International gold prices recovered modestly on Monday snapping a six-day losing streak but they are still around 9 per cent lower from their recent peaks Do ...
Gold is a precious metal and is considered an attractive investment option. The gold prices in India fluctuate as per market situation and are keenly monitored during the time of trading.
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Gold's price movements often signal where investors think inflation is heading, even before official numbers come out.
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Pure gold, also known as 24-carat gold, is very soft and malleable. Therefore, for jewelry making, it's usually alloyed with other metals like copper or silver to enhance its strength and durability.
The demand for gold jewelry in Pakistan is particularly high, and many prefer to invest in gold items that hold their value over time, especially as a hedge against inflation or currency devaluation.