Gold and silver will remain bullish, the price of gold will increase by this much in Samvat 2081

The new Samvat 2081 will also see a good increase in the price of gold and silver. According to experts, gold can give a return of 15-18 percent in Samvat 2081 due to positive economic factors and demand for safe investment. Samvat 2081, which started on the day of Diwali, marks the beginning of a new financial year in the Hindu calendar and is therefore important for Indian investors. Experts said that the performance of gold and silver has been strong in the previous Samvat 2080 and the sentiment remains positive for Samvat 2081. He also said that in case of changes in global factors, investors may also get marginal profits.

Gold may become expensive by 15-18 percent 

Jatin Trivedi, Vice President, Commodity and Currency Research at LKP Securities, said, the prospects for gold remain positive in Samvat 2081. We expect at least a 10 percent rise and if the import duty cut continues to spur buying, gold may become expensive by 15-18 percent. Gold has outperformed many asset classes including Nifty in Samvat 2080. Pranav Mer, Vice President, of Commodity and Currency Research at JM Financial Services, said that gold prices were supported by continuous purchases by central banks and changes in global interest rate policies. 

Silver price increased by nearly 40 percent

Central banks around the world bought gold amid geopolitical risks and the possibility of future interest rate cuts, causing its prices to rise by up to 40 percent last year. On the other hand, silver saw a strong rally during Samvat 2080 and the price of this industrial metal rose by about 40 percent. Experts said that the demand for silver will continue to rise due to renewable energy commitments.