The escalating trade war between the United States and China affects global markets and forces investors to ensure their portfolios with safe assets such as gold and silver.
On Tuesday, April 22, prices of 24 carat gold hit £99 380/10 GM, according to data on the Indian Association Bullion (IBA) at 11:30. The price of 22-carat gold was on £91.098/10 GMS.
Especially for retail customers across the large cities of the country where they almost touched the gold awards £99 500, you pay £1 lakh or more for 10 grams of gold after adding GST to the account. GST applied to gold purchases in India is 3 % (including 1.5 % CGST and each SGST). So for gold worth £1 lakh, you will pay almost £3,000 towards GST.
Social media users react
When gold touches, he records high prices, several social media users take X to make Krupo the one who invested in gold, especially women, even though some of them raised concerns about the purchase of gold.
One of the users commented: “Gold on £1,00,000! Mom – Beta, AB with Son Sirf Photos Mein Pehnna (now she only wears gold in the photos). “
Another user added: “The price of gold is rising as if it were an Olympic race. And an ordinary person can see a glow from a distance!”
“The government’s sister System Lakhpati has also been successful, with the degree of gold, today all the nurses in the country of Lakhpatis are,” another user said.
One of the users emphasized the government scheme of Lakhpati Didi and wrote: “Today, almost every woman in the country became” Lakhpati Didi “. Anyone who saves every penny to buy gold today has become Lakhpati. People made a lot of money today.
Another user said, “I have just seen messages about how gold prices touch one lake rupees – Indian women will show up as the best investors!”
(Tagstotranslate) Gold prices
