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It's not my personal choice but I've been born and raised in a country that is most bullish on the Yellow Metal.
However I'm not a big fan like most other Indians, but I like to catch up on the price actions, especially when the marriage + festive season is right on the corner.
My brother is gonna be marrying the next month and we at least will have to buy 10 ounces for the bride in jwellery. And Diwali is right on the edge when people here usually buy gold coins and ornaments. Let's see how this demand + the global demand for Gold goes by.
I've created a market on Predyx for anyone and everyone who loves to predicting the future.
Leemmee know what y'all think???
Shall I wait to buy or buy now?
21 sats \ 3 replies \ @grayruby 6h
It will not
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Say it on the market and get defeated. ;) You don't know what's going on in this part of the world.
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21 sats \ 1 reply \ @grayruby 6h
I do think gold will hit 5k but not by the end of the year. Gold is overbought at this point. It needs at least a cooling off period if not a correction.
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I'm 90% with you but my 10% side says the upcoming demand from India, Nepal, Bangladesh, srilanka, china for the festivals and marriage season would take it higher.
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