India is a price sensitive market. In this article, we will be looking at top 5 factors influence gold price and silver price in India. In India, people look at the price fluctuation as their top priority before buying jewelry. Rise and fall of gold and silver prices is the daily process. There are some days, when the price may fall and rise many times in a day. There are numerous factors that affects the gold and silver prices. In my view, top 5 factors influence gold price and silver price are:
- Government Gold Reserve Affects Gold Price.
- Foreign trade Policies.
- Effects Of Inflation On Gold Price.
- Demand and Supply.
- Economy Factors on global level.