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Gold Silver Price | Gold rose by Rs 640 and silver by Rs 1,800

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Gold Silver Price | Gold rose by Rs 640 and silver by Rs 1,800

Mumbai: Gold and silver prices have been fluctuating steadily in the last few days. At the close of trading on Tuesday evening, gold prices rose by Rs 640 and silver by Rs 1,800 in Mumbai and Pune. In Mumbai and Pune, 10 gram 22 carat gold is priced at Rs 43,620 and 24 carat gold is priced at Rs 44,620. You have to pay Rs. The rate was 65,700 on Monday. Considering the price of silver, the price has been fluctuating in the last ten days. The price of one kg of silver, which was Rs 67,500 on February 28, has gone up to Rs 65,700 today. . Otherwise the price of gold has been steadily declining on other days. Last month, the price of gold was Rs 45,930 on February 28. & nbsp;

Although the international price of gold in Mumbai varies, some local factors also affect it. 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 and this is where the price of gold is determined. & Nbsp;

Meanwhile, the trend of investors towards this option has increased after seeing a steady decline in gold prices over the last few days. For many, investing in gold is a safe and guaranteed option. The number of people who prefer to invest in gold is higher.

In August 2020, the price of gold reached a record high of Rs 56,000 per 10 grams. Since then, gold prices have fallen by more than 12,000 rupees. & Nbsp;

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