🪙 Are these the reasons.. There are two key reasons for the increase in the prices of paddy. If the atmosphere of war between Israel and Palestine in the Middle East countries is one reason, the other is the sentiment that the Federal Reserve rates will rise. 🪙
Gold is safe.. Gold is considered by everyone as a safe investment during times of economic and political uncertainty. In a country like ours, gold is not only a precious metal but also an amalgamation of culture and traditions. Due to this, the demand for gold is increasing. 🪙
🪙 Fear of war.. As the Israel-Hamas war escalates, everyone fears that it will evolve into a wider regional crisis. There are fears that this could turn into a protracted conflict. Moreover, Israel's Defense Minister Yoav Gallant recently said that he would even wage a war of demons to bring down Hamas, giving more impetus to these fears. 🪙
🪙 Demand for Gold.. Keeping these geopolitical tensions in mind investors are giving high priority to gold as a safe investment. Due to this, the demand increases and the prices rise. 🪙
🪙 This is also the reason.. Feder Reserve Chairman Jerome Powell's comments also caused the increase in gold rates. He said that there will be no increase in rates now. Due to this, many people kept the gold with them. Due to this, the supply of gold in the market decreased and the rates automatically increased. 🪙
🪙 Expert's Forecast.. As geopolitical tensions continue.. Economic fluctuations continue to unsettle the markets. Against this backdrop, experts say gold is an attractive and reliable investment option. 🪙
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