Before the start of the wedding season, there was an increase in the price of gold, relief to buy silver.
With the beginning of the festive season across India, the wedding season has also started. In India, people do a lot of jewelery shopping during the wedding season. During this period, gold and silver jewelery is specially purchased.
If you are also thinking about buying gold and silver jewellery, then gold is on the rise today while silver has seen a decline. That means you will have to pay more money to buy gold. According to the information, on Thursday, gold opened at Rs 60,148 per 10 grams in the futures market known as Multi Commodity Exchange. Shortly after this 64 rupees It increased to Rs 60,175.
There was a decline in the price of silver
After the increase in gold, there has been a decline in the price of silver. The price of silver is Rs 72174 per kg. There was a slight decline in the price of silver on Thursday. On Wednesday, the price of silver was Rs 70372.
Gold prices rose by Rs 310 to Rs 60,375 per 10 grams in futures trade on Wednesday due to buying of fresh deals by speculators amid strong spot demand. On the Multi Commodity Exchange, the price of the contract for delivery in December increased by Rs 310, or 0.52 percent, to Rs 60,375 per 10 grams. 9,897 lots were traded in this. Market analysts said buying of fresh deals by traders led to the rise in gold futures prices. Globally, gold rose 0.45 percent to $ 1,975.30 an ounce in New York.
