Wednesday, May 18, 2022

Gold Price Update: Good news for gold buyers, prices still below 45000, cheaper by more than 12000

new Delhi: Today is Tuesday and after Holi, new business week is going to start from today. The decline in gold price continued before Holi. The price of gold has fallen by almost 12 thousand rupees from the all-time high. Gold reached an all-time high of Rs 56,310 in August last year, but it has steadily declined since then. At present, gold is moving in the range of 44 thousand rupees. Not only gold, the price of silver has also fallen by more than 12 thousand rupees.

According to experts, for the gold buyers today, there may be no more opportunities to increase this. Right now, gold is moving in the range of 44 thousand rupees. Gold fell by Rs 147 to Rs 44,081 per 10 grams at the Delhi Bullion Market on Friday, the last Corabari day of this week before Holi. On Thursday, gold had closed at Rs 44,228 per 10 grams. Silver rose by Rs 1,036 to Rs 64,276 per kg. Silver had closed at Rs 63,240 per kg on Thursday.

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According to experts, gold will be expensive in the coming days. The price of gold is currently between Rs 44,000 and Rs 45,000. According to experts, gold may soon touch the level of Rs 46,000 per 10 grams. The price of gold is expected to go up to Rs 48,000 in the next two months. Similarly, silver can reach Rs 70,000 to Rs 72,000 in two months.

Corona virus cases are once again increasing. A second strain of corona virus has also been found in many states. Not only in India but also abroad, cases of corona virus are increasing once again. In view of all this, India has also stopped the export of vaccine.

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Now that the threat of corona epidemic is increasing once again, it is possible for people to rush to safe investment and start investing in gold. If people start investing in gold again, its price will increase, along with a sharp decline in the stock market can be seen again.

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Nation World News Desk
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