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Gold Price Prediction: During Diwali, 40 to 50 percent consumers have converted old gold into new jewellery. In the current quarter this share may be around 20 to 25 percent.
The price of gold has been fluctuating for the last few days. Meanwhile, with the wedding season approaching, middle class people are becoming unable to buy jewellery. In this situation, experts have estimated what the price of gold will be at the end of this year and in the new year 2026. You can know about it in detail in this article.
It is estimated that there may be another significant increase in the price of gold in the coming months. Chetan Mehta, Chairman and Managing Director of Lakshmi Diamonds, in a conversation with ‘CNBC TV 18’ has predicted the price of gold in the new year 2026. This year, investment buying gold is stronger than buying jewellery, Mehta said.
However, with the wedding season underway, jewelery buying will increase again, he said. Sales were good during Diwali, he said, and after that there was a slump for about 10 to 15 days. Meanwhile, now the demand in the market has started increasing again, Mehta said.
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During Diwali, 40 to 50 percent of consumers have converted old gold into new jewellery. According to Mehta, this share could be around 20 to 25 percent in the current quarter. People are exchanging their old gold to buy bigger and better, newly designed jewellery.
People are now preferring diamond jewelery over ordinary gold. Both global buying and domestic demand can increase the price of gold in future, Mehta clarified. The coming months will be important for investors and buyers, said Chetan Mehta, Chairman and Managing Director, Lakshmi Diamonds. (Disclaimer: The information given here is for general information purposes only; it is not investment advice. Consult a financial advisor before making any investment. StuffUnknownHindi will not be responsible for the same.)





























