Why is gold becoming so expensive?
Fear of War: The increasing tension between Iran and Israel (Iran War) has scared investors. When there is uncertainty in the world, people consider their money safe in gold.
Dollar weakness: Changes in the prices of dollar and crude oil in the international market are having a direct impact on gold.
Heavy Demand: Due to the festival and wedding season in India, people are shopping heavily, due to which the prices are not showing any signs of decreasing.