Great opportunity to buy gold | Rs 9000 cheaper so far

 

Gold Silver Price, 29 April 2021: This is a good time to buy gold because the fluctuations in the price of gold and silver continue continuously as the wedding season starts. If seen, the price of gold has come down by Rs 9,000 since August.

There is a good chance to buy gold and silver because at the start of the wedding season, fluctuations in its prices continue continuously. 

After five consecutive days of decline in the Indian market, today the price of gold has seen a rise again. 

Gold futures on MCX rose 0.4% to Rs 47,265 per 10 grams, while silver futures rose 1.1% to 68,534 per kg. In the previous session, gold had fallen by 0.42% while silver had fallen by 1.75%.

In August 2020, gold reached a record level of Rs 56,200. Since then, gold has become cheaper by about 9,000 rupees. On the other hand, spot gold rose 0.2% to $ 1,784.94 an ounce in international markets.

Gold prices rose by 0.4% to Rs 47,265 per 10 grams in the bullion market on Thursday. Which is still a low level of 8 months. 

On Wednesday, the price of gold was recorded at Rs 505 per 10 grams in the Delhi Sarafa Bazar. Spot gold rose 0.2% to $ 1,784.94 an ounce in the international markets. 

New Silver Price (Silver Price Today): Silver prices also recorded a spurt on Thursday. Silver futures rose by 1.1% to 68,534 per kg in the bullion market. On Wednesday, the price of silver was reduced by Rs 828 to open at Rs 67,312 per kg in Delhi Sarafa Bazar.

he opinion of the block experts, HDFC Securities Senior Analyst (Commodities) Tapan Patel said that the first 2 days of the week are gold Prices remain constant. 

The US Yield recorded an increase on Tuesday. Due to this, the prices of gold also declined in the international market. This has also affected the Indian markets. 

At the same time, Navneet Damani, VP Commodities Research, Motilal Oswal Financial Services, said that traders and investors are waiting for the results of the meeting of the American Federal Open Market Committee.