Gold-Silver Price: At the end of February, gold had come down to around Rs 55,000. But now again it is running close to 59,000. That is, in less than three weeks, gold has traded in the range of Rs 5,000.
Gold Price 23rd March: It is too early to say anything about where the price of gold and silver will stop. For the last few days, huge ups and downs are being seen in gold and silver. In the months of February and March itself, gold has seen both a record decline and a boom. Recently gold had crossed the level of Rs 60,000. But now again a decline is being seen in it. Market expert says that gold can make a record of Rs 65,000 in the coming times.
Ups and downs in both gold and silver
At the end of February, gold had come down to around Rs 55,000. But now again it is running close to 59,000. That is, in less than three weeks, gold has traded in the range of Rs 5,000. Similarly, silver, which reached a high level of Rs 71,000, had come down to Rs 61,000. After seeing a boom in it for the last few days, the atmosphere of softness is going on again. Amidst the recession in the world market, there is a period of ups and downs in both gold and silver.
Rise in both metals on MCX
On Thursday, both gold and silver rates saw a rise on the Multi-Commodity Exchange (MCX). On Thursday morning, gold was seen trading at Rs 59220 per 10 grams with a gain of Rs 464. Similarly, silver is also trading at the level of Rs 69766 per kg after climbing Rs 457. Earlier on Wednesday, gold had closed at Rs 58756 and silver at Rs 69309.
Silver breaks in the bullion market, gold rises
Bullion market prices are released every day at 12 noon by the India Bullions Association ( https://ibjarates.com ). A day ago, on Wednesday evening, 24 carat gold rose marginally to reach the level of Rs 58637 per 10 grams. At the same time, silver fell and closed at Rs 68221 per kg. On Wednesday, 23 carat gold reached Rs 58402, 22 carat gold reached Rs 53712 and 20 carat gold reached Rs 43978 per 10 grams.