Gold price details

 Gold price refers to the market value of gold per gram or per ounce.

It changes daily based on demand and supply in the global market.

Factors like inflation, interest rates, and economic stability affect gold prices.

When the stock market falls, gold prices usually increase as it is a safe investment.

Gold prices are influenced by the US dollar value and central bank policies.

In India, gold price is also affected by import duty and GST.

People buy gold for jewellery, investment, and as a store of value.

Gold prices are higher during festival and wedding seasons.

International events and geopolitical tenksions raise gold prices.

Gold is considered a long-term and secure investment option.