Gold Price Prediction Today – Is It the Right Time to Buy?

Gold prices, today look set to face resistance at Rs 121,000 levels. Financial analysts suggest that this could be linked to global economic uncertainty and the ongoing Covid situation.

Investors are always on the lookout for safe investments, of which gold has traditionally been one. But with potential resistance at such a high level, is it the right time to buy gold?

It’s a challenging question, especially in these uncertain times. Whether or not to invest in gold depends on multiple factors like economic scenarios, the investor’s risk tolerance and future outlook, among other things.

To invest wisely, experts suggest keeping a close eye on market trends and making a well-informed decision based on thorough research. They also point towards other assets like stocks and bonds which might be a safer bet amid all the unpredictability. Read More