest option. But once this war ended, and the stock market has accelerated, the trend of investors went away and went to shares. What is being said about the price of gold, in a report of expert enterprise today, according to the executive chairman of Aspect Global Ventures and Vice President of India Bullion and Gloves Association, Akshay, people have now paid less attention to the resistance (such as gold) due to reduced tension in the Middle East and a positive environment on the trade. As a result, there is pressure on the gold rate and trades it with a slight decrease in a limited range. Although the constant shopping and emerging festivals of central banks can prevent prices from falling more, the price is less likely to rise in the near future. According to Rahul Kalnist, the vice president of Mehta Equities, the international market has recorded an increase in gold and silver prices due to the decline of the US dollar index. The rate of dollars dropped below the lowest level of 3.5 years. In addition, the 0.5 percent drop in GDP of America also supports the gold price. Nevertheless, due to reduced tensions in the Middle East and recovery in the global stock market, gold prices could not rise much. When you look at the rupee, gold support gets between 96.650 to 96.480 rupees and there is a resistance between 97,350 and 97,600 rupees. International support support is between 3288 and 3265 $ 3265 and resistance between 3330 to 3345 dollars. Gold investment: What is in the long run has made Bank of America a positive estimate of gold from a long -term perspective. Currently, the international gold rate is about $ 3,330 per position, which has risen by 40 percent over the past one year. The bank is of the opinion that the price of gold can reach $ 4,000 per ounce by next year, that is, it is expected to rise by about 20 percent. However, he also says that war or geopolitical conflict cannot increase the gold rate for a long time. Gold prices are constantly seeing over the past three years. This year it increased by 45 percent, while it has increased more than 20 percent over the past two years. Looking at the last ten years of returns, gold has given a huge return of about 180 percent, making it a strong long -term investment option. (Disclaimer: This news is only suppressed for information. If you would like to put money in any of these shares, consult the first certified investigation advisor. News18 is not responsible for any of your benefits or loss.) Author Malkhan Singh Malkhan Singh has been active in the world for the past 16 years. In the journey of print media to digital media, the name of many well -known institutions in profiles is connected. Work for two and a half years with News18hindi … Read more Malkhan Singh has been active in the world of news and content for the past 16 years. In the journey of print media to digital media, the name of many well -known institutions in profiles is connected. Worked with News18Hindi for two and a half years … Read more location: New -Delhi, New -Delhi, Delhi Homebusiness £ 5.500 dropped the golden rate, no one would have thought so much! Now what next? File