Bullion market price: Gold price again near 52000 in festive season, silver also became expensive by Rs 1000

Bullion market price: Gold price again near 52000 in festive season, silver also became expensive by Rs 1000
Bullion market price: Gold price again near 52000 in festive season, silver also became expensive by Rs 1000

Jagran Correspondent, Varanasi, After nearly two months, the price of gold rose by Rs 100 to Rs 51,900 per ten grams in the Varanasi bullion market on Sunday. Once the price of gold started rising. It has happened after about two months when the price of gold and silver has come down from 52 thousand and 56 thousand.

Till now, gold was breaking the record of its own price two months ago. On July 5, gold was at 52,250. In this entire period, gold has remained beyond Rs 52 and a half thousand. On the other hand, silver rose by Rs 1000 to Rs 55,100 per kg today. However, in comparison, silver was at Rs 60,500 per kg on July 5. In this entire period, the price of silver has gone down to Rs 56 thousand today.

Gold price in Varanasi fluctuates daily due to factors both domestic and international. Thus, it is not entirely possible to relate one event to the fall in the gold rate in Varanasi. Here it is recommended to analyze the past data of gold rate and take into account the factors that lead to gold rate hike before making an investor’s decision to invest in gold. is or declines.

The Indian Bullion Jewelers Association in India always takes the international price of a gold set as decided by the London Bullion Market Association plus applicable state-wise taxes. Kishore Kumar Seth, District General Secretary of Uttar Pradesh Swarnakar Sangh says that the price of gold had gone above 52 thousand. No single reason can be held responsible for its feeling. Currently the prices are down.

Edited By: Abhishek Sharma

The article is in Hindi

Tags: Bullion market price Gold price festive season silver expensive

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