look news india
If you want to buy cheap gold and silver, it would be better to wait for a few days. There has been a fall in the prices of gold and silver, but the fall has also continued for many days. Now news is coming that the prices of gold and silver may still fall. The government can announce this in the budget. It is difficult to accurately predict how much the prices will fall, but the fall in the prices of gold and silver will increase the purchases. So know today's latest prices.
Know what are the prices of gold and silver today
In India today, the price of 22 carat gold is Rs. 6590 per gram, while the price of 24 carat gold is Rs. 6590 to Rs. 7188 per gram. Talking about silver, the price of one kilogram of silver has increased by Rs. 100. It has become 90,000. Currently, 24 carat gold is Rs 72 thousand per 10 grams. A day earlier, i.e. on Wednesday, the prices of gold and silver had fallen. 22 carat gold fell by Rs 250 per 10 grams and 24 carat gold fell by Rs 230 per 10 grams. After this reduction, the price of 22 carat gold has become Rs 66,000 per 10 grams and the price of 24 carat gold has become Rs 72,000 per 10 grams. The price of 18 carat gold is also Rs 54,000 per 10 grams. On Wednesday, silver was also reduced by Rs. 1000 per kg. 90 thousand per kg.
It can be announced in the budget
The government will not take any direct decision regarding the price of gold and silver. The government can announce a reduction in the import duty on both metals in the budget. This reduction can be up to 5 percent. Currently, the import duty on both these metals is 15 percent. If the import duty is reduced from 5 percent to 10 percent, then the price of gold and silver will decrease.
Gold and silver can become so cheap!
According to a report, reduction in import duty may lead to a fall in the prices of gold and silver. If the government reduces the import duty by 5 percent in the budget, then gold can become cheaper by up to Rs 3000. At the same time, silver can also become cheaper by up to Rs 3800. On the other hand, the central bank of China has stopped buying gold. Apart from this, some other countries of the world are also not buying gold at the moment. Due to which the price of gold has fallen further. In such a situation, it can be said that the price of gold may fall further in the coming days.