Friday, September 20, 2024
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Gold and silver prices rose this week: Gold rose by Rs 1,113 to reach Rs 73,044, silver is being sold at Rs 86,100 per kg

A rise in the prices of gold and silver has been observed this week. According to the website of India Bullion and Jewelers Association (IBJA), gold was at Rs 71,931 last Saturday i.e. 7 September, which has now reached Rs 73,044 per 10 grams on (14 September). That is, its price has risen by Rs 1,113 this week. On the other hand, if we talk about silver, it was at Rs 83,338 last Saturday, which has now reached Rs 86,100 per kilogram. Its price has risen by Rs 2,762 this week. This year, silver had reached its all-time high of Rs 94,280 per gram on 29 May. At the same time, gold had made an all-time high of Rs 74,222 on 21 May. Gold price in 4 metros and Bhopal This year, gold has increased by more than Rs 9 thousand so far According to IBJA, so far this year, the price of gold has increased by Rs 9,692. Gold was at Rs 63,352 on January 1, which has now reached Rs 73,044 per 10 grams. On the other hand, the price of one kg silver has increased from Rs 73,395 to Rs 86,100. Gold may reach Rs 1.68 lakh per 10 grams by 2030 According to Mahendra Lunia, chairman of Vighnaharta Gold, the price of gold may reach Rs 1.68 lakh per 10 grams by 2030. The reasons for the rise in gold prices are factors ranging from geopolitical tensions to global economic slowdown.

Graphics Source: VaskarAssets

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