According to those in the jewellery business, the price of gold is expected to rise further. “Investment in gold is the safest option. Whenever there is a disturbance, be it political or economical, the demand and price of gold goes up. Apart from the daily purchase in the form of jewellery, people these days are buying biscuits and coins too,” said Anil Talwar of Talwar Jewellers in Sector 22.
Even banks have reported a significant increase in the number of customers buying gold coins in the last three months.