With Trump's victory, the 'good days' of gold ended, the biggest fall of 3 years, silver also breathless ... Buy now or wait?

Why Gold Price Fall: The price of gold reached an all-time high. The period of rise in the price of gold stopped so much that gold went on disintegrating. On the one hand, the stock market is falling, on the other hand, the price of gold and silver is falling.

Gold Rate Today: Till a few days ago, the price of gold was making new records, the price of gold reached an all-time high. The period of rise in the price of gold stopped so much that gold went on disintegrating. On the one hand, the stock market is falling, on the other hand, the price of gold and silver is falling. This year, gold has fallen by Rs 5400 after touching its historic record high rate. Both gold and silver have come down from record highs. Especially since the victory of Donald Trump in the US election, gold is under constant pressure.

Biggest fall in gold in 3 years

The price of gold is under pressure in the domestic market. Last week was the worst for sleeping. Last week, gold prices fell by more than 4 percent. This is the biggest decline in any week in three years. With this, gold prices have reached a 2-month low. In Delhi, the price of 24 carat gold has reached Rs 75813 per 10 grams. Gold has fallen from its all-time high to Rs 5400.

The US connection to the price of gold

Since the results of the US election, the pressure in the price of gold is increasing. The dollar index has gained momentum after Donald Trump won the presidential election. Trump's return has strengthened the dollar. At the same time, hopes of ending the Russia-Ukraine war have increased. That is why the demand for safe investment has also fallen. At the same time, after Trump's victory, the price of Bitcoin is constantly filling. The attraction of investors is increasing there. At the same time, the US Fed can avoid opening its cards right now. Due to the rise in inflation, the interest rate cut by the Federal may be delayed. All these factors are increasing the pressure on the price of gold.

Buy or hold gold?

According to market experts, the price of gold may fall further in the short term. Anuj Gupta of HDFC Securities, while talking to a news channel, hoped that the price of gold may fall further in the coming one to one and a half months. It is expected that gold can fall further by Rs 5000 per 10 grams. In such a situation, if you are planning to buy gold, then keep an eye on the prices.

Gold Price Today

The 22-carat

gold per 10 gram

is selling at Rs 47,200 while the 24-carat gold per 10 gram is selling at Rs 47,200

per 10 gram.