Gold Silver Price, 31 March 2021: Gold prices have fallen again for the 5th consecutive day, while the price of silver also fell today. Let us know that the price of gold has come down to one year low.
new Delhi. During the wedding season, gold is constantly getting cheaper. Today, gold prices have fallen for the 5th consecutive day, while the price of silver has also fallen. Due to which gold prices have come down to one year low. Today, June gold futures on MCX was down 0.3% at 44,300 per 10 grams. Please tell that it has dropped for the fifth time in the last seven days. If we talk about silver, then silver fell 0.8% to Rs 62,617 per kg.
New gold prices:
Gold prices reached Rs 44,300 per 10 grams in Delhi Sarafa Bazar on Wednesday. Which is the lowest level of a year. On the other hand, spot gold fell 0.1% to $ 1,683.56 an ounce in the international market.
New Silver Prices:
Silver prices also saw a decrease on Wednesday. Silver fell 0.8% to Rs 62,617 per kg in Delhi bullion market. Silver remained steady at $ 24.01 an ounce in the international market today.
Gold and silver rates tomorrow:
Let us know that the price of gold has been steadily declining for the last five days. Yesterday, the price of gold was Rs 44,538 per 10 grams, while silver was Rs 63,985 per kg.
Do whether gold prices will fall further:
Experts believe that weakening of gold prices maybe Long time no Weakness in the dollar, rising inflationary pressures and monetary expansion have had a direct impact on the gold price.
Good chance to buy gold:
There is a strong demand for gold in the domestic market. The wedding season is going on and the prices have come down considerably. In such a situation, the pressure of demand will increase further. In this sense, the fall in prices is a matter of short term. Gold will bounce back soon. Therefore, it is the most golden maca of buying gold jewelery.