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.