Gold- Raina (Gold-Silver Rate) declined in the beginning of the week. A glimpse of the beginning was seen. Last Friday, the price of silver on Multi Commodity Revision (MCX) closed with an increase of Rs 2808 per kg, while gold also closed with a slight rise.
If we look at the five trading days of the week, the total price of 1 kg silver is Rs 12,821. At the same time, the price of gold bolt has also fallen below Rs 1800 during this period. Not only the Democrats, but also both the precious metals got certified in the domestic market within the week.
Silver price so far is ₹1.95 lakh
Fall in the price of silver – It has been seen continuously in the past few days, sometimes it was seen running away from bullish rating, and sometimes it became bad. On April 17, the price of silver on MCX closed at Rs 2,57,142, while on Friday, the price of one kg silver closed at Rs 2,44,321, up by Rs 2808. If calculated from this account, it has increased to Rs 12,821 per kg in five months.
If we compare silver, then for the first time in the month of January this year, the price of silver has reached the historical level of Rs 4 lakh per person at Rs 4,39,337 and from here till now silver has fallen by Rs 1,95,016.
Silver price in the domestic market came in a week’s release – If we look at the offers, then according to the website of Indian Bullion Jewelers Association IBJA.Com, this precious metal has become Rs 6,115 per kg (silver price is cheaper). On April 17, the price of 1 kg silver in the domestic market closed at Rs 2,49,940, while on Friday it closed at Rs 2,43,825.
gold became very cheap from high
After silver, now let’s talk about the price of gold, from generator to domestic market it has become cheaper in a week. If we look at the MCX gold rate, the gold rate with expiry of June 5 increased by a slight rise of Rs 100 to Rs 1,52,799 per 10 grams on Friday. Earlier, on April 17, the last trading day of the week, its price was Rs 1,54,609 and the trading of precious metals from this account is Rs 1,810 per 10 grams.
Like silver, gold had also crossed the level of Rs 2 lakh per 10 grams for the first time in the month of January this year. The life time high level of gold on pharmaceuticals is Rs 2,02,984 and if compared to the current price, 10 grams of 24 carat gold is now available at a lower rate of Rs 50,185 from here.
According to IBJA, the price of 10 grams of 24 carat gold in the domestic market was Rs 1,51,655 and even after trading in five days of the week, a slight decline in its price has been recorded. The market closed on Friday at Rs 1,51,475.
GST + bond fee in domestic market
Let us tell you here that when you get information about the price of gold and silver (gold and silver jewellery) in the domestic market, then at the time of purchase here again you have to pay the fixed (gold and silver GST) as well as stock charge, after including which the price increases. Architecture charges may vary in different states and cities.
(Note- Investment advice will be taken before any investment in gold-silver or gold-silver e-tickets.)
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