Fluctuations are being seen in the gold and silver prices in the global market. On the fourth day of the business week i.e. on Thursday (October 14, 2021), the price of gold and silver has registered an increase.
Gold Silver Price Today: The global market is witnessing ups and downs in gold and silver. On the fourth day of the business week i.e. on Thursday (October 14, 2021), the price of gold and silver has registered an increase. Today, gold is at Rs 49,130.00 with an increase of 1.51 percent. At the same time, the luster of silver has also increased. One kg of silver (Silver Price) is up by 2.11 percent at Rs 64,480.00. In the national capital Delhi, 10 grams of 24 carat gold is being sold for Rs 48,960.00 and one kg of silver is being sold for Rs 64,250.00.
Gold-silver fluctuating continues
On Wednesday, gold was up by 0.31 percent at Rs 48,400.00. At the same time, one kg of silver was down by 0.25 percent at Rs 63,150.00. On Tuesday, gold was up by 0.04 percent at Rs 48,250.00. At the same time, one kg of silver was down by 0.09 percent at Rs 63,310.00. A day earlier on Monday, gold was at Rs 48,230.00 with a gain of 0.44 percent. At the same time, one kg of silver was up by 0.89 percent at Rs 62,810.00.
Price of 10 grams of gold (10 Grams gold)
Looking at the gold prices in major cities, the price of 22 Carat Gold (22 Carat Gold) in Delhi is 44,880 and 24 Carat Gold (24 Carat Gold) is running at 48,960. In Mumbai, 22 carat gold is running at 44,275 and 24 carat gold at 48,300. In Kolkata, 22 carat gold is Rs 44,220, while 24 carat gold is Rs 48,240. The price of 22 carat gold in Chennai is Rs 44,403 and 24 carat is Rs 48,440. These prices are per 10 grams of gold (10 Grams gold).
|name of the city||22 carat gold price||24 carat gold rate|
Gold cheaper by about Rs 8,160 from the highest level
Gold is still selling cheaper by about Rs 8,160 per ten grams from its all-time high. Gold prices have been increasing continuously for the last several days. Gold had reached an all-time high in August 2020. At that time gold had reached the level of Rs 56,200 per ten grams.
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Will have to wait a little for investment
Experts say that silver can come from $ 26 to $ 26.50 an ounce. Its effect can also be seen in the Indian market. Gold can once again come around 45,000 thousand per ten grams and silver 68 thousand per kg. In such a situation, those who are preparing to invest in gold and silver, it would be better for them to wait a little.
buy gold only after seeing hallmark
While buying gold, keep in mind its quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulation.
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Gold will reach Rs 60,000
Experts believe that by the end of the year, the price of gold may reach its previous record level. Market experts say that gold can reach Rs 60,000 by the end of this year.