ISLAMABAD: The price of gold in the country has reached a record level of Rs 470,862, while gold prices in the global market have reached $ 4,485 per ounce, which is expected to increase further.
But will the price of gold continue to increase? This is the question that people want to know the answer to.
Gregerson, founder of precious metals dealer and storage provider Silver Bullion, says that given the uncertain situation in the global economy, many investors, banks and wealthy families are now considering gold as a safe investment.
According to Gregerson, most of our customers hold gold for a long time. He explained that the majority of his customers keep gold for more than four years.
Gregerson says that at some point the price of gold will fall, but I believe that in the current economic scenario, the trend of rising gold prices is expected to continue for at least the next five years.
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