Gold and silver prices fell in India

Gold and silver prices fell in India

Prices of gold and silver in India have fallen. However, the price of silver fell more than the price of gold this week. According to the India Bullion and Jewelers Association (IBJA) website, silver fell more than Rs 1,700 in the gold market this week.Earlier this week, that is on June 20, it was 61,067 rupees, which has now fallen to 59,350 rupees per kg on June 25.

That is, the price fell by Rs 1,717 this week. Speaking of gold, the price fell by Rs 233 this week. On June 20, gold was at 51,064 rupees, which has now fallen to 50,829 rupees per 10 grams.Both 5300 gold and 20000 silver are cheaper than the all-time highs.Following this drop, gold has dropped by approximately Rs 5,371 from its all-time high. Let us tell you that gold reached its all-time high in August 2020.

At that time, gold had reached the level of 56,200 rupees per ten grams. Meanwhile, the price of silver has fallen by around Rs 20,630 per kg since its peak. The historic record for silver is Rs. 79,980 per kg. Gold is supported by a good monsoon.Experts predict that with a good monsoon this year, gold purchasing will increase in the coming months. Gold consumption is also expected to rise in the global market, putting pressure on prices. Gold is also becoming expensive in the domestic market.

The industrial demand for silver is constantly increasing, which means it will become even more expensive in the coming months. By making a missed call, you can find out the price of gold. You can easily find out the price of gold and silver by sitting at home. For this, you just have to make a missed call to the number 8955664433 and the message will arrive on your phone. Here you can see the current rates.

Gold and silver prices fell in India