Gold prices are
unlikely to drop at least for next one year which makes the investment
in the yellow metal a wise decision, an expert said today. Mineral Metal Trading Corporation (MMTC) General Manager (Precious
Metals) Ravi Kishore said the global economic
scenario is directly linked to the prices of gold. "The prices will not come down at least for six months to one year and
the upswing will continue," Kishore told PTI here.
He said that gold prices are not linked to wedding season or any other phenomenon. "Gold prices are directly linked to economic scenario. Thats why during last two years, gold prices were appreciated close to 100 per cent," he said.
![]()
He said that gold prices are not linked to wedding season or any other phenomenon. "Gold prices are directly linked to economic scenario. Thats why during last two years, gold prices were appreciated close to 100 per cent," he said.
