Before Diwali and Dhanteras, there is a continuous decline in the prices of gold and silver. This is considered to be the right opportunity for festive shopping. Let us know the latest prices.
The festivals of Diwali and Dhanteras are coming in just a few days. People do a lot of shopping during these festivals. People also buy gold and silver extensively during these festivals. In such a situation, if you are planning to buy gold and silver this time too, then this will be the best opportunity. This is because just before the festival, there is a huge decline in the prices of these metals every day. Let us know what is the latest price.
For the last one year, there was an increase in the prices of gold and silver. Even a month ago, no one had expected that there would be a fall in the prices of gold and silver during Diwali and Dussehra. But as Diwali is approaching, the prices of gold and silver are falling.
This is the price of gold and silver
A decline in the prices of gold and silver was also recorded on Friday. On Friday evening, the price of gold on MCX fell by about 2.50 percent to Rs 1,38,250.00 per 10 grams. Whereas in January this year, the price of 24 carat 10 gram gold had risen to Rs 1.91 lakh.
Gold became cheaper by Rs 50 thousand per 10 grams
That means now gold has become cheaper by about Rs 50 thousand per 10 grams. The falling prices of gold have raised a question in the minds of investors and buyers whether they can buy gold now or whether the rates may go down further.
Big fall in silver
On the other hand, there is a rapid decline in the price of silver. Silver price in India has now fallen below ₹2 lakh per kg; The current silver price in the country is ₹ 1,90,500 per kilogram (i.e. ₹ 1,90.5 per gram), although it may fluctuate slightly in different cities. Let us tell you that in January this year, the price of silver had reached around Rs 3.8 to 4.2 lakh per kg.