gold price today
gold Silver Price Today, nationwide This week in the markets of Too The trend of falling gold prices continues. Today once again a rise in gold prices was seen in the market. Are, There itself The shine of silver is still intact.
global in the market environment of ups and downsdomestically wedding season And federal Expectations of a possible cut in interest rates by the Reserve Bank of India have boosted gold prices. Fluctuating in Is. There itself silver rising industrial demand And the interest of investors is strengthening it.
how expensive did gold become
28 November morning 24th in Delhi carat Gold price fell to almost 1,27,890 Came to per 10 grams. But later a slight increase in prices was seen. 22 Carat gold has also come down and its price 1,17,240 Reached per 10 grams. The same is true in other big cities of the country like Mumbai, Chennai and Kolkata. trend Has appeared. there 22 carat Gold on average 1,17,090 per 10 grams and 24 carat Gold 1,27,740 around per 10 grams trade is happening,
Reason for fluctuations in gold
in the international market due to uncertainty Gold remains under pressure and its price slipped to $ 4,158 per kg. ounce Has reached till. Other than this, federal Expectations of reduction in interest rates in the upcoming Reserve Bank of India meeting are continuously increasing. When interest rates fall, bond yield decreases, due to which investors are safe assets As Gold And silver Let’s turn towards.
silver bullishness
Unlike gold, silver rate The market is going up rapidly. on 28th November silver increase in price 1,73,100 per kilogram. The use of silver has increased significantly in industries. even if it electronics yes, Solar panel be or Medical devicefor this reason silver The demand is continuously getting stronger.
Is now the right time to invest?
Experts believe that gold-There will still be instability in the price of silver. If federal reserve actually rate cuts, then Gold We may once again see a sharp rise. Whereas silver is great at the moment Return is showing and its demand may increase further in the near future, In such a situation, long term investors can earn good profits by making their strategy on both the metals.,