Gold Silver Price | Gold-silver prices fell, gold fell by Rs 800
Mumbai: Gold prices have plummeted in the country in the last ten days. Gold prices fell by Rs 800 in Mumbai on Tuesday. In Mumbai on Wednesday morning, the price of 22 carat gold was Rs 43,000 and 24 carat gold was Rs 44,000. Considering the price of silver, the price of one kg of silver was Rs 66,000. Gold and silver prices fell in the US market. Gold fell by डॉलर 12.24, or 0.70 per cent, while silver fell by 9 0.97, or 3.69 per cent. Last year, gold hit a record high of Rs 56,000 per ounce. But now that the economic woes of many countries, even India, are picking up speed, the fact that rates are falling is a surprise to many. The fall in gold prices has led to an increase in gold purchases not only in Mumbai but across the country. 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, which has had a knock-on effect on prices.
The decline in gold prices has led to an increase in investment over the last few years. The key is that gold prices are expected to fall further in the coming days. In August 2020, gold prices reached a record high of Rs 56,000 per 10 grams.
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. Experts are expecting a slight decline in the price of gold in the near future, following a sharp fall of Rs 12,000. & Nbsp;
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