Gold Rate Today: Record breaking gold, silver also sprung up, budget will deteriorate in married houses! Gold on record high could impact the budget in wedding season
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Tarun Gupta, President of Dariba Jewelers Association, says that when the economic condition of many countries falters, people run towards investing in gold. Due to this, the price of gold suddenly increases. So far, gold has reached up to 60 thousand by breaking the record. If we talk about the last two months, in the meantime, the rate of gold per 10 grams has increased by about 7 thousand. This is directly affecting the middle class families. In such a situation, those who have marriage in their house. The budget of his house may get spoiled.
The price of silver also increased
He said that the budget has also increased the price of silver. Silver has reached up to Rs 72 thousand per kg, which is the highest level ever. At the same time, Lovepreet Sharma, a resident of Uttam Nagar, tells that there is a marriage in the relationship. Thought that I would gift gold to the bride and groom at the wedding, but due to the rising rate of gold, now there is a fear of spoiling the budget of the house.
People are benefiting from investing in gold
Experts say that investing in gold is the safest. In Diwali, the price of gold per 10 grams was between 50 to 52 thousand. During that time those who invested in gold are directly in profit. Not only this, people are benefiting a lot due to the increase in the amount of this investment year after year. Because of this, people are running towards gold, due to which its price is increasing.
The price of sweets is affected by the price of silver.
Yogesh Singhal, chairman of The Bullion and Jewelers Association of Kucha Mahajani, says that before the budget, silver was being sold at Rs 67,000 per kg. It has now reached around Rs 72 thousand per kg. This will have a huge impact on the market. Especially in the field of sweets and industry, there can be a big impact. It is claimed that due to the continuous increase in the price of silver, it can have an impact on other industries including sweets.
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