Gold and silver shine increased in the bullion market today, gold can go up to 50 thousand by Diwali | Gold and silver shine increased in bullion market today, gold can go up to 50 thousand by Diwali

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  • Gold And Silver Shine Increased In The Bullion Market Today, Gold Can Go Up To 50 Thousand By Diwali

New Delhi39 minutes ago

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After yesterday’s fall, gold has once again crossed the price of 48 thousand. According to the website of Indian Bullion and Jewelers Association, gold has become costlier by Rs 235 to 48,006 in the bullion market today. On the other hand, talking about MCX, gold is trading at Rs 47,820 with an increase of Rs 46 at 4:30 am.

Talking about silver, according to the website of Indian Bullion and Jewelers Association, silver has become costlier by Rs 613 to Rs 69,254 per kg in the bullion market today. However, silver is trading at Rs 69,192 with a fall of Rs 183 at 4.30 pm on MCX.

gold price by carat

carat Price (Rs./10 gram)
24 48,006
23 47,814
22 43,973
18 36,005

Gold may become more expensive in the coming days
Manoj Kumar Jain, director of Prithvi Finmart, says that gold may become more expensive in the coming days due to rising inflation and the possibility of a third wave of corona. By Diwali, the price of gold can reach 50 thousand.

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In the international market too, gold reached near $ 1810
In the international market too, gold has seen good gains today. Gold has reached near US $ 1,810 an ounce here today. On July 1, it was close to $ 1770. Experts believe that by the end of the year gold can go up to 2 thousand US dollars per ounce.

Gold came close to 43 thousand in March
In August 2020, gold touched a record level of Rs 56,200 per 10 grams, but after the vaccine came, it came down to 43 thousand in March this year, but in the second wave of corona, it again became expensive and then 48 thousand. But has arrived. There is a lot of volatility in the prices of gold these days.

Government opportunity to invest in gold
The sale of the fourth series of Sovereign Gold Bond Scheme 2021-22 has started from July 12 and will run till July 16. The government has fixed a price of Rs 4,807 per gram for this. Those who apply online and pay through digital payment will get a discount of Rs 50 per gram.

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