Gold Price: There was a big change in the price of gold and silver this week, know the trends
Gold Price: Last week gold and silver (gold and silver) There was huge volatility in rates. It is considered auspicious to buy gold in India and during the wedding season (wedding season) its demand increases significantly.
However, India imports gold in large quantities from other countries and thus the impact of international development is reflected in the price of gold and silver.
Gold Price: India Bullion and Jewelers Association (ibjaFind out what was the price of gold this week based on the data available on its website.
Gold Price: Such fluctuations seen in the price of 24 carat gold
According to IBJA, on August 1, 2022, the price of 999 grade gold was Rs 51,668 per 10 grams. On the second trading session of the trading week i.e. August 2, 2022, the price of 24 carat gold fell by Rs 119 to Rs 51,549 per 10 grams.
At the same time, the price of 24 carat gold increased by Rs 17 to Rs 51,566 per 10 grams on August 3. On Thursday, August 4, there was a tremendous jump in gold prices. On August 4, gold rose by Rs 473 per 10 grams to Rs 52,039 per 10 grams.
On August 5, 2022, in the last trading session of the trading week, gold fell by Rs 20 to Rs 52,019 per 10 grams. In this way, the price of 24 carat gold has increased by a total of Rs 351 last week.
silver price in spot market
On August 1, 2022, the price of silver in the spot market was Rs 58,379 per kg. On Tuesday, August 2, it had fallen by Rs 475 to Rs 57,904 per kg. Meanwhile, silver rose by Rs 748 to Rs 58,057 per kg on August 3 (Wednesday).
However, in the last trading session of the week on August 5, it fell by Rs 695 to Rs 57,362 per kg. In this way, silver prices fell by Rs 1,017 in the last one trading week.