Gold-Silver Price: Market experts say that gold can make a record of Rs 65,000 in the coming times. There was a fall in gold and silver at the end of February last month as well.
Gold Price 24th March: There was a tremendous rise in gold and silver last week. But after that the process of decline continues. Gold, which made a record of 56,200 two and a half years ago in August 2020, has crossed 60,000 this time. But now it has fallen and is traveling between 59 and 60 thousand. Market experts estimate that gold can make a record of Rs 65,000 in the coming times. Similarly, silver is also expected to reach Rs.80,000.
In February, the rate was close to 55,000.
In the last week of February, the price of gold had come down to around 55,000 rupees. Similarly, silver also dropped from Rs 71,000 to reach the level of Rs 61,000. But again there was a tremendous jump in it and now slight softening is going on. There is a period of ups and downs in gold and silver amidst the apprehension of recession in the world market. Experts also estimate that gold and silver can make a new record on Diwali.
MCX declined on Friday
On the Multi-Commodity Exchange (MCX), both gold and silver saw a declining trend on Friday. Although this drop in price is not much. On Friday morning, gold fell by Rs 153 to Rs 59412 per 10 grams and silver fell by Rs 31 to trend at Rs 70181 per kg. Earlier on Thursday, gold had closed at Rs 59565 per 10 grams and silver at Rs 70212 per kg.
Bullion market prices rise on gold and silver
Bullion market prices are issued daily by the India Bullions Association ( https://ibjarates.com ). On Friday, the last trading day of the week, 24 carat gold fell and reached the level of Rs 59370 per 10 grams. At the same time, there was a rise in silver as compared to yesterday and it reached Rs 69528 per kg. On Friday, 23 carat gold reached Rs 59132, 22 carat 54383 and 20 carat Rs 44528 per 10 grams.
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