Gold Silver Price | Gold fell by Rs 100 and silver by Rs 400
Mumbai: Gold prices fell by Rs 100 and silver by Rs 400 on Thursday. In Mumbai and Pune, the price of 10 gram 22 carat gold is Rs 43,920 and 24 carat gold is Rs 44,920. The price of silver has gone up by Rs 400 to Rs 65,700 per kg. Are. On Thursday, the rate was 65,300. & Nbsp;
Considering last week, gold price had increased by Rs 1,000 on Wednesday alone. Otherwise, we have seen a steady decline in prices on other days. Last month, the gold price was Rs 49,450 on February 1. & Nbsp; The price of gold in Mumbai is determined by the Indian Bullion Jewelers Association. It considers local import tax and MCX commodity market. MCX is the largest commodity market in the country where gold is priced. & Nbsp;
For many, investing in gold is a safe and guaranteed investment option. The number of those who prefer to invest money in gold is higher. Meanwhile, investors have been flocking to this option as gold prices have been falling steadily over the past few days. According to experts, the recent decline in gold prices is likely to continue in the near term. In August 2020, gold prices hit a record high of Rs 56,000 per 10 grams. Since then, gold prices have fallen by 11,000. As a result, people are increasingly turning to gold. & Nbsp;
Gold prices have been declining since the start of the corona vaccination season. The rise in US bond yields is also one of the reasons for this. Investors around the world invest heavily in American bonds. As a result, the level of investment in gold in the international market has declined, with the result that prices have plummeted.
"https://mcezone/news/india/gold-and-silver-price-in-indian-market-today-25th-march-979459"> Gold Silver Price | Gold rises by Rs 1,000, silver falls by Rs 700
#Gold #Silver #Price #Gold #fell #silver