Gold Prices Scale Over Rs. 38,000: This Is Why You Should Still Buy It?

Global as well domestic headwinds has once again set the eyes rolling on the yellow precious metal which is sought for safety during times of geo-political and economic turmoil. Earlier during the week, gold recorded a new high of Rs. 38,488 per 10 gms while in the global markets gold has been trading at its over more than 6 year peak at $1505.20 per ounce.

Now what future holds for the yellow metal prices and should investors take its rescue even at such prices, we will discuss here:

Though there has been softening of demand in jewellery buying due to high prices, experts suggest that while any time is good time to dig in gold, but the current interplay of events make gold a still better bet at this high level:

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