https://www.desidime.com/comments/permalink/10231681
IMO buy atleast 25-40% of the requirement, as there is high volatility because of below reasons.
There are rumours of increasing GST soon.
Also many Market experts have flagged off concerns about increasing imports because of low import duty, so government may take a u turn on customer duty (not entirely but partial rollback is also possible)
Gold MCX expiry is in Aug 1st week, expect volatility till then, after new series start future price will be determined.
IMO buy atleast 25-40% of the requirement, as there is high volatility because of below reasons.
There are rumours of increasing GST soon.
Also many Market experts have flagged off concerns about increasing imports because of low import duty, so government may take a u turn on customer duty (not entirely but partial rollback is also possible)
Gold MCX expiry is in Aug 1st week, expect volatility till then, after new series start future price will be determined.
Its the only period you can buy at lower, very soon may be July 31st or Aug 1st week there is a intrest rate cut gona happen in us government. So the gold price would be increased. So rush and make it your need. Don't over buy