In bullion markets, gold and silver shines this week. Last week, 24 carat gold was priced at Rs 1762 per 10 grams. At the same time, silver fell to Rs 3452 per kg. The gold start this year is the worst in the last 30 years. The condition is that gold is cheaper from its all-time high (Rs. 56254 per 10 grams) to Rs.
Wait some time to invest in gold and silver
IIFL Vice President (Commodity and Currency) Anuj Gupta told Hindustan that the impact of the Fed’s signal to raise interest rates has been seen in gold and silver prices. Gold and silver may fall further and gold will soon reach 00 1800 per ounce in the international market. From $ 26 for silver ounces. Can come up to 26.50. The effect can also be seen in the Indian market. Gold can again reach 45,000 thousand for ten grams and 68 thousand silver for kg. In such a situation, for those who are preparing to invest in gold and silver, it is best to wait a little. In the coming time, there may be an opportunity to buy cheap gold.
Such was the movement of gold and silver this month
Date | The morning price of gold was Rs | The gold price in the evening was Rs | The price of silver mornings is Rs |
Silver Evening Price per Kg |
18 June | 47201 | 47266 | 68379 | 68687 |
June 17th | 47611 | 47556 | 70079 | 69520 |
June 16th | 48529 | 48397 | 71390 | 71393 |
15 June | 48619 | 48598 | 71359 | 71202 |
14 June | 48475 | 48345 | 71638 | 71340 |
11 June | 49248 | 49028 | 72353 | 72139 |
June 10th | 48843 | 48750 | 71173 | 71224 |
09 June | 49039 | 48981 | 70915 | 70819 |
08 June | 49047 | 49031 | 71294 | 71331 |
07 June | 48760 | 48806 | 70660 | 70750 |
28 May 2021 | 48587 | 48654 | 70588 | 70500 |
31 December 2020 | 50123 | 50202 | 67282 | 67383 |
7 August 2020 | 56254 | 56126 | 76008 | 75013 |
Source: IOC
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