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Business News » Commodities News

In Samvat 2077, how will bazaar perform - what do numbers say? Astro numerologist Sanjay Jumani in chat with Anil Singhvi

Jumani said that he had been recommending buy on gold since Rs 30000 levels, even last year when gold was at Rs 40000, he had recommended a buy. He said he expected economy to worsen due to Rahu in the 4th year. It is known that when economic conditions worsen, there is defensive buying happening in gold as it is considered a safe haven for investors.

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In Samvat 2077, how will bazaar perform - what do numbers say? Astro numerologist Sanjay Jumani in chat with Anil Singhvi
Gold prices are not going to fall sharply but it may see strong upside as well going forward: Zee Business
Reported By: ZeeBiz WebTeam
Written By: Rahul Kamdar
Edited By: Harish Dugh
Updated: Thu, Nov 12, 2020
09:43 pm
Mumbai, ZeeBiz WebDesk
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In Samvat 2077, most investors have one question on their mind - will things work in their favour. How will the markets perform? Will fortune favour them? Zee Business Managing Editor Anil Singhvi speaks to Astro numeroligist Sanjay Jumani to know what the numbers say. Jumani said that he had been recommending buy on gold since Rs 30000 levels, even last year when gold was at Rs 40000, he had recommended a buy. He said he expected economy to worsen due to Rahu in the 4th year. It is known that when economic conditions worsen, there is defensive buying happening in gold as it is considered a safe haven for investors.

सवंत 2077 में कैसा रहेगा बाजार, क्या कहते हैं नबर्स?

शेयर या सोना, कौन कराएगा मालामाल?

नए सवंत में मिल जाएगी कोरोना से मुक्ति?

दिवाली स्पेशल में देखिए एस्ट्रो न्यूमरोलॉजिस्ट संजय जुमानी के साथ खास चर्चा#DiwaliOnZee #ZBizExclusive #StockMarket @AnilSinghvi_ @sanjaybjumaani pic.twitter.com/WgRWWrEGBT

— Zee Business (@ZeeBusiness) November 12, 2020

If the economy is strong than one may not see strong move in gold as other asset classes offer better returns to the investors. Sanjay said he is not as optimistic on gold as he was 3 years ago. Gold prices are not going to fall sharply but it may see strong upside as well going forward.

Silver and steel are two industries that will do well going forward. Investors should invest in this theme to get good returns. Markets will remain volatile for the next 1 year with a positive bias, he added.

Teaching and Training is the other theme that will remain in focus next year. Sanjay said he is expecting a corona vaccine to be developed in initial months of 2021. 

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Global economy will recover in 2021 and 2022 will be even better, especially for India, he added.

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
goldSilverMetalsAnil Singhvi
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