Gold Price Update: There is a significant fall in the price of gold once again, gold reached the level of Rs 28573 per 10 grams
New Delhi:If you are planning to buy gold then this news is for you. The price of gold has once again registered a fall. According to the rate issued by the India Bullion and Jewelery Association, on the fourth day of this trading week i.e. on Thursday, when the price of gold registered a fall, silver closed with a gain.
According to bullion market experts, due to the fall in the prices of gold and silver, this time is a good opportunity and time for those investing in gold.On Thursday, the price of gold was reduced by Rs 138 per 10 grams. After this fall, the price of 24-carat gold came down to Rs 48843 per 10 grams. Earlier on Wednesday, 24-carat gold had closed at Rs 48981 per 10 grams.
On the other hand, the price of silver recorded an increase on Thursday. Due to this the price of silver once again reached above Rs 71000 per kg. On Thursday, silver prices rose by Rs 354 per kg. After this increase, the price of silver rose from Rs 70819 per kg to Rs 71173 level.On Thursday, 24 carat gold – Rs 48843, 23 carat gold – Rs 48647, 22 carat gold – Rs 44740, 18 carat gold – Rs 36632 and 14 carat gold – Rs 28573 per 10 grams closed at the level of Rs.On Thursday, a fall in the price of gold was also seen in the international market. In the US, gold traded down by $ 11.36 to $ 1,877.23 an ounce, while silver was down by $ 0.17 to $ 27.65 an ounce. gold will be cheated till diwaliYou know that in the past, gold had reached a high of Rs 49,700 for almost 5 months. At the same time, experts say that amidst volatility, gold will remain at a high level for at least one-and-a-half years.
There can be a jump of 10 to 15 percent in gold around Diwali.Gold hallmarking will be applicable from June 15, 2021 NoteworthyThat the rule of hallmarking on gold jewelery will be applicable from June 15, 2021. Amidst the increasing cases of Corona, the government has decided to implement this decision from June 15 instead of June 1. The purity of gold and silver jewelery is measured by hallmarking.Gold is getting cheaper than Rs 7000 per 10 gramsLet us tell you that gold is currently trading around Rs 49000 per 10 grams. Therefore, gold is getting cheaper by about Rs 7000 per 10 grams from its all-time high. But if experts are to be believed, its price may increase further in the coming days.
In view of the Corona crisis, it is expected that its price can go up to Rs 56000 per 10 grams. According to a report, like last year, gold can set new records this year too.