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What's holding back gold buyers this Diwali? Let's find out

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Updated on: 02 November,2023 11:46 AM IST  |  Mumbai
Ronak Mastakar | ronak.mastakar@mid-day.com

With Diwali approaching, the price of gold is on the upswing, and many are wondering if it's a good time to invest in the precious yellow metal

What's holding back gold buyers this Diwali? Let's find out

Representative image/iStock

With Diwali approaching, the price of gold is on the upswing, and many are wondering if it's a good time to invest in the precious yellow metal. Gold prices have risen amid geopolitical tensions in the Middle East and speculation of the US Federal Reserve keeping interest rates high. Experts believe gold has shown a promising upturn post the Gaza-Israel conflict supported by robust domestic demand.

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