The gold rate has been on the low for a while now, considering how all the other sectors are rising, maybe hold off on investing in gold now and wait for the market to shift again.
Gold seems to be on the down low, but because of the value it carries, I’m sure it won’t stay like this for a long time. Everyone is engrossed in other assets, plus there have been multiple market changes recently. It hasn’t been easy for anyone.
Gold is always going to remain high in value so if you’re considering investing in gold right now Because of the dip in the past weeks, it has depreciated but it will pick up again.
Another important variable in Gold demand is real yields in US and they are currently rising. That's why despite recession risks and high inflation demand for gold remains low.