Special podcast: Gold hits 10-month high; should you invest?

Hello there! This is Abhinav Kaul with ETMarkets’ special podcast on Gold.

Gold prices spiralled by Rs 990 to 31,350 at the bullion market on Friday on the back of positive global trend.

The dollar fell to its weakest level since 2015 as tension between North Korea and the US intensified further.

Hitting a 10-month high of Rs 31,350 per ten grammes, the precious metal witnessed the biggest one-day surge of this year.

However, demand from local jewellers remained low in view of the ongoing inauspicious period of 'Shradh'.

We have with us Tarun Satsangi, Head of Research for Commodities and Forex at Globe Commodities to take us through the factors which are driving gold prices this year and where it is heading amid the geopolitical unrest.

So Mr Satsangi ….which are the factors that are supporting gold at present?
Byte: Satsangi 1

Where is the metal heading?
Byte: Satsangi 2

So, can you also tell our listeners how to invest in gold?
Byte: Satsangi 3

That’s it for today. Do come back for our special weekend podcast on Saturday and check out our daily market podcast every morning and evening only on ETmarkets.com