Gold Silver Price: Gold became expensive by Rs 1050 before Akshaya Tritiya, silver also jumped Rs 3500
Gold Silver Pries: Before Akshaya Tritiya, the price of gold rose by Rs 1,050 to Rs 99,450 per 10 grams on Tuesday in the bullion market of the national capital due to the latest buying of jewelery vendors and stockists. The All India Bullion Association gave this information. Akshaya Tritiya, celebrated on Tritiya of Shukla Paksha of Vaishakh month, is on 30 April this year.Also Read: Akshaya Tritiya will be on Jio Gold 24K days, luck will shine, will get gold
On Monday, gold with 99.9 percent purity fell by Rs 1,000 to Rs 98,400 per 10 grams. The price of gold of 99.5 percent purity jumped Rs 1,100 to Rs 99,000 per 10 grams while it closed at Rs 97,900 per 10 grams in the previous day.Also Read: It is important to buy these 7 auspicious things on Akshaya Tritiya, not gold and silver
So far gold prices increase by 26 percent: So far this year, gold prices have increased from Rs 78,950 to Rs 20,500 per 10 grams i.e. 26 percent on December 31 last year. Apart from this, silver prices have also risen by Rs 3,500, which is the highest in about 3 weeks. It reached the level of Rs 1,02,000 per kg on Tuesday. In the last market session, the price of silver closed at Rs 98,500 per kg. Silver prices rose by Rs 1,000 on March 19 and reached the highest level of Rs 1,03,500 per kg so far.Also Read: What will be the right to buy gold or silver on Akshaya Tritiya?
Enthusiasm in the gold market on Akshaya Tritiya: According to experts, there is enthusiasm in the gold market on the auspicious occasion of Akshaya Tritiya. Akshaya Tritiya is culturally very important in India. Traditionally, there is a jump in the purchase of gold. Apart from this, experts said that despite high prices, they expect strength in the demand for light jewelery this year. To promote market demand, the industry is offering a detailed option of products to suit various choice and price categories.Also Read: Gold Rate: What will increase gold, where will it go, how far it will go now, know how right to buy, know the answers to questions
Although the existing price levels may motivate some people to be cautious, the consistent cultural significance of gold during Akshaya Tritiya indicates constant positive speed in procurement with its permanent position as a reliable property. Meanwhile, gold in foreign markets fell 1 percent to $ 3,311 an ounce. Silver spot in Asian market rose 0.36 percent to $ 33.28 an ounce. (Language)
Edited by: Ravindra Gupta
