New Delhi: If you are preparing to buy gold in the wedding season, then there is good news for you. For the last few days, gold prices have come down considerably. Gold became cheaper on Wednesday for the third consecutive day. The fall in silver prices has also been recorded. From this perspective, it is a good opportunity to buy jewelery.
On Wednesday, gold became cheaper by Rs 433 per 10 grams. After this decline, the price of 24 carat gold came down to Rs 46950 per 10 grams. Earlier on Tuesday, gold had closed at the level of Rs 47383 per 10 grams.
On Wednesday, 24 carat gold came to Rs 46950 per 10 grams, 23 carat gold to Rs 46762, 22 carat gold to Rs 43006 and 18 carat gold to Rs 35213 per 10 grams.
In addition to gold, silver also became cheaper on Wednesday. The rate of silver was reduced to Rs 1000 per kg. With this, the price of silver came down to Rs 67846 per kg. On Tuesday, silver had closed at the level of Rs. 68846 at 10 grams.
Currently, gold remains at the level of Rs 47000 per 10 grams. 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 currently 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.