Gold price may reach Rs 72,000 in 2024, price rises on first day too
[ad_1]
The year 2024 has started from Monday. January 1, 2024 is also the first day of the trading week. There is a rise in gold prices on the occasion of New Year. At the same time, silver prices seem to be falling. On the very first day of 2024, the domestic price of gold on MCX exchange was seen trading in the green mark on Monday.
Gold to be delivered on February 5, 2024 is trading at Rs 63332 per 10 grams with an increase of Rs 129. There is a decline in the prices of gold and silver in the global market. It is believed that looking at the prices of gold, the year 2024 is going to be very good. That means gold prices may skyrocket this year. There is a need for the general public to buy more gold as soon as possible to avoid buying it at the maximum price. According to experts, the price of gold can reach Rs 72,000 per 10 grams in 2024.
fall in silver
After the increase in gold on the first day of the year, there has been a decline in silver. Silver to be delivered on March 5, 2024 is trading at Rs 74,279 per kg, down by Rs 151.
Let us tell you that in the global market, gold had closed with a decline on the last trading day of 2030 i.e. Friday. If we look at the data, the future price of gold fell by 0.56 percent and closed at $ 2071.80 an ounce. A decline of 0.13 percent was seen in the global spot price of gold. There was also a decline in the price of silver on Monday. The global futures price of silver had fallen by 1.17 per cent, while the global spot price of silver had fallen by 0.18 per cent.
Gold price may touch the sky
There is a possibility that in the year 2024, we may see a continuous increase in the price of gold. A slight decline may also be seen in the price of gold from time to time. A slight decline in prices this year may attract customers to buy more. However, experts say that in the year 2024, the price of gold can reach a record level of Rs 72,000 per 10 grams.
[ad_2]
Source link
