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Gold Price Review: Best chance to buy gold, cheaper by up to Rs 1189

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This year, the brightness of gold, which has been cheaper by Rs 5265 so far, has increased slightly last week. The buying of jewelery for marriage will be a little disappointed due to the break on the decline of gold and silver. Weddings season starts in April. While the price of 24 carat gold has fallen to Rs 11189 from last year’s all-time high in bullion markets, but it has gone up to Rs 605 per 10 gram in the previous week. At the same time, silver, which had fallen to Rs 9193 from its high price, also strengthened to Rs 974 last week.

If we talk about this year i.e. 2021, gold has started its worst in the last 30 years. The decline in gold rate started from January itself. This is the first week of this year, in which both gold and silver managed to make good gains.




This is how gold and silver move last week

date Gold Rate in the morning Rs / 10Gm Gold evening price Rs / 10Gm Silver Morning Price Rs / Kg Silver evening price Rs / Kg
19 March 2021 45096 44937 66707 66815
18 March 2021 45253 44861 67590 67049
17 March 2021 44965 44791 66527 66654
16 March 2021 44926 44861 67304 66940
15 March 2021 44827 44828 66535 66965
12 March 2021 44601 44332 66480 65841
1 March 2021 46111 45976 68473 68466
31 December 50123 50202 67282 67383
7 August 2020 56254 56126 76008 75013

 

There may be so much forward

According to Ajay Kedia, director of Kedia Commodities, shopping at lower labels is increasing due to the low rate. If due to this, the rate of gold is going up. It can go up to Rs 46500 per 10 grams. The month of February saw the biggest fall in the gold rate. Bullion markets saw a fall in the rate of gold by Rs 3000, while gold has become cheaper by Rs 12000 from its highest rate.

Also Read : Gold Price Today: Gold Price Declines Today, Rs. 11000 Cheapest Than Record Height, Quickly Check Latest Rate

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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