Gold Silver Price: Experts claim that in the coming time, the rate of gold will increase to the level of Rs 65,000 per 10 grams. Similarly, the rate of silver is also expected to increase up to Rs 80,000 per kg. However, a decrease in the price was recorded on Tuesday. Let’s know today’s latest price.
Gold and silver rates saw a fall for the second consecutive day. Gold fell to the level of Rs 61,000. Silver rates have also come down sharply. If you are also planning to buy gold-silver or jewelery made of it, then on the basis of today’s fall, you will have to spend less money. Gold and silver declined in both the bullion market and the Multi-Commodity Exchange (MCX) on Tuesday. The softening of the rates of both the precious metals was also observed on the MCX.
The price of gold and silver has created a record of inflation in the last one month. If you are also waiting for the rate to come down, then there is little hope for it. Actually, experts claim that in the coming time, the rate of gold will increase to the level of Rs 65,000 per 10 grams. Similarly, the rate of silver is also expected to increase up to Rs 80,000 per kg. However, a decrease in the price was recorded on Tuesday.
Market down on MCX
On Tuesday, both gold and silver saw a decline on the Multi-Commodity Exchange (MCX). In the afternoon, silver was seen trading at Rs 72600 per kg with a fall of Rs 802. At the same time, gold fell by Rs 282 to reach Rs 60745 per 10 grams. Earlier on Monday, gold had closed at Rs 61027 per 10 grams and silver at Rs 73402 per kg.
Bullion market also broke down
Bullion market rates are issued by the India Bullions Association (https://ibjarates.com). According to the rate released at 12 noon on Tuesday, gold dropped by Rs 129 to reach Rs 61079 per 10 grams. Similarly, silver fell by Rs 440 to Rs 72015 per kg. Earlier on Monday, the rate of silver had closed at Rs 72455 and gold at Rs 61208.
On Tuesday, 23 carat gold reached Rs 60963, 22 carat gold Rs 56067 and 20 carat gold reached Rs 45906 per 10 grams. The price of gold and silver has been fluctuating rapidly for some time. At one point in February, gold fell to Rs 55,000 per 10 grams.
