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Thursday, May 6, 2021

Gold Price Update: Gold is getting cheaper at Rs 9232, know here the new price of 10 grams of gold

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New Delhi: If you are planning to buy gold, then this news is important for you. During the Corona crisis and marriage season, there is a period of constant fluctuations in its price. Alam is that gold is still getting Rs 9232 per 10 grams cheaper than its all-time high. Let us tell you that on 7 August 2020, gold reached its all-time high rate of Rs 56200 per 10 grams.

Gold has come down to around 47000 in the Indian bullion market. While the price of silver is above Rs. 68000. On Tuesday, the price of gold was seen rising by Rs 68 per 10 grams. With this, the gold price has been increased to Rs 46968 per 10 grams. Earlier on Monday, gold had closed at Rs 46900 per 10 gram level.

According to the latest rate, the price of 24 carat gold- Rs 46968, price of 23 carat gold- Rs 46780, price of 22 carat gold- Rs 43023 and price of 18 carat gold- Rs 35226 per 10 grams.

Talking about silver, on Tuesday, its price saw a slight increase of Rs 85 per kg. On Tuesday, silver rose by Rs 85 to close at Rs 70205 per kg. On the same day, it was closed at Rs 68475 per kg.

Significantly, gold has remained at the level of Rs 47000 per 10 grams for a long time. In such a situation, if you want to invest in gold right now or want to shop for weddings in your family, then gold is now 47 thousand. So this can prove to be the right opportunity for you to buy gold.

Even in terms of investment, the price of gold may be in the range of Rs 47,000 but it is continuously increasing. In such a situation, if you invest in gold, then you can get good returns in the coming time? Compared to the all-time high, gold is still getting cheaper by around Rs 9000 per 10 grams. Significantly, in August 2021, gold touched a high of Rs 56,200 per 10 grams.

It is expected to increase its price in the coming days. According to experts, the price of gold in the domestic market can go up to Rs 50,000 per 10 grams in the coming days. These people say that the weakening of the rupee against the dollar, the fall in US bond yields and the rise in unemployment in the US have supported the rise in gold. Apart from this, investors are also worried about Corona’s rapid rise and are looking at gold as a better investment option.

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