Gold Nears ₹1.5 Lakh: Is This the Right Time to Sell Gold in Chennai?
Gold prices are hovering near an all-time high, with rates approaching ₹1.5 lakh per 10 grams. Strong global momentum, rising geopolitical tensions, inflation concerns, and safe-haven demand have kept gold prices elevated over the past year.
Since mid-2024, gold has delivered exceptional returns, significantly outperforming equities during certain periods. With prices remaining firm and speculation continuing in the bullion market, many investors are now considering whether this is the right time to book profits.
For residents in Chennai, the current surge presents a potential opportunity to sell old or unused gold at attractive rates. Market experts suggest that when gold trades near record highs, it can be a favourable time for those looking to liquidate jewellery, coins, or bullion holdings.
Those planning to sell gold in Chennai are advised to check live market rates, compare offers from reputed gold buyers, and ensure transparent valuation before making a decision.
Get in touch with trusted gold buyers today and receive the best cash value for your gold!
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