new Delhi: The process of increase in the prices of gold and silver started from the beginning of the month of April continues. On Thursday, the price of gold and silver continued to rise. The prices of both metals are continuously increasing. The surge in prices has raised concerns of traders and investors with customers. According to experts, with the wedding season coming to a close, gold and silver are seeing an unprecedented boom in international level.
On Thursday, gold has risen by Rs 182 to Rs 45,975 per 10 grams. Earlier on Wednesday, gold had closed at the level of Rs 45,793 per 10 grams. On the other hand, silver prices also saw an increase of Rs 725. Silver came down to Rs 66,175 per kg. On Wednesday, silver had closed at Rs 65,450 per kg.
In the month of April, gold has become expensive by Rs 1900 so far. On March 31 it was Rs 44190 which reached Rs 45,975 per 10 grams on Thursday. Thus, in April, gold has become more expensive than 1900 rupees till now. At the same time, gold is still getting cheaper by about Rs 10,500. In August, gold touched an all-time high of Rs 56,200.
According to experts, the impact of the ongoing price rise in the international market is also visible on the Indian bullion markets. At the same time, due to the rise in new cases of corona virus, there is an upsurge in the stock markets. Today gold is trading at a low level in New York’s commodity exchange. In this case, there has been a slight decrease in the prices of gold in the Indian market.
According to bullion market experts, the price of gold may increase in the next two months. Soon the price of gold can reach 48000 rupees per 10 grams. Increased investment in gold will increase the price. At the same time, the price of silver will once again cross 70 thousand.