Gold prices are set to rise in July, with indications that the price could reach around ₹1,52,000. An upward trend is expected to begin after the 15th of the month, potentially pushing prices to that level by the final week of July. While some fluctuations may be observed in the interim, a sharp rally is anticipated after July 15th. From an investment perspective, it would be advisable to wait for a while; however, investing via SIPs would be a highly favorable strategy.
From an astrological perspective, the planet Mercury is currently in a retrograde state within the Cancer zodiac sign and is in conjunction with Jupiter. As soon as a conjunction of the Sun, Jupiter, and Mercury forms here, the price of gold will begin to surge dramatically.
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