Gold Silver Price: Significant changes were recorded in the prices of gold and silver on Monday. After continuous fluctuations, the prices of gold and silver changed in the bullion markets on December 8. While gold has become expensive, there has been a slight decline in the prices of silver.
Last month, the prices of both the metals kept going up and down, but stability is visible in the second week of December. The new rates have been implemented in all the districts of Madhya Pradesh including Bhopal, Indore, Gwalior, Jabalpur. The wedding season of December continues, so it is believed that good purchasing of gold and silver can be seen this month also.
According to the change in the prices of gold and silver on Monday, gold has become costlier, while the rate of silver has decreased slightly. According to the latest rates of December 8, the price of 1 gram of 22 carat gold has become Rs 12,005, whereas a day earlier it was Rs 11,980. That means there has been an increase of Rs 25.
Changes have also been seen in other rates of 22 carat. The price of 8 grams of gold is Rs 96,040, whereas on Sunday it was Rs 95,840. Similarly, 10 grams of gold is available for Rs 1,20,050, which was earlier Rs 1,19,800. That means there has been an increase of Rs 250.
There has also been a slight change in the prices of 24 carat gold. 1 gram of gold is now available for Rs 12,605, which was earlier Rs 12,579. The price of 8 grams has also increased to Rs 1,00,840, whereas it was Rs 1,00,632 on the previous day.
Talking about the rate of silver, the price of 1 gram of silver is Rs 198, whereas earlier it was Rs 199. That means there has been a decrease of Rs 1. However, there is not much change in the price of silver per kg today. 1 kg silver is available for Rs 1,98,000, but a slight decline of Rs 1000 has been recorded.
Last month, the rates of gold and silver were continuously changing. Market experts believe that due to the continuation of the wedding season, there will be fluctuations in prices in December also. However, at present some stability seems to be returning in the market.
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