Gold Price Review: Gold at Rs. 3616, silver at Rs

So far this year, the golden glow, which has been inexpensive at Rs 2396, began to rise even before the wedding season began, and today gold prices are rising as the corona speeds up. The price of 24 carat gold fell to Rs 8448 from the all-time high of the bullion market last year, but it rose to Rs 637 per 10 grams last week, and in April alone, gold was up from Rs 3616 in the last 23 days. At the same time, silver also rose a lot. The price has soared to Rs 6290 so far this month. At the same time, it is still cheaper than the high price of Rs.

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Date Gold Morning Price Rs / 10g The golden evening price is Rs Silver Morning Price Rs / kg Silver Evening Price Rs
23 Apr 2021 (Friday) 47615 47806 69075 69152
22 Apr 2021 (Thursday) 47864 47814 69966 69800
20 Apr 2021 (Tuesday) 47174 47478 68608 68743
19 Apr 2021 (Monday) 47555 47592 68482 68894
16 Apr 2021 (Friday) 46917 47169 68286 68810
31 March 2021 44228 44190 62727 62862
31 December 2020 50123 50202 67282 67383
7 August 2020 56254 56126 76008 75013

Source: IBJ

If we talk about this year, i.e. 2021, gold has started its worst in the last 30 years. Gold prices began to decline from January, but both gold and silver managed to make good gains in April. With gold and silver prices rising, jewelry buyers at the wedding will be disappointed.

There may be too much ahead

According to Kedia Commodities Director Ajay Kedia, shopping on fewer labels has resulted in lower prices. Because of this, gold prices are rising. It costs Rs 50000 per 10 grams. Gold demand in China, Singapore and Hong Kong has increased and prices have fallen in the domestic market. At the same time, silver may be between 63000 and 71000. February saw the biggest drop in gold prices.

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